If you’re struggling to get a loan then you may like to consider your car as a easy way to get a loan. With log book loans your car acts as collateral. As long as you own the car out right or have only a small amount outstanding on it then all you need to do is answer a few questions online about you and your car. Once accepted you need to sign the relevant papers and hand over your V5 log book and then the money is yours. Just make sure you read all the documentation first before you agree to sign.

Tags: Financial