Welcome to ALLCU Loans
Need a quick and affordable loan?
Have you tried with other financial institutions but keep on being rejected?
Do you have unexpected expenses but no way to pay them?
Do you own a vehicle, a motorbike or a caravan? If so, then we have some good news for you. You could secure a loan against the value of your vehicle, paid into your account in the next 24 hours!
How? Well, thanks to a logbook loan!
What are the logbook loans?
Many financial service providers throughout the UK are offering an unsecured loan option called a logbook loan. It works as follows. The financial institution will offer you a loan against the value of your vehicle, be it a motor car, a caravan or even a motorbike. If it has value you can secure a loan against it.
Sound too good to be true? Well, at ALLCU Loans, we have helped over 1000 residents throughout the United Kingdom secure a logbook loan in the past decade.
How can we help you?
Well, it is all down to your vehicle. Even if it is slightly older, it still has value. This value helps to secure your loan. Now that we have your interest, let us take you through the steps in securing a logbook loan.
The process itself really could not be simpler. Come to one of our offices and bring the following:
- Proof of identification (identity document, passport or drivers licence)
- Three months wage slips
- Three months bank statements
- Proof of address (a utility bill or any other type of bill is perfect)
- Your vehicle logbook (or V5 proof of ownership)
- Your vehicle (if you are able to).
From there, we will start you loan process by assessing your vehicle. Here we look at the condition it is in as well as the mileage it has covered. Please note, your vehicle should be fully paid off. We cannot give you a logbook loan for a new vehicle you purchased a couple of months ago and are still in the process of paying off.
Once we have determined how much your vehicle is worth, we can offer you a loan amount based on this, as the primary factor, but some secondary ones as well, including how much you earn, your expenses and how much you can afford to pay back each month.
Don’t forget, should the loan be approved, we by law are the owners of the vehicle for the duration of the loan. Why, you ask? Well, it protects our investment should you choose to stop paying the monthly loan instalments. We then have a legal right to sell the car and recoup our costs should we not be able to track you down.
Another important point to consider – your car must have comprehensive insurance taken out on it for the duration of the loan. Again, this is to protect us if you be involved in an accident, should the car get stolen, or perhaps suffer any weather damage from hail or wind.
A logbook loan could not be simpler! We want to help you secure one as quickly as possible. We understand that unforeseen expenses such as medical bills, a death in the family and a host of many others can often leave us searching desperately for cash.
Contact us today. Our expert staff are waiting to help you secure that logbook loan from £500 - £25000 against your vehicle. Either come to our offices, email or phone us to discuss any questions you might have.