Logbook loans are expensive and put your vehicle at risk. Make sure you understand the costs before you apply.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
Debt problems? Get free confidential advice from StepChange Debt Charity on 0800 138 1111.

Your vehicle may be repossessed if you do not keep up repayments and you could be responsible for covering any shortfall in value. Failure to pay may also affect your credit score and you could be liable for extra fees, interest and charges.
 Representative APRLoanTerm 
MinimumMaximumMinimumMaximum
loanmymotor.com
Logbook Loan
230.7%£1,000£50,000
1
month
3
years
Representative Example: The Representative APR is 230.7% so if you borrow £1,000 over 36 months at a rate of 96% p.a. (fixed) you will repay £107.77 per month and £3,880.00 in total.
If you take out this loan it will be secured on your vehicle via a bill of sale agreement.
Immediate decision, same day cash, no set up fees & no early settlement penalties.
Auto Advance
Logbook Loan
300.3%£300£25,000
3
Months
3
Years
Representative Example: The Representative APR is 300.3% so if you borrow £1,000 over 12 months at a rate of 96% p.a. (fixed) you will repay £163.34 per month and £1960.08 in total.
If you take out this loan it will be secured on your vehicle via a bill of sale agreement.
Check out our reviews! England and Wales only. No admin fees or early repayment charges. All vehicles considered.
Gissaloan
Logbook Loan Gold
132.26%£500£25,000
3
months
2
years
Representative Example: The Representative APR is 132.26% so if you borrow £1,000 over 18 months at rate of 55% p.a. (fixed) you will repay £101.39 per month, £1,825.02 in total.
If you take out this loan it will be secured on your vehicle via a bill of sale agreement. Available to those with less serious bad credit profiles.
No set up costs or charges for home visits. There are no early settlement penalties and over payments are welcome. Please read our reviews.
Gissaloan
Logbook Loan
253.24%£500£25,000
3
months
2
years
Representative Example: The Representative APR is 253.24% so if you borrow £1,000 over 18 months at rate of 90% p.a. (fixed) you will repay £130.56 per month, £2,350.08 in total.
If you take out this loan it will be secured on your vehicle via a bill of sale agreement.
No set up costs or charges for home visits. There are no early settlement penalties and over payments are welcome. Please read our reviews.
Varooma
Logbook Loan
176.96%£500£50,000
3
months
3
years
Representative Example: The Representative APR is 176.96% so if you borrow £1,000 over 18 months at rate of 70% p.a (fixed) you will repay £113.89 per month & £2,050 in total.
If you take out this loan it will be secured on your vehicle via a bill of sale agreement.
No set up costs and home visits are free. There are no early settlement penalties and over payments are welcomed. Please read our reviews.
Mobile Money
Logbook Loan
637.4%£200£50,000
6
months
3
years
Representative Example: The Representative APR is 637.4%
If you take out this loan it will be secured on your vehicle via a bill of sale agreement.
Same day cash. Affordable loans. Lend to Self-Employed. No penalty to repay early. No charge for over payments. No charge for our Home Service. Check out our genuine reviews.
Car Cash Point
Logbook Loan
230.7%£500£50,0001 day
5
years
Representative Example: The Representative APR is 230.7% so if you borrow £1,000 over 36 months at a rate of 96% p.a. (fixed) you will repay £24.87 per week and £3879.72 in total.
If you take out this loan it will be secured on your vehicle via a bill of sale agreement. For home visits you will be charged a £60 set up fee.
No minimum period, no early settlement fee and overpayments allowed.
The Car Loan Centre
 
Logbook Loan
167.61%£500£8,000
1
year
3
years
Representative Example: The Representative APR is 167.61% so if you borrow £1,500 over 24 months at a rate of 80% p.a. (fixed) you will repay £147.81 per month, £3,547.53 in total.
If you take out this loan it will be secured on your vehicle via a hire purchase agreement.
No set up costs or settlement penalties and over-payments are offered.
Logbook Loans
Logbook Loan
528.3%£400£50,000
1
year
4
years
Representative Example: The Representative APR is 528.3% so if you borrow £700 over 12 months at an annual interest rate of 127.2% p.a. (fixed) you will repay £31.18 per week and £1,590.18 in total.
If you take out this loan it will be secured on your vehicle via a bill of sale agreement (unless you live in scotland).
All vehicle owners and vehicles of all ages considered. Settle as early as you like with no additional charges.
EasyLogbookLoans.tv
 
Logbook Loan
190.3%£500£15,000
6
months
3
years
Representative Example: The Representative APR is 190.3% (fixed) so if you borrow £1,000 over 12 months at a rate of 70% p.a. (fixed) you will repay £141.67 per month & £1700.00 in total.
If you take out this loan it will be secured on your vehicle via a bill of sale agreement.

money.co.uk, Dot Zinc Limited, 160 Fleet Street,London. EC4A 2DQ. We are a Credit Broker for all consumer credit products listed on money.co.uk.

If you do not keep up repayments your vehicle may be repossessed and sold by the lender without the need for a court order.

We provide an independent comparison service free of charge but we may receive a commission from some of the companies we refer you to. These are displayed with non-faded buttons.

How to Find the Best Logbook Loans

If you suffer from poor credit and need to borrow money a logbook loan could prove to be the answer; but you need to be careful. Here's how to find the best logbook loan for your finances.

How to Find the Best Logbook Loans

Using your car to secure a loan may be a way of borrowing money if you suffer from a poor credit history or are on a low income and really need to access funds.

However, log book loans can be a very expensive way to borrow so if you decide to take one out you need to shop around to find the cheapest option possible.

Here's what you need to do to find the best car logbook loans UK providers have to offer.

Investigate alternatives

Before looking for the best logbook loan, you should check that you can't borrow money from another source.

Not only are log book loans an expensive way to borrow money they will also put your vehicle at risk as the loan will be secured against your car. This means that if you don't keep up your repayments the lender is entitled to take your car instead. So if you can borrow money from another source it may be a better option.

Even if you are looking for logbook loans because you suffer from bad credit there may be other options that are more affordable.

Read our guide: How to Borrow Money With Bad Credit for a rundown of the different options available to you.

Check your vehicle qualifies for a loan

Logbook loans are based on the trade in value of your vehicle so before you start getting quotes you will need to assess your vehicle's value.

Most logbook loan providers will lend up to 50% off the value of your vehicle (as assessed by the logbook loan company), providing you own it outright and don't have an existing finance agreement secured against it.

Essentially this means that the amount you might be able to borrow is restricted to up to half the value of your car.

There are also likely to be strict criteria to the type of vehicle logbook loan providers will accept, with most putting an age limit and other restrictions on the type of vehicle that will be considered.

Same Day Logbook Loans

If you're looking into logbook loans, fast decisions on how much you can borrow will get you the cash you need sooner. Although quick logbook loans that transfer the money to your account swiftly are available, an instant loan against car ownership is rare. This is because immediate guaranteed logbook loans would require the lenders to make a decision without first being able to value your car.

So when you apply for logbook loans, instant decisions can't be made because the lender will need to come out to see your car first. This means that if you're looking in a hurry for logbook loans, instant cash won't be an option.

Compare logbook loans online quotes

The main factor that will determine the cost of your logbook loan is the interest you will have to pay.

Every log book loan company must display a representative APR, this is an illustration of the interest you might have to pay on a logbook loan should you apply and is a good way to compare the relative costs of each loan.

You can compare logbook loans and their interest charges side by side using our car logbook loans UK comparison table, which includes the top 10 logbook loans available in the UK.

Use this table to narrrow your options down to the top 3 logbook loans that meet your needs, look at which gives you the cheapest access to the money you need and then, if you have no other cheaper option available to you, consider applying for the best loan for your finances.

Related Logbook Loan Guides

Logbook Loan Comparison

A-Z Logbook Loans Companies

View our full A to Z list of all logbook loan companies.