Photo: order_242 from Chile, CC BY-SA 2.0
BMW 520D M SPORT AUTO
Could borrow £1,000
UK direct lender
Keep the keys. Unlock the cash.
Borrow against your car and keep driving it. A UK direct lender, with a real person on the phone when you want one.
- Soft search only, with no impact on your credit score
- Poor credit considered, subject to affordability
- Keep driving your car while you repay
See what you could borrow
Soft search only, with no impact on your credit score.
Representative example: Borrow £3,000 over 36 months with 36 monthly repayments of £293.33. Total amount repayable will be £10,559.88. Representative 193.63% APR, annual interest rate (fixed) 84.0%.
Your car may be repossessed if you do not keep up repayments on a loan secured against it.
Established 2009
More than 15 years lending to drivers across the UK, with every loan decided by our own underwriters rather than a broker.
A UK direct lender you can rely on
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Thousands of driversTrusted us with their car
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UK based teamReal people, real phone line
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FCA authorisedFirm reference 680947
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ICO registeredYour data protected
How it works
From quote to your bank account, usually within 24 working hours.
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Get your quote online
Tell us about your car, your circumstances and how much you want to borrow. We run a soft search, so your credit score is untouched, and show you a personalised quote.
Online, 24/7
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Talk to an underwriter
An underwriter calls to check the loan is affordable for you. Then you read and sign your credit agreement online, in your own time.
Usually within 2 working hours
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Sign the Bill of Sale
A signing agent visits to witness the Bill of Sale, then we send the money by bank transfer. In Scotland, and for some other UK loans, you sign a Hire Purchase agreement online instead.
Visit usually within 3 working hours
Loan calculator
See your repayments before you apply.
Change the amount and the term to see weekly or monthly repayments. It is not a quote, and your final offer depends on your circumstances and vehicle.
Representative example
Borrow £3,000 over 36 months with 36 monthly repayments of £293.33. Total amount repayable will be £10,559.88. Representative 193.63% APR, annual interest rate (fixed) 84.0%.
The representative APR is the rate at least 51% of people taking out a loan are expected to receive. Your rate depends on your circumstances and your vehicle.
Your estimate
Estimated monthly repayment
£293.33
- Representative APR
- 193.63%
- Total repayable
- £10,559.88
Illustrative only. Your actual rate, repayments, and eligibility may vary.
Why V5 Solutions
A loan built around you, so you stay on the road.
Keep your car
Drive as normal while you repay. Ownership comes back to you once the loan is paid in full.
Affordability first
We look at your whole situation to make sure the repayments work for you.
No hidden fees
A clear representative example, and no hidden fees for taking out your loan.
Settle early and save
Settle at any time for a rebate on interest. Settlement quotes include one month's interest.
Direct lender
We are not a broker. You deal with our own team from start to finish.
Recently quoted
Drivers like you, and what they could borrow.
A few of the drivers who got a quote from us recently, and the most we offered them. Yours could be more or less, because it all depends on your car and your circumstances.
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Photo: LuvsMG481, CC BY-SA 4.0
FIAT 500 LOUNGE
Could borrow up to £1,150
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Photo: Vauxford, CC BY-SA 4.0
FORD TRANSIT CUSTOM 300 TREND
Could borrow up to £1,950
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Photo: Wilzz99, CC BY-SA 4.0
SMART FORTWO BRABUS XCLUSIVE A
Could borrow up to £1,550
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Photo: Elise240SX, CC BY-SA 4.0
VOLKSWAGEN GOLF
Could borrow £1,000
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Photo: Vauxford, CC BY-SA 4.0
HONDA CIVIC GT TYPE R I-VTEC
Could borrow up to £2,500
Photos are examples of each make and model, not the actual vehicles quoted, so the model shown may differ. Each amount is the loan offered to that driver, not what their car is worth: offers depend on the vehicle and the driver's own circumstances, so the same car can be quoted very differently. Every loan is subject to affordability checks.
Reviews
What our customers say.
Rated Excellent on Trustpilot: 4.9 out of 5 from 246 reviews.
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“This is an expensive way to borrow money but the process is simple, quick, clear and friendly.”
Deborah C. October 2017 · Trustpilot -
“I would say it was a very smooth experience and although I wish I wasn't in the situation that I needed the help; I'm glad I chose V5. Very friendly, helpful staff and a pleasure to deal with them.”
Mr S. July 2017 · Trustpilot -
“Fantastic service and very helpful staff and the rep had driven all the way from Wakefield to Sunderland at 7 pm to come and see me. Would recommend this service to anyone the money was in my account by 9 am the next morning after meeting with the rep.”
B. M. June 2017 · Trustpilot
Questions, answered
The important bits, made clear.
Still unsure? Our team can talk you through it on 01924 221854.
See all FAQsWhat is a logbook loan?
A loan secured against your vehicle with a Bill of Sale. You keep the keys and carry on driving, and ownership goes back to you once the loan is repaid in full. All loans are subject to your circumstances and affordability.
Will getting a quote affect my credit score?
No. We carry out a soft credit search, which does not affect your credit score.
How much can I borrow?
You can borrow from £1,000 to £50,000, depending on the value of your car and what you can afford to repay.
Can I get a loan with poor credit?
You may still be able to borrow. You need to own the vehicle and it must be free of finance, and we check that the repayments are affordable for you.
Can I use my car while I repay the loan?
Yes. You keep the keys and drive as you normally would while you repay.
What happens if I cannot keep up my repayments?
Talk to us as early as you can and we will try to agree a payment arrangement with you. Your car may be repossessed if you do not keep up repayments on a loan secured against it.
Guides
Plain-English guides to logbook loans, credit and money.
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No Credit History or Bad Credit? Understanding the Difference
Two applicants, two refusals, two very different reasons. We explain how a thin credit file differs from a poor one and what helps in each case.
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Topping Up a Logbook Loan: Eligibility, Process and Risks
Topping up an existing logbook loan is sometimes possible. Learn the eligibility rules, how V5 Solutions assesses a request and the risks to consider.
Read guide -
Five Times Your V5C Logbook Really Matters
From buying and selling to moving house and borrowing, here are five moments when an accurate V5C logbook makes a real difference to vehicle owners.
Read guide -
Which Types of Loan Fit Which Situations? A UK Borrowing Guide
See how common borrowing needs map to the main kinds of credit. We explain UK loan types, from personal and secured loans to credit unions and BNPL, by everyday need.
Read guide -
How Loan to Value Shapes the Size of Your Logbook Loan
Your vehicle's value and your budget together set how much you can borrow. Learn how lenders use loan to value and how it affects your logbook loan.
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How Modern Logbook Loans Work: A Worked Example
Follow one example borrower through a V5 Solutions logbook loan, from the soft-search quote and signing to repayments, settling early and the end.
Read guide
Your car could be worth more than you think.
Free quote. Soft search only, so no impact on your credit score. No obligation to accept.
