Logbook loans – Get money against your vehicle without credit check

Logbook loans are very famous in the UK as secured loans against vehicle logbook. These loans are provided by the different lenders after taking the logbook. Logbook works as security under this loan process. While taking the loan borrowers prove their ownership of the vehicle. Eligibility criteria are very simple for such loans for bad credit :

·      Age of the borrower should be at least 18 years. 

·     The borrower must be the legal owner of the vehicle and logbook should be registered on his/her name.

·      Citizenship of the UK is a must.

·      Borrower must have a permanent source of income.

·      There shouldn’t be any financial claim on the vehicle.

During the loan process credit records are not checked therefore you can enjoy the logbook loans as bad credit loans. You can choose a best lender while sitting at home through the internet. Because, all the lenders have their own portal and personal website with complete details about the process and the conditions. An important thing which helps the borrower in repaying the loan that they can repay the loans in easy installments according to repayment capability. It depends on you that how you repay the poor credit loans weekly or monthly. So, apply for these loans and make your life trouble free.