Loans 4 Logbooks

loans 4 logbooks
  • Company Name: White Clover Group (UK) Ltd.
  • Site Description: Take the cash out of your car. We will lend up to 50% of the value of your car or motorcycle (as on the lender website).
  • Website: loans4logbooks.co.uk
  • Region: England and Wales

Loans 4 logbooks Features

  • Minimum Loan Amount: £500
  • Maximum loan amount: Up to half of the value of your car
  • Typical APR: 321.6%
  • Administration charges: Not specified
  • Maximum Age of car: Not specified
  • Credit Checks: No

Loans 4 logbook Eligibility

  • Must legally own a car
  • Must be at least 18 years of age
  • The vehicle must be covered by a paid, fully comprehensive Insured Policy and have a valid MOT and Vehicle Licence
  • The vehicle must not be the subject of any outstanding finance

Our Review

They have been trading since 2002. The charges are slightly lower as compared to other competitors. They require the customer to visit their office with the car. They also require a lot of documents to be shown at their office which include, proof of employment etc. Beware!! They also charge a prepayment penalty equivalent to 4 weeks of interest charged on loan.

To know more about this lender do a quick search in the consumer forums of UK and hear what people have to say about it.

1 comment

Loans for logbooks

Submitted by Guest Pippadoodle (not verified) on Fri, 01/14/2011 - 08:49.

Do not touch this company, won't negotiate if you get into financial difficulties like i did when i was off work sick, ended up loosing my car. Biggest mistake of my life using this kind of company!

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