Wednesday, 9 February 2011

Logbook loans for bad credit in the UK

Just because you have bad credit and a string of county court judgements, IVA's, or bankruptcies does not mean you cannot get a loan when you need one. Anyone over the age of eighteen, who has proof of their income and who is the legal owner of a car which is paid for in full, or almost paid for, can obtain a loan for around 75% of the value of the car in less than 24 hours. Not only that, the loan can be cash so you don't even need the inconvenience of having a bank account, and lenders rarely bother with credit checks.
Loans secured against the value of your vehicle are known as log book loans, and can be issued for far more than just cars. If you have a caravan, a motorcycle, van or Winnebago, in fact anything which has a

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