Gone are the times when logbook loans were considered an expensive affair. With our rates, you will find that our loans more or less cost the same amount as other conventional loans would cost. We, however, advise our clients to keep their borrowing at the bare minimum to avoid running into more debt; however should you find yourself in a circumstance where a loan is inevitable, then we offer the best rates that will not leave you more in debt.

Our loans are based on the value of your vehicle, but you can get less than that should your need be less than the value of the vehicle. The interest rate charged depends on the loan amount you borrow. Normally, you can take a span of up to 36 months to repay the loan. Before you sign our loan agreement, you should fully understand all the costs involved and should you have any queries, raise them before you sign the agreement.

A representative example

For instance, let us give a classical example where you need to borrow £1000 from us over a repayment period of 12 months. Our APR rate is 300% with the fixed interest rate being 96%. The monthly repayment you will be making is approximately £163.34, which brings us to a total of £1960. The table below better explains the same scenario:-

Loan Amount

Loan Term

Monthly Repayment

APR Rate

Fixed Interest Rate

Total Loan Payable


12 months





As seen, our rates are quite competitive and we seek to make them even better by giving you an audience on what you think would work best for you. We do not run credit checks on you making it a handy solution should you have had a bad credit history. There are no agonizing waits as your loan gets approved as you just have to provide your car as collateral for the loan.

Additional charges and interests could be applicable in case your loan remains unpaid. All of the applicable charges will be fully explained prior to your signing the loan agreement. You can also end up paying less than the loan amount should you repay your loan earlier than the loan term. There are no charges for early settlement. This also earns you a rebate on the loan interest and thus we encourage our clients to do so.

Should you require a loan top up before the expiration of your loan term, you can always speak to us so that we can come up with a suitable solution. We offer lower interest rates on such.