logbook loaning SM
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V5 logbook loans
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450.5% APR Representative
Our Lending Partners Representative Example: if you borrow £850 over 18 months at a flat rate of 132% per annum (fixed) with a representative 450.5% APR you will make 17 monthly payments of £140.72 and 1 payment of £140.76, repaying £2,533.00 in total.
However, our lending partners only charge interest monthly and do not penalise you for early settlement.
If you repaid the loan in one month it would cost you just £93.50 and nothing more.
Logbook loans are secured against your vehicle and are subject to affordability. Missed payments may result in additional fees and/or the repossession of your vehicle. Over 18s only, T&Cs apply.
© 2018 - Logbook Loaning SM
www.logbookloaning.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. When taking out a logbook loan, the logbook is held and owned by the lender until the loan is re-paid. All loans granted subject to affordability. Proof of income will be required. 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. Lenders abide by the CCTA voluntary Code of Practice. We do not have a renewal policy.
www.logbookloaning.com is a trading style of Advantage Leads Limited. Authorised and Regulated by the Financial Conduct Authority: 652937. Registered Address: 94-96 Saltergate, Chesterfield S40 1LG. Opening hours: Mon-Fri 9am to 8pm, Sat 9am to 5pm.