We have worked hard to ensure that applying for online logbook loans is simple and straightforward. As a short-to-mid term flexible loan option, logbook loans enable customers to take out a loan, using the value of their car as security.
So what are the benefits of logbook loans? Below, we’ve highlighted the top 5 benefits and how you can apply online today for an instant decision:
Logbook Loan Benefit #1 - Fast Decision
With V5 Solutions logbook loans, if successful, you can have the cash into your chosen bank account within 24 hours. With our straightforward application process, we carry out the necessary affordability and vehicle checks before arranging for the loan agreement to be signed and then transferring your loan payment to you.
Logbook Loan Benefit #2 - Flexible Loan Amounts
Choose the amount you want to borrow and your preferred term (between 18-48 months). At V5 Solutions, we can offer cash loans from as little as £1,000, up to £50,000.
Logbook Loan Benefit #3 – Settle Your Account Early & Save Interest
Do you want to pay your loan back early to reduce your overall monthly expenses? Great news, at V5 Solutions should you choose to repay your logbook loan early, all you have to do is get in touch with our team and you can settle your account early, saving you further interest payments.
Logbook Loan Benefit #4 - All Car Makes & Models Considered
We loan against all makes and models of cars despite their age. This includes older classic cars up to high-end luxury sports cars. As long as you are the legal owner of the car and there is no outstanding finance on the car, V5 Solutions will be able to consider you for a cash loan.
Logbook Loan Benefit #5 - No Hidden Loan Fees
There are no hidden fees when taking out a logbook loan with V5 Solutions. Before processing your loan, all fees and repayment terms are clearly communicated to you from the outset.
To find out more about how our £1,000 - £50,000 cash logbook loans work, click here!