0333 24 123 44
Make a payment
Get a quote

Logbook loans in Coventry, from Foleshill to Finham.

From the city centre to Bedworth and Kenilworth, apply online, borrow against your car, van or motorbike, and settle early whenever it suits you.

The spire of Coventry's old cathedral rising above the open ruins under a blue sky

A UK direct lender you can rely on

Driving in Coventry

Inside and outside the ring road.

Coventry's tight inner ring road circles the city centre and the cathedral, while the A45 and A46 bypasses link the city to the M6, the M69 to Leicester and the M40 beyond Warwick. Many people live in Kenilworth, Bedworth or Nuneaton and drive in, or commute out to Rugby and Leamington Spa.

With so many journeys between Coventry and the towns around it, a car or van is part of everyday life for a lot of people. If yours is owned outright and free of finance, its value could secure a loan while you carry on driving.

How it works in Coventry

Paying off sooner costs less.

You can settle your logbook loan early at any time. If your finances improve, for example after a pay rise or a change of job, you can clear the balance and get a rebate on the interest, so you pay less than if you ran the loan to the end.

Ask us for an early settlement quote and it will show the amount to pay. Early settlement quotes include one month's interest. Once the loan is repaid, ownership of your vehicle comes back to you, and you carry on driving it as before.

If you fall behind

Talk to us as early as you can. We will work with you to find a good outcome, such as a payment arrangement or a reduced repayment plan. Repossession is only ever a last resort.

Your car may be repossessed if you do not keep up repayments on a loan secured against it.

Questions from Coventry drivers

How quickly could I get the money?

Apply online at any time: an underwriter usually calls within 2 working hours, and the whole process is usually complete within 24 working hours.

Will checking my quote affect my credit score?

No. Getting your quote uses a soft credit search with TransUnion, which does not affect your credit score.

Do you lend in Nuneaton, Rugby and Kenilworth?

Yes. We lend across Coventry, Warwickshire and the rest of the UK. You apply online and talk to us by phone, wherever you live.

Can I clear my loan early if my finances improve?

Yes. You can settle at any time and get a rebate on interest. Early settlement quotes include one month's interest, and your settlement quote shows the amount to pay.

Borrowing responsibly. We only lend when the repayments are affordable for you. Our service is not advised, so if you are worried about money you can get free, impartial help from MoneyHelper, StepChange or Citizens Advice.

Across the UK

We lend wherever you live.

Everything happens online and by phone, so you can apply from anywhere in the UK. Find out more about borrowing elsewhere in the West Midlands:

News and guides

Latest from Logbook Money

Before you go

Still weighing up your options?

You can take your time. Start a free quote when you are ready, or speak to our team about your options.

  • Soft search only, with no impact on your credit score
  • No obligation to accept