Logbook Loans

Rates & Fees

Rates & Fees

Logbook Loan Examples*
Total amount
of credit
Total amount
payable
%APR
Representative
Fixed annual
interest rate
Duration Instalments
£250 £706.92 450.5% 132% 18 months 18 x £39.27
£300 £848.31 450.5% 132% 18 months 18 x £47.19
£400 £1,131.08 450.5% 132% 18 months 18 x £62.84
£600 £1,696.62 450.5% 132% 18 months 18 x £94.26
£700 £1,979.38 450.5% 132% 18 months 18 x £109.96
£800 £2,262.15 450.5% 132% 18 months 18 x £125.68
£900 £2,544.92 450.5% 132% 18 months 18 x £210.08
£1,000 £2,827.69 450.5% 132% 18 months 18 x £235.64
£1,500 £4,241.54 450.5% 132% 18 months 18 x £235.64
£2,000 £5,655.38 450.5% 132% 18 months 18 x £471.28

* The above figures are just estimates. You'll find exact information on loan amounts, repayments, instalments and APR% in the documentation given you by the logbook loan lender.

Please be sure that when you fill out and submit our loan application you are under no obligation to accept any offer that our lending partners give. Our service is 100% free and is designed to match you with a reputable logbook loans company, which will provide you with a free, no-obligation logbook loan quote. It's up to you to decide if you want to proceed further and accept the loan. By all means you'll be able to review all of the necessary documentation needed for the logbook loan before you decide whether to take it.

APRs vary according to the information supplied by you in your loan request and the duration of the loan. Loan terms range from 12 months to 36 months paid on a monthly instalment pay schedule.

We do not charge any set up fees when you take out the loan, nor is there any charge for settling early. You may however incur charges if you fail to make your payments on time. Any late payment charges will be clearly set out in the agreement you sign with the lender and will be explained to you fully before you take out the agreement.

Implications of late payment

Please read the offer documents of the loan company before making any suggestions. Especially the late payment implications. You may have to pay charges £25 to £250 depending upon the number of weeks you miss the payment.

Implications of non payment

A Log Book loan is secured against your vehicle, which may be repossessed if you do not make payment. Late or missed payments may incur a charge for chasing letters and telephone calls.

Renewal policy

Renewal policies are determined by the lender, not by us, so they will vary. Be aware that some lenders may not debit your account for the full amount of the loan which may result in additional fees and a renewed loan. Make sure you read the renewal policy carefully and make your wishes clear to the lender.

General Rates & Fees

The logbook loan offer documentation discloses completely your loan APR and any associated fees. All loan applicants may feel free in deciding to accept the logbook loan based on this documented disclosure, with the complete understanding that your logbook loans will never be assessed any additional undisclosed fees or changes to your APR.

Legal Disclaimer

LoansLogbook.com are a broker and not a lender who refer customers to other brokers or lenders that are authorised and regulated by the Financial Conduct Authority.

All loans granted subject to affordability. Proof of income will be required. A Logbook Loan is secured against your vehicle, which may be repossessed if you do not make payment. Lenders abide by the CCTA voluntary Code of Practice. We do not have a renewal policy.