Charges
All of the log book loans lenders charge different amounts of interest when you take a loan, so below we have created tables that should give you a better idea of what you should expect to pay with each lender. Please bear in mind that the longer a loan is taken for the more interest will be payable. We have included both annual interest rate and a representative APR rate within the example.
For more information about each lender’s APR interest rate, as well as general terms and conditions, you will need to visit their website directly. The figures in the table below have been adapted from information on each lender’s own site.
Representative examples
| Lenders Name | Total Amount of Credit | Payments | Fixed Annual Interest Rate | Total Amount Payable | Duration | Representative APR | Fees | Apply Today |
|---|---|---|---|---|---|---|---|---|
| Car Cash Point | £500.00 | £16.31 Per Week | 119.86% | £1,196.71 | 104 Weeks | 356.40% | None | Proceed |
| Mobile Money | £800.00 | £134.11 Per Month | 132.00% | £2,413.98 | 18 Months | 457.56% | £30.00 | Proceed |
| Logbook Loans Ltd | £1,150.00 | £42.53 Per Week | 125.64% | £3,317.34 | 78 Weeks | 478.30% | None | Proceed |
You will need to check directly with the lender themselves regarding charges and current APR. Please see our homepage for contact details and to compare loans.
Disclaimer: A logbook loan is secured on your vehicle. Your vehicle is at risk if you do not keep up with repayments. CompareLogbookLoans.co.uk is not a lender and does not give financial advice. All loans are issued by third parties.