Repaying your logbook loan
At Logbook Money, we provide cash logbook loans ranging from £1,000 - £50,000. There are no hidden fees and subject to personal and vehicle eligibility, the money can be in your account within 24 hours. Your loan repayments include capital and interest and if you make your repayments as per your schedule, your loan will be cleared in full at the end of your chosen term.
Repaying your logbook loan early
All customers have the option to repay their logbook loan early. The sooner you settle your loan, the less interest you will pay.
What happens if you are unable to repay the loan?
If you are struggling to make your scheduled logbook loan repayments, you must inform us at the earliest possible time. Our Credit Control team will work with you to develop an affordable repayment plan. Ultimately, where there is no contact or cooperation, the vehicle is then at risk of repossession.
Logbook Money are authorised and regulated by the Financial Conduct Authority. We are also members of the Consumer Credit Trade Association and adhere to the industry Code of Practice
Check out our logbook loan FAQ page to find the answers to more questions!