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Logbook Loans: Am I eligible?

Find out if you're eligible for a cash logbook loan

  •  Your vehicle must be clear (or mostly clear) of finance or any other loan secured against it
  •  You should be able to reasonably prove that you can afford the repayments on a logbook loan
  •  You will have a regular income from work or sufficient benefits/pensions to cover the logbook loan repayments
  •  Your vehicle must be road legal (taxed, MOT'ed and insured)
  •  The V5 logbook must be in your name and you must be the legal owner of the vehicle
  •  You will not be subject to a Debt Relief Order (DRO), an Individual Voluntary Arrangement (IVA) or been declared bankrupt
  •  You must be over 18 years old
  •  You must have a UK bank account

If you answer yes to all these questions, then you are eligible for our logbook loan. However, we request you to contact us in case you would like to clarify any details. We value your time and trust in our services. If for any reason you are not eligible, we will let you know at the earliest opportunity and in confidence. Any documents you will have submitted to us will be returned and in case it is not possible, you can be sure that we will not pass them on to any third party.

Logbook Loan Eligibility - Mini FAQs

Yes. Included in our eligibility checks are that you must also have a UK bank account so that we can transfer your cash.
Having had credit problems in the past will not automatically prevent you from being approved for your logbook loan, unless you are currently bankrupt. In which case you will not be accepted. In relation to CCJs or other credit issues, we will assess whether the loan is right for you and in particular, whether we believe that you can afford the repayments. We treat every applicant with the same respect, regardless of their past circumstances.
You can check the eligibility criteria for a logbook loan from Logbook Money by applying.
Yes we would. Speak to our team on 0333 24 123 44 for further details.
Yes, as long as your spouse or partner agrees to be on the loan agreement.
As long as you own your car and it is free of finance, we do not impose any restrictions on the age of your vehicle, as your logbook loan eligibility is partly based upon the value of your car and not its age.
No, as long as your car is registered in the United Kingdom.