What Are the Requirements for Logbook Loans?
- January 27th, 2012
- Write comment
If you want to get some fast cash, you can simply avail of logbook loans offered through a trusted website like www.uk-logbook-loans.com. But before you do, make sure that you have an idea of the requirements that are asked of you first so you do not waste time and effort. First, you must be 18 years old or above to qualify for a logbook loan. You also should be a resident of UK. You should be the owner of your car as stated in the V5 certificate or logbook. Your car should be free of finance or at least nearly fully paid instead. Your car must also be 10 years old or less than 10 years old. If you have a classic car though, they could make an exception. You must also have proof of income. If you are self employed, you could provide information on how much you are profiting annually. You must also remember that you can avail of this loan even if you have a bad credit rating.
