A logbook loan is a loan secured against any vehicle. It’s a quick and simple way to withdraw cash from a vehicle, without a formal credit check. The vehicle owner will be asked to produce the logbook (V5) to prove they are the registered keeper of the vehicle.
A logbook loan may only be issued by an FCA regulated company. The loan is secured on the vehicle using a bill of sale and the customer is asked to sign a consumer credit agreement.
For more information visit website through #logbookloanonline.
A logbook loan may only be issued by an FCA regulated company. The loan is secured on the vehicle using a bill of sale and the customer is asked to sign a consumer credit agreement.
For more information visit website through #logbookloanonline.
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