Am I eligible?

To be eligible for a logbook loan, you must be over the age of 18, resident in the UK (excluding Northern Ireland) and the owner of a roadworthy vehicle which is free from significant debts secured on it. You must also be able to evidence your identity, address and ability to afford the repayments.

What documents will I need?

You will need your vehicle and all associated documents including your logbook, insurance certificate, MOT certificate and service history. You will also need proof of your identity, address and income.

How much can I borrow?

Our partners can offer loans from £250 to £50,000. The amount you can borrow will depend on the value and condition of your vehicle and how much you can afford to repay on a monthly basis.

What vehicles do you accept?

Any roadworthy vehicle, including cars, vans and motorcycles. The vehicle does need to be taxed, MOT’d and insured and should be free (or nearly free) of finance.

Can I apply if I am self-employed?

Absolutely, you can get a quote even if you have self-employed income or are on benefits. You will need to provide evidence that the income is ongoing, for example by providing bank statements showing regular deposits.

What happens to my car?

The best thing about a logbook loan is that as long as you keep up your repayments, you can keep driving your vehicle throughout the term of the loan.

How long does it take to get the money?

When you make an application online, our Parners will get in contact within minutes (during opening hours). They will check your vehicle details and talk you through the process. Next, they will arrangement an appointment with you. They’ll also check to make sure you can afford the repayments and explain all the loan documentation to you. If you are both happy to proceed, you will get your money there and then. The whole process could take as little as an hour to complete!


What are the risks?

Just like any other types of loans, there are risks involved. A logbook loan is secured against your vehicle, so if you aren’t able to maintain your payments, the vehicle could be at risk. Failing to make your payments on time could also affect your credit rating. If you experience difficulties at any time, for example if your circumstances change, the best thing you can do is get in touch with the Lender so you can work together to find a way forward.

TopLogbookLoan is not a lender but a licensed credit broker that introduces borrowers and lenders for the purposes of entering into logbook loan agreements. TopLogbookLoan does not charge customers a brokers fee but receives commission from the lenders.

TopLogbookLoan is a trading name of Amesmo Ltd is Registered in England and Wales (Company number 11520871), Registered Office; 20-22 Wenlock Road, London, N1 7GU. Amesmo Ltd is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register under number 820864. Registered with the Information Commissioners Office; (registration number ZA455421).

TopLogbookLoan only refers customers to lenders who are members of the Consumer Credit Trade Association (CCTA) and who are Authorised and regulated by the Financial Conduct Authority.

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