subject: Secured Loans Against Logbook: Easy Money Without Any Hurdles [print this page] Do you need money? Don't have a house to pledge for attaining external financial aid? But if you have a car then there is nothing to worry anymore then. Now, you can have the facility of availing loans against your car. The secured loans against your logbook allow you to get loan which is secured against your car. A logbook is a document or certificate which tells certain important details about your car, which contains to the owner of the vehicle, the person who is to keep the logbook, the current registration mark, the chassis mark and other such details.
Logbook is an automobile registration certificate issued by the automobile company. Thus, now you can avail the loans against your car and fulfill all your important financial needs in a convenient manner.
Before applying for Logbook Loans you need to keep certain points in your mind which are as follows:
The car should be registered under your name.
The car should be free from taxes and insurance dues.
There must not be any financial claims against your car
The car should not be more than 8 years old.
Secured loans against logbook allow you to avail an amount ranges from 500 to 50000 as per your requirements and repaying ability. The repayment term of these loans can be 7 to 10 years. After getting the approval you can use the borrowed amount for the purposes like arranging a holiday, paying off overdue expenses, renovation of home etc.
Logbook Loans can also be applied by bad creditors without stressing about their impaired credit status. Bad credit records like arrears, bankruptcy, insolvency, defaults, late payments, CCJ and IVA are all acceptable. Therefore, with the assistance of these loans you can fulfill all your needs and desires without any hindrance.
by: Jelson
welcome to Insurances.net (https://www.insurances.net)
