Archive for May, 2008

Things to Remember While Applying for a Logbook Loan

The very name logbook loan makes it clear that it is a loan raised with log book as collateral. The method is to provide a third party with proof of ownership by production of the car registration documents otherwise known as log book and a loan then can be secured against the ownership of the car. Precisely, this is what logbook loan is. Logbook loans are having a greater popularity these days when compared to the other kind of loans. This is because the log book ...

Logbook Collateral- an Easier Way to Get Loan

Log Book Loans are the trend setters of secured vehicle finance. The logbook loan requires the borrower to keep the logbook with the lender until the loan amount has been completely repaid. Logbook is the document issued by Driver and Vehicle Licensing Agency (DVLA). Logbook has several entries about the vehicle relating to the current registration mark, VIN number or the number, and details about the registered keeper of the logbook. Logbook loans demand logbook as security and hence it is easier to get money. ...