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Representative Loan Example

All our agreements are secured against your vehicle and are subject to affordability.

Loans up to £1500 (10% per month)

Representative APR

442.85%

Duration

78 Weeks
(18 Months)

Amount of credit

£700

Fixed Annual Rate

120%

Total Cost of Credit

£1,260.00

Instalments

78 X £25.13

Loans over £1500 (8% per month)

Representative APR

310.23%

Duration

78 Weeks
(18 Months)

Amount of credit

£2,500

Fixed Annual Rate

96%

Total Cost of Credit

£3,600.00

Instalments

78 X £78.20

Minimum and Maximum Repayment Period

There is no minimum period as the loan can be repaid early with no redemption penalties.

Loans are typically 18 months in duration, we also offer 36 month contracts which although payments are lower would cost considerably more if the loan were to run full term.

If you choose to settle the loan early you would be entitled to an early settlement discount.

Warning: Late repayments can cause you serious money problems. For help or advice please go to www.moneyadviceservice.org.uk.

A logbook loan is secured against a vehicle. If you do not keep up with the repayments in line with the terms & conditions of the agreement your vehicle may be at risk of repossession and your credit rating will be affected.

How it Works

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Apply online.

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We will check to see if your vehicle qualifies.

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Provide identification and proof of affordability.

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Once approved, one of our agents will visit you; we will then transfer the funds.

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There is no penalty to redeem early and you would be entitled to an early settlement discount.

April Sheppard
April Sheppard
2 months ago
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Victoria was so helpful, I would highly recommend this company! So helpful, quick and easy.
Ben Shaffir
Ben Shaffir
3 months ago
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I have had a loan with these guys for a few months now and honestly they have been fantastic.
Alan Churcher
Alan Churcher
4 months ago
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Very helpful, would use again when needs must, they made it so easy from start to finish, great service. Thank you.
K C
K C
6 months ago
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Victoria and the team at Logbook Loans are a very professional, friendly and trustworthy team. At every stage of the process, they were supportive in arranging the agreement with excellent service.
David Steadman
David Steadman
6 months ago
Read More
Very helpful staff and very easy to deal with. It was a pleasure dealing with Victoria. She was very helpful and got everything done very quickly. Thank you

About Us

Logbookloans247 has an established reputation built on trust and prides itself as an ethical and responsible lender.

We have many years of experience providing solutions for people looking to raise short-term finance quickly and have the flexibility and knowledge to provide a personal service suited to our customers’ individual requirements. We specialise in logbook loans and allow you to borrow between £500 and £50,000 against your vehicle.

LBL247 is committed to the highest levels of professional care with reputation and integrity being paramount. To date, we have helped many customers raise short-term finance and our ethos is based on the principles of ‘treating all customers fairly’. LBL247 are transparent, honest and fair.

We are authorised and regulated by the Financial Conduct Authority which ensures that we are regularly assessed and have proven that consumers are at the heart of our business.

We are a member of the Consumer Credit Trade Association (CCTA) and carry all necessary accreditation and fully comply with its ‘Code of Practice’ to provide ethical lending within the terms of the Consumer Credit Act.

Completed Loans

Completed Logbook Loan

Rolls Royce Ghost

Rolls Royce

Market Value

£78,000

Loan Value

£40,000

Completed Logbook Loan

Mercedes G Wagon

G-Wagon

Market Value

£55,000

Loan Value

£32,000

Completed Logbook Loan

Range Rover Vogue

Range Rover

Market Value

£37,000

Loan Value

£20,000

Frequently Asked Questions

Below are some common questions we get asked. If you have another question which isn’t answered here, then please contact us and we will answer any concerns you may have, no matter how big or small.

We offer several different ways of raising the finance you need, so there are many ways in which we can help you.

Don’t be afraid to call in and ask! Our trained staff are on hand to help you.

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