Using your CAR to secure a loan

Tony_H_3

I noticed this website listed in a local paper.

Log Book Loans

Now, im not sure if this has been mentioned before but if not.....

Could this be a viable option for those requiring a loan without running the risk of losing their home should problems arise. I don't think you will get fantastic rates from this company but they might be better than alternative options.

May'be you have dealt with them!

Please feel free to discuss the feasability of using such a company.

Tony_H_3

Mmmmm I had attempted to find out what their APR's are, but they were not forthcoming with the information. I appreciate that it wouldn't be the absolute best deal, but I had hoped it would have been an alternative for some members.

Timmne

!!!!!!??!!!

Loan Amount £1,500
Weekly Repayment £53.45
Loan Term 58 weeks
APR 336.6% :eek: :eek: :eek:

joeblack066

Timmne, love your signature............my most hated one is 'alright', when it should be 'all right'!
If you search Logbook Loans on this site you'll find some real horror stories..........!!

Timmne

Thanks! I'd add so much more to it but have run out of space!

I would also start on the PIN Number / ATM Machine / UTR Reference if I had the space!