Get your Logbook Loan Paid Within Just 60 Minutes of Approval!
Quick and Easy Online Application
We provide same day logbook loans from £500 to £25,000 at 189.9% APR Representative over 18 to 48 months.
Logbook loans use your car or vehicle as security. Using your car as security means that you can get a better interest rate compared to some other forms of credit.
There are no hidden fees or penalties and we are a direct lender, not a broker and you can apply for our logbook loans online 24/7!
1: Apply Online or Call Us
Enter Your details at the top of the page and click the ‘Get Your Free Quote’ button.
Call us directly on 0800 987 1500
2: Approve Your Quote
If you are happy with our quote and want to go ahead with your loan our friendly team will help you through the application process…
We even do all the paperwork for you!!
3: Receive Your Money
Once your loan application is completed we will transfer the money straight into your bank account using “Express Electronic Bank Transfer”.
So your cash could be with you in 60 minutes or less!
Information About Loans With Mobile Money:
What Do I Need In Order To Qualify For A Logbook Loan?
To secure a loan from Mobile Money you must:
– Live in England or Wales
– Own your car and be named on the logbook (a.k.a. the “V5 Document”)
– Be 18 years old or over
Will My Car Be Suitable For A Logbook Loan with Mobile Money?
To be used as security your car must
– Be free (or almost free) of finance
– Have enough value to cover the amount you wish to borrow
– Be taxed, MOT’d and insured
How Much Can I Borrow?
We provide loans secured against cars from £500 to £25,000 over 18 to 48 months.
The amount of money you can borrow depends on the value of your car / vehicle and how much you can afford to repay – the higher the value of your car, the more money you can potentially borrow but we always try to ensure that you are able to afford the cost of the loan repayments before approving your logbook loan.
What exactly is a Logbook Loan?
Logbook loans are a convenient way of borrowing money that use your car or vehicle as security.
Using your car as security against your loan allows you to get a better interest rate compared to some other forms of credit. Loans secured against cars / vehicles use a document called a “Bill of Sale”. A Bill of Sale allows you to keep possession of your car while you repay the loan – we simply keep hold of the car’s logbook.
Who are Mobile Money…?
We are the longest established logbook loans company in the UK with over 19 years’ experience.
Mobile Money are authorised and regulated by the Financial Conduct Authority (FCA) and we always make certain that every loan we provide is suitable and affordable for the customer. As members of the Consumer Credit Trade Association we operate by a strict code of practice and we only lend responsibly
Logbook Loans and V5 Loans: Unlocking the Cash in Your Car
Most people are familiar with the idea of a secured loan where the value of a property is used as security (or “collateral”) against the amount of money being borrowed and a logbook loan (also known as a V5 Loan) works along exactly the same principle: the amount of money you borrow is secured against the trade value of your car or van (and in some cases motorbike).
To use your vehicle as security:
You must be named as the registered keeper on your car or van’s V5 registration document and be the legal owner of the vehicle.
The trade value of your vehicle must be higher than the loan amount you require and also enough to cover the value of any loans secured against your V5 document (though it doesn’t necessarily need to cover 100% of the loan).
The loan must prove to be affordable and suitable for your needs.
As long as this is the case then you could use the value of your car to allow you to access credit quickly without needing to choose other forms of lending that can often prove more expensive.