subject: Logbook Loans-access Financial Aid Against Your Logbook [print this page] Facing financial deficit trouble? Looking for sufficient cash aid? Need a loan? At such crisis time, the logbook of your car will help you to access external financial support. Yes by placing logbook of your car you be able to entail the most feasible financial option of logbook loans. This loan you adequate financial help against your car logbook. So, with the help of these loans you can now tackle all your important needs without any discomfort.
Car logbook refers to a vehicle registration certificate issued by Driving and Vehicle Licensing Agency. A logbook contains the details of an owner of the car, registered keeper of logbook, chassis number, current registration mark, engine number, model and color of the car.
An applicant who has logbook registered on his/her name is eligible for this loan. Even after the approval of this loan you can still freely drive your car anywhere, without any disturbance by the lender. Although it is your responsibility to keep the car well maintained.
In order to avail logbook loans you must fulfill certain prerequisites which are enlisted below:
A logbook should be on your name.
Car should not be older than 8 years.
A full time employment in a reputed firm
There should not be any due on your car.
Car should be insured and taxed.
The loan amount varies from 500 to 50,000 can be obtained through car logbook loans, as per your needs, income and repaying capability. Pay back the amount within a repayment period of 5 to 7 years. Apply online and compare all loan quotes well to get a best loan deal with better terms and conditions.
The borrowed amount can be used to meet various needs like debt consolidation, wedding expenses, car repairing, paying hospital bills etc.
The best thing about logbook loans is credit verification process is not involve and thus people suffering from adverse credit score like CCJ, IVA, insolvency etc can also apply for these loans without any restriction.
by: Adam Dorothy
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