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 loans secured on your used vehicle, you can keep on using your vehicle as long as you repay the loan. You can normally borrow between £250 and £50,000, depending on how much your car is worth although you may only be allowed to borrow up to 70% of your car’s value. New customers can borrow up to 80% of car value.
If you are a citizen of UK and own a car, van or motorbike that is free or nearly free of any outstanding finance, then you could qualify the logbook loan.
Choose repayment schedule up to 78 weeks, although you are able to pay it off earlier.
To avail the opportunity fill our 30 second form and you could get the loan today.
Why Logbook loans?
- Borrow from £250 up to £50,000!
- Money same day
- Borrow for any purpose
- A Secured loan on your car
- Bad credit, CCJs considered
- You keep driving the vehicle
- No guarantor needed
- Acceptance of vehicle of any age
- Select one of the best repayment options for you
Why Use Eaffy?
This loan is totally secured and you have to keep your vehicle with you throughout the agreement.
- Free no obligation quote
- Acceptance of vehicle of any age.
- Friendly loan advisors
- Select one of the best repayment option for you.
- No hidden terms and conditions.
- No Upfront Fees.
All loans granted subject to elegibility and affordability. Proof of income will be required.
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. Lenders abide by the CCTA voluntary Code of Practice. We do not have a renewal policy