It’s Easy to Release the Cash in Your Vehicle!

Thank you for visiting Refugee Loans! If bad credit prevents you from getting a loan everywhere else, you are not alone. We have helped thousands of other customers with bad credit, zero credit, and even those who are self-employed obtain a quick logbook loan through their vehicle. To get started, just complete our simple online form and we'll help you release your vehicle’s cash TODAY!

What is a Logbook Loan?

A logbook loan, also known as a V5 loan, is a type of short term loan secured against the borrower’s vehicle. Logbook loans are meant for borrowers who cannot qualify for traditional loans because of bad credit, and thus don’t include credit checks in the application process.

Logbook loans can be accessed quickly and easily. As long as you own a vehicle and have a sufficient income to meet the repayments, you can qualify and get your money almost instantly. It doesn’t even matter if you are self-employed, have had arrears, CCJs, repossessions, or bankruptcy in the past. Even if your present credit doesn’t qualify you for standard loans, our vast network of logbook loan lenders are more than happy to provide the service that you need!

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How it Works?

Here at Refugee Loans, we have made getting a logbook loan extremely easy! First, you just have to submit your details through our online application form. We need to know the make and model of your car, the amount you want to borrow, and how we can reach you to give you your free quote.

We will then find a matching lender based on the information you provided. After this, we will let you know that we’ve found one and give you a FREE quote. If you are happy, we can then schedule a meeting between you and the lender so you can get your cash immediately. Just bring along your car and the requirements, and if everything passed the lender’s criteria, you can finalise the terms of the loan. You need to read the fine print very carefully before signing the bill of sale and handing over your logbook. Once you are sure with the terms, all you need to do is sign the credit agreement and get your cash within that same day!

With a logbook loan, you don’t have to worry about your car being pawned. You only have to bring it so it can be evaluated, but you can keep on driving it during the full duration of the loan, as long as you pay the instalments on time.

What are the Requirements?

In case you are wondering, logbook loan requirements are very simple and easy to meet! For you to become eligible, you just need to be over 18 years of age, a UK resident, and a legal owner of a working vehicle. This vehicle should be insured and must be out of financing, in order to qualify, although some lenders may consider those which have very little balance left.

The paperwork is not complicated either. Since there are no credit checks, all you need is to submit the following:

Proof of ID
Proof of Income- pay stubs and certification from your employer, bank statements if you are self-employed
Proof of Address- at least 6 months of utility bills on the same residence. (It helps if you are listed on the electoral roll with the same address.)
Vehicle registration or V5 document (logbook)
Ministry of Transport (MOT) Test- this should be done annually to ensure that your vehicle has passed the road safety standards.
Proof of insurance- whatever happens to your car during the loan period, you will be fully responsible, as you remain the legal keeper of it.
Spare car keys

Borrow Between £500 and £25,000!

Here at Refugee Loans, you can borrow any amount between £500 and £25,000, which is the largest borrowing limit you can find. Just let us know how much you earn, and what type of vehicle you have, so we can give you an idea of how much you are eligible to borrow.

Flexible Repayment Terms!

Have you ever experienced borrowing from a payday lender, and struggling to meet the required lump sum payment? With a logbook loan, you’ll never have to force yourself into a deal that you cannot afford. Let us know how much you can pay every week or every month, and we can help you arrange a payment scheme that is easy on your budget!

All Vehicles Accepted!

It doesn’t matter if you have a sports car, a van, a motorcycle, or a truck. With our huge database of lenders, we can surely find one that accepts your particular car make and model. Just enter your vehicle details into our contact form and we’ll do all the dirty work!

Totally FREE Service!

So what’s the cost of our search and comparison service? None! There won’t be any hidden charges or additional fees to your deal, ever! You won’t even be obliged to apply through us. After getting your free quote, you can opt out at any time.

So what are you waiting for? Just accomplish our online form and get your FREE, NO-OBLIGATION logbook loan quote instantly!