The Cheapest Logbook Loans in the UK

Representative example: if you borrow £1,000 over 12 months at a flat rate of 42.6% per annum (fixed) with a representative 99.7% APR you will make 12 monthly payments of £118.83 and repay £1,425.96 .

Affordable Logbook Loans

You can borrow from £500 to £25,000 and many of our loans are paid out within just hours of application… some have even been paid out in under 60 minutes. To make things even easier, you can also collect your loan in cash.

Logbook loans are secured by a “bill of sale” which means you continue to drive your car but legal ownership transfers to us whilst you have the loan. We always discuss our customers’ borrowing needs so we can provide as much help as possible and to ensure that every loan is affordable and suitable.

The UK's Cheapest Logbook Loans

Our 99.7% APR Representative is the lowest logbook loan rate in the UK – and it’s the same rate for everyone, we do not charge higher rates if you are self-employed, a tenant or a non-home owner. This rate will be fixed for the life of your loan so you always know exactly where you are.

How to Get a Loan

Apply Online or Call us - Our online application form allows you to begin applying from your computer, tablet or mobile, or you can call us directly for an even quicker response.

Talk to one of our Team - We think it’s important to talk to our customers and to make sure that you are completely happy that a logbook loans is right for you. We will run through your borrowing needs and double check the details of your vehicle to ensure we have valued it correctly. We will assess the affordability of the loan and, if you are happy, undertake a credit check. If everything is okay, we will provide you with your personal quote and book you into your local branch so we can view your vehicle, finalise the paperwork and give you your cash.

Visit Your Local Branch – When you visit the branch, we will go through all the documents and make sure you fully understand the loan arrangement and your responsibilities. Once you are happy with the loan and the documents are signed you can drive away with your car and your cash. If you prefer, we can also transfer funds electronically after your visit.

Why Choose Mobile Money?

Apart from being the UK's No.1 logbook loan company offering the cheapest responsible loans secured on cars available, there are many reasons why our customers choose us.

Click here to discover more...

Get your free quote today

Logbook Loans Online

Logbook loans are a way of borrowing money using your car to secure a loan. The amount of money we can lend you depends on the value of your vehicle and how much money you can comfortably afford to repay.

Lending is secured against your car using a document known as a Bill of Sale which allows you to keep your car while your logbook loan is being repaid - we just keep hold of the V5 / logbook.

As long as you are named on the v5 registration document (or “logbook”) as the registered keeper of the vehicle and  there is no outstanding finance on it, we can lend you from £500 upwards (subject to a successful application and affordability checks) but it’s important to remember that the money you borrow is secured against your vehicle and you may incur extra charges, impair your credit rating or have your vehicle repossessed if you do not keep up the repayments of your logbook loan secured on it.

Once your loan is repaid, we simply return your vehicle’s logbook to you.

Logbook Loans: Application Process

All applications for logbook loans are treated individually and we always ensure that each customer can afford to repay the money we are lending prior to agreeing the loan. If you wish to borrow money from Mobile Money there are a number of items we will need to see before we can agree to lend you money.

Firstly we need to see proof of your income to ensure your loan is affordable and the vehicle’s logbook (V5 Registration Document) so we can confirm that you are the registered keeper. We will also need to see your passport or driving licence in order to confirm that you are the person named in the documents as well as a recent bill or letter which includes your name and current address.

We must also check that there is a valid MOT certificate, tax and insurance on the vehicle but if you are unable to provide these documents don’t worry, we can avoid delays to your application by getting confirmation online.

Finally, we will need to see your car so we can make sure that we have valued it correctly for you. You can either bring your car / vehicle to your nearest branch or we can arrange for one of our team can come and meet you at a more convenient location.


Get your free quote today


99.7% APR Representative