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Small Loan against value of car

NewUserHere
NewUserHere Posts: 172 Forumite
Me and my partner own the car, i'm the registered keeper.

Looking to raise about £500 against its value.

Just wondering of the best way/best companies that can offer this?
Would it be possible to do so in my partners name (due to my credit file)?

Comments

  • DCFC79
    DCFC79 Posts: 40,643 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Me and my partner own the car, i'm the registered keeper.

    Looking to raise about £500 against its value.

    Just wondering of the best way/best companies that can offer this?
    Would it be possible to do so in my partners name (due to my credit file)?

    Just have to ask why you need the £500 ?
  • ~Beanie~
    ~Beanie~ Posts: 3,043 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    |Can't you borrow £500 from a more reputable lender?

    A log book loan is an absolutely terrible idea but if you are determined, just google. There are plenty of Companies out there and a lot of them don't credit check you either.
    :p
  • DCFC79
    DCFC79 Posts: 40,643 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ~Beanie~ wrote: »
    |Can't you borrow £500 from a more reputable lender?

    A log book loan is an absolutely terrible idea but if you are determined, just google. There are plenty of Companies out there and a lot of them don't credit check you either.

    What I was thinking, the OP says the loan wont be in her name due to her file. OP could your partner talk to his bank and get an overdraft ?
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    Just read of the experiences people have had with log book loans before you go down that path.
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • pauletruth
    pauletruth Posts: 1,133 Forumite
    dont is the simple answer. even pay day loans are a better option.
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