Welcome to Rochester Logbook Loans
The world today is much different than before – commodities are at sky-high prices, many are losing their jobs, and even more are having problems securing one. As such, many find themselves in the middle of a financial crisis – there are too many expenses and much less ways to make money to sustain it. We no longer enjoy the freedom we once had before, and as such, many have turned to financial assistance in the form of logbook loans to help themselves get back up while making use of a car that they already own.
What is a logbook loan?
A logbook loan is a form of financial assistance where a vehicle owner uses his car to receive cash. The car’s logbook – also known as the V5 document – is used as collateral. What differs logbook loans from other types of loans is that the borrower can keep the car while the loan is ongoing – so long as he or she is able to meet the agreed repayment terms. Moreover, logbook loans offer more flexibility in terms of repayment, and the convenience and ease of application make it a popular type of financial assistance that many seek after.
Rochester Logbook Loans is a highly credible logbook loans provider that works with borrowers to get them the cash they need at the soonest possible time. Because we understand the urgency of your needs, we make it a point to respond as soon as possible and release your money right away. Our application process is hassle and cost free, and we can deliver you the money in as early as 24 hours after you place your application.
What is required for a logbook loan?
To apply, you will need to satisfy the following requirements: UK residency, 18 years old and older, and that you are the legal owner of a vehicle that is free from financing. We will look at your vehicle and assess if it is also eligible to be used as collateral.
Moreover, you will need the following paperwork: the logbook of your vehicle (or V5), the MOT certificate of your vehicle, proof of income (bank statements and pay slips, whichever is applicable), proof of residence (phone, electricity and cable bills with your postal address), proof of identity (any government-issued ID), as well as the insurance details of your vehicle.
How much can be borrowed?
Depending on the value of your vehicle, logbook loans can give as much as £500 to £50,000. We can allow you to borrow as much as 50% of the value of your car. However, we would like to let you know that logbook loans are still subject on the affordability as well as your current capacity to pay.
Rochester Logbook Loans aims to provide hassle-free services to all of our customers. Not only do we want to give you the best quality of assistance before you get your money, but also partner with you during the duration of it. We offer flexible repayment terms in which you will have a say on – because this is your loan, and we want to help you settle it.
Our online application process takes as little as 15 minutes using our online form, and we will contact you as soon as we receive it so we can discuss the details of your logbook loan. To make things easier, we can offer quotes that depend on your chosen repayment terms so you can decide what is best for you, given your needs and current financial standing.
With Rochester Logbook Loans, you can be assured that you will get the financial assistance you need – when and how you need it. Apply now to get a free quote.