What are Logbook Loans?

Logbook Loans allow you to borrow money using your car as security against your loan. If your car is fully paid or almost paid for, then you will probably qualify for a logbook loan.

How to Qualify for a Loan?

As a general guide, you must:

• Be over 18 years old (some providers require you to be over 21)
• Be the legal owner of the car or other vehicle
• Have fully paid for your car or almost paid for it
• Be a UK resident

How much can I borrow?

How much you can borrow is based on the value of your car or vehicle. If your car is worth £2,000, then you can generally borrow up to £1,500 depending on the logbook loan provider you choose.