Monday, 28 February 2011
Put Your Logbook As Collateral And Fulfill Your Bigger Dreams
Logbook loans are especially designed for car owners who are in a condition to put their car logbook as collateral. Logbook in simpler terms is a legal document of a car including important details of VIN number, engine number, and current registration mark and of course it also includes the owner's name.Since, it falls under the category of costly loans that not only provides bigger amount but also carries many restrictions with its name. Therefore, the lenders providing logbook loans are generally registered under FSA (Financial Services Authority).The monetary assistance provided in this form comes up to 50% (sometimes more) of the trade value of the pledged vehicle. It is further followed by a sing on credit agreement and a
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