Logbook Loans Information

It's not always easy understanding the logbook loans market. There are a number of different providers and quite a bit of sales jargon out there. This site aims to help educate anyone who is thinking about taking out a logbook loan by offering useful articles and insight.

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Lender Credit Check? Loan Amount Annual APR Representative APR Read Review
logo No £200-£50,000 70% 190.3% GREENBUT
As an example, If you were to take out a loan with Varooma and you borrow £1000 over 1 year at a fixed annual interest rate of 70% and a representative APR of 190.3% you would pay back £141.67 per month which is £1,700.04 in total.
Car cash point logo No £500-£50,000 96% 300.3% GREENBUT
As an example, If you were to take out a loan with Car Cash Point and you borrow £1000 over 1 year at a fixed annual interest rate of 96% and a representative APR of 300.3% you would pay back £163.33 per month which is £1960.08 in total.
Automoney logo No £100-£5,000 140% 554.14% GREENBUT
As an example, If you were to take out a loan with Automoney and you borrow £1000 over 1 year at a fixed annual interest rate of 140% and a representative APR of 554.14% you would pay back £200 per month which is £2,400.00 in total.