One of the top companies that offer cheap and easy logbook loans in the UK is Car Cash Point. It can provide loans ranging from £500 to £50,000, with the repayment period varying between 1 day and 5 years. The interest rates are comparatively low, along with the representative APR of about 230.7%. Moving on, the company believes that it provides short term deals that are 87% cheaper than the usual deals in the market. Regular checks are made by the lender to make sure that they provide the best deals in the business.
The company's main objective is to help its customers in getting a short term affordable logbook loan, along with providing responsible and secure services to them. Not to forget, Car Cash Point is a member of the Consumer Credit Trade Association, and is also under the regulation of Consumer Credit License. This makes it a reliable logbook loan choice for people, particularly in the UK.
Furthermore, there are no additional hidden charges attached to the loans. Some other major advantages of the Car Cash Point are listed below:
- Flexibility in the amount of loan and the repayment period
- You can easily get the loan in as less as 1 hour if you are residing in England or Wales
- There are no credit checks
- The availability of ‘Pay as You Go' interest
- There are no early redemption charges attached
Last but not the least; lender's free quote service is also beneficial for many customers. And you are eligible to apply for the loan even if your car is less than 10 years old, however, it should be made sure that it is free from any sort of financing.