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About Logbook Loans from Loan On Your Car

Our Logbook Loans Will Not Be Beaten on Price, Quality or Service

10% Cost Reduction If You Swap to Us from Another Lender

Loans Sorted in Minutes and Hours! Not Days

Who we are

We are a UK based, ethical and responsible logbook loans direct lender, who specialise in Vehicle Equity Release and same day logbook loans.

Vehicle Equity Release is a more customer-friendly alternative to the traditional logbook loan, and through our Vehicle Equity Release scheme you can borrow up to 70% of the trade value of the car while still owning and using it at your own discretion.

We are the leading logbook loan lender in the UK, and extremely proud to be ethically focussed and customer driven.

Our principal priority is to offer flexible lending solutions to work within your needs. We also promise to remain penalty free and customer conscious, so if you wish to pay off early, or indeed, if your finances improve and you wish to pay off larger amounts, that’s ok too, we will not charge you for getting ahead on your repayments.

Another of our key cornerstone values is to keep our interest rates below the industry norm so that wherever possible you can save money on your loan.

Our promise to you are specialists in Vehicle Equity Release, a cost effective online logbook loan method that allows you to stay in control.

We are fast, discreet, and flexible and will work with you to find the best terms for your personal situation and needs.

We are exclusively an online lender so no office visits are required and everything can be done securely and easily from home.

We are family run, privately owned and support a broad client base throughout the UK, many of whom have left reviews on Trustpilot.

Our team is diligent, informative, driven and understanding, and will always seek the best solutions for our customers.

We cater to many types of vehicle, and providing it is no more than 10 years old and you own it yourself, then it's very likely we can offer you a loan against its equity, so please give us a call on 0333 577 5000, or email at to discuss your options.

Company Ethos began as a family run company and despite our year on year success, we remain deeply attached to the unified principles of responsibility, efficiency, diligence and professionalism throughout every sector of our business.

We appreciate that your time is precious and with 30 years in the financial services industry we are able to provide both expert and tailor-made solutions specific to your own situation.

But please don’t just take our word for it, our client base has spoken in volumes, making us a top ranked loan provider with almost faultless reviews.

Indeed, our experience and knowledge of the industry allow us to confidently and seamlessly manage each step of the process in a time frame and budget structure effective for you.

But that’s enough blowing our own trumpet, the proof is in the detail, so please have a look through the following article to find out more about Logbook Loans, Vehicle Equity Release, and what can do for you. And of course feel free to call us direct on 0333 577 5000 or email on to answer any questions or for a no obligation quote.

The rules we follow

As a direct lender is regulated by the Financial Conduct Authority and we are also a member of the Consumer Credit Trade Association.

We are fully General Data Protection Regulations (GDPR) compliant so that all customer information remains 100% confidential and no data is ever sold to a third party.

We will never ask you to surrender your Logbook V5C, and all our loans are provided fairly and with the greatest protection under consumer credit law.

Your loan in safe hands

If this is the first time you have used an asset as loan collateral, or indeed the first time you have used our service, you’ll want to know what it is you’re signing up for.

This article will seek to tidy up any questions and hopefully to remove any confusion that may exist. We will also demonstrate where Vehicle Equity Release differs from other types of Logbook Loan where your vehicle may be more at risk, and/or the loan works on less dependable principles.

So let's start with an important question, what exactly is a Logbook Loan?

‘Logbook loan’ is an industry term for equity secured against your vehicle. With a traditional Logbook Loan, once you sign over your vehicle, it becomes the official property of the loan company until the remittance is repaid in full.

During the time span of the loan, the customer may still use the vehicle but if the debt cannot be repaid, it becomes the property of the loan company who can then do with it as they wish.

Logbook loans are a form of financing but they differ in some very important ways from other types of car finance agreement, such as hire purchase or conditional sales.

One of the key factors of this is that it is your own vehicle (not supplied by the company) so quality standards and safety checks are not a factor in the loan company’s decision.

Logbook Loan Regulations

Ordinarily, the logbook loans process is regulated by the ‘Bills of Sale’ Act of 1878.

Bills of Sale saw a huge upsurge in popularity throughout the early parts of this century and are the common route regulated by the FCA ‘Financial Conduct Authority’.

Though still largely in use by many reputable loan companies, there are significant downsides both legal and practical to this system.

Among the principle concerns for a would be customer are:

  • They allow goods to be repossessed if there is just one missed payment, offering little protection to the borrower.
  • They give no protection to customers who buy goods subject to ‘Bills of Sale’ rules without knowing it.
  • They are inflexible and can hinder the transaction process when secured guarantees and revolving credit are a factor, even with high net worth customers.
  • They are expensive and burdensome to loanees.
  • All loans have to be registered with the court, meaning a longer loan consolidation period and more paperwork.

How are we different?

Here at we want to make your experience as easy and cost effective as we can, so instead of operating under the aforementioned ‘Bills of Sale’ rules and restrictions, we process all our loans under the governance of the Consumer Credit Act 1974.

For the customer this means much greater protection from any defaulted arrangements from the company side and greater financial monitoring for the consumer. Essentially, it also allows the whole process to be transacted from home and in literally a couple of hours (sometimes minutes) the money can be in your account, hence the much used term ‘same day logbook loan’.

But what about the vehicle, surely we need to see it?

Yes we do, and to do this we use WhatsApp, our top industry experts can make an astute valuation by working with the customer to cover the necessary things we need to see.

What about costs?

  • As an exclusively online logbook loans direct lender we can keep our own costs low, this means that we can charge a lower APR% amount compared to most lenders, and have shown to be consistently below the average for the industry.
  • We do not charge for overpayments or even early settlement.
  • It is our promise that you will receive a 10% reduction on your repayments if you swap to us from another logbook loan provider.

What happens next?

After you contact us, we will:

  • Call you back within 15 minutes to talk through your application (inside office hours).
  • Arrange and complete our vehicle inspection via WhatsApp.
  • E-sign your loan documents without visiting your home.
  • Allow early settlement and charge no fees for overpayment.
  • Pay you the agreed loan with 1 hour of the document being signed.

Our lending scope

We offer equity loans ranging from £500 - £100,000, and by using an inclusive online process we can pay out funds on the very same day.

Easy to enquire

Applying with us is easy too, customers can go to our website anytime and enter their car registration for an instant decision.

Or if you prefer to hear a human voice, please call 0300 577 5000, and our experienced team is on hand to answer any questions you may have.

We are also available at and will reply promptly.

The small print in big print

We pride ourselves on being an ethical and accountability driven provider, and these core values of responsibility and personal attention remain the key cornerstones of why we go to work.

To this end, it is extremely important to us that before entering into any loan agreement that you know the pitfalls and challenges so that you can properly and securely safeguard yourself against uncertainties.

Our lending criteria rules

We cover all kinds of vehicles in various states of condition, and providing the vehicle is under 10 years old and does not have any current outstanding finance, then a loan can be released against it.

We would advise that for loans on Classic Cars, Vintage Models, or prestige Super Cars to visit out sister company, who specialise in the Luxury Asset equity release market.

For the protection of all of our clients, we must ask that you only apply if you are the registered owner of the vehicle and that you are able to meet the repayment structure (including any interest) arranged.

Settling your loan

At you can settle your loan early, or make overpayments penalty-free. This will save you money on interest repayments.

Fairer and Better Rates of Interest

We calculate interest using the ‘Flat Rate’ model, also known as Fixed Rate, this model is both fairer and cheaper, as opposed to the ‘Front-Loaded’ interest model used by many other logbook lenders.

Fixed Rate Interest Model

A ‘fixed’ rate is a percentage of interest calculated from the original borrowed amount.

With this model, the cost of interest is always the same across each month and each year of the repayment period.

Advantages of the fixed rate model

  • It is easy to monitor and track
  • It requires no difficult calculations to combine the original loan and the required interest into one payment, as long as the repayments are made as arranged, the loan will be paid off evenly.

This is regarded in the industry as the fairer way to calculate and to pay off interest on an outstanding balance.

The Front Loaded Interest Model

The Front Loading of interest is an extremely common interest rate model and widely used in many finance based industries, including Logbook Loans, Online Logbook Loans, Personal Loans, Car Finance, Mortgages, and the list goes on.

It is generally the preferred lending method as it generates more interest for the company.

With this model your repayments are first directed towards paying off the overall interest rather than paying the loan, as this initially does little to pay off the ‘principal’ or original loan, overall repayments will be higher.

Towards the end of the loan term is when this switches and the principal loan is covered as a larger portion of the monthly loan repayment.

We encourage you to settle early is strongly committed to fair and just principles, as part of this we allow early settlement on all our loan agreements without fear of charge or penalty, allowing you the peace of mind of a paid bill.

If you do choose to settle early, you will only pay interest forthe duration of the loan, and this includes the 28 day notice period. All interest will cease immediately once the loan is repaid and you will NOT be liable for further interest.

Many of our competitors do things differently, with front loaded packages, high interest rates, and a minimum 3 month term being just a few of the potential downsides.

Some will also impose fees and penalties for early settlement or overpayments to cover off their lost ballpark interest.

Here at we want our business to be entirely visible and accessible at all times, and key to this transparency is the ability to know where you stand at any given moment.

At any time where you aren't sure please feel free to request an updated settlement figure and if you do want to take advantage of our early repayment terms simply contact our accounts desk.

Our overpayment terms

We want our customers to remain in control of their finances and as an integral part of this we allow an unlimited amount of overpayments against the loan, reducing your interest quickly.

We will then re-calculate the outstanding loan figure and a new repayment structure will be in place by the next repayment date.

Please call our experienced collections team to arrange an overpayment by bank transfer. At the same time the team will advise you of your new monthly payment and adjust your Continuous Payment Authority (CPA), and it's amount.

CPA is simply the banking term for your permission to continue taking a specified amount from your bank account.

The risks

With any type of loan there are risks, when it comes to Vehicle Equity Release these risks are:

  • Potential loss of vehicle
  • Serious financial issues if repayments are continuously defaulted

So be sure of your decision

Getting a loan for something you really want can be exciting and can lead to quick decisions, but we strongly urge you to consider things carefully first, to correctly weigh your finances, and to be sure of your projected financing before entering into any loan agreement.

One way to do this is assessing your monthly expenditure against incoming funds, and making sure that you are able to comfortably repay.

If you should run into difficulties

Sometimes despite our best intentions, life can throw a curveball at us and render all our financial planning redundant.

Should such an event create difficulties while loaning with us, as an ethical loan provider we strive to do our level best to be compassionate and to arrange workable, fair and realistic terms to get you back on track.

For some very useful money management tips, please go to for financial advice and information. news in brief

So far in this article we have sought to establish who we are, but this is nothing without a happy client base to back it up.

Below is a list of some of our latest completed loans so please have a read through to see what our customers have to say:

Property Developer Takes £25K Logbook Loan Against His Bentley To Fund Buy To Let Deposit were engaged by an experienced 'Buy to Let' property investor keen to expand his property portfolio. He used us to manage a Logbook Loan for £25,000 on his Bentley Continental GT worth over £50,000.

The client said of his experience:

"The guys always provide great service; they are very nice people to do business with. The Process was easy to follow, from sending documentation, video inspection, and payment of the loan. All done efficiently and effectively. I received the funds straight away!"

Shropshire Based Entrepreneur Takes A £9K Logbook Loan To Fund Exciting New Business Opportunity were recently contacted by an entrepreneur who needed a £9,000 same day logbook loan against his Range Rover Vogue worth over £20,000.

The customer noted:

“I wanted to take advantage of an opportunity that required a large amount of money to fund that I wanted to take out of the equity in one of my vehicles. I found online, and I have to say that I was well advised, the process was incredibly slick, and they completed the video inspection via what’s app within minutes and then even paid out the loan 1 hour later.”

He added: “I only wanted to borrow from a direct Logbook Loan lender and not one of those 3rd party brokers. But what really appealed was the ability to settle the Logbook Loan quickly in a couple of months penalty free”.

Online Drinks Retailer Owner Uses Logbook Loan As An Alternative To Invoice Factoring are delighted to support a sole trader with an online drink’s retailer. They sourced our business for an online Logbook Loan on their Range Rover for £9K as a quicker, cheaper, and more flexible alternative to Invoice Factoring.

They remarked:

“As a result of a number of outstanding customer invoices, our cash flow was beginning to suffer, and we needed a short-term cash injection to support the operational running costs of the business. I have used invoice factoring previously and it can take time to set up and is expensive over a short term. I looked for an alternative and found logbook loans, which meant I could use my Range Rover for security against a short-term loan”.

He added: “I made an online application to and received a call back within 5 minutes. There was no small print, they explained the loan thoroughly. We completed a video inspection of my car, and it was very easy to provide the documentation online. Really impressive.”

Family Takes A Short-Term Logbook Loan For A Dream Family Holiday To Florida were asked to complete a same day logbook loan application for a family looking for short term equity release on their BMW X5 to fund their dream summer holiday.

The client was overjoyed, stating:

“Due to Covid, we hadn’t been on holiday for over 3 years and the opportunity came up for a dream holiday in Florida. I had taken out a logbook loan before, so I knew I could take out a loan against my car until my work bonus was paid in a few months.”

He added: “I found online, they were a digital lender which meant everything could be completed online, the same day, without the need for a home visit.” He finished “I only need the loan for 2-3 months maximum and would allow me to settle my loan early without a penalty – brilliant! I am very pleased with the service I got from Loan on your car. The standard of client service was faultless and professional.”

Homeowner Takes A Short-Term Logbook Loan To Fund Urgent Household Repairs just completed a same day Logbook Loan on a Toyota RAV4 for a homeowner to help cover an unexpected household expense.

They said:

“We had a sudden and very unexpected expensive household repair and I needed to find some urgent cash, so I decided to take a Logbook Loan from after reviewing their customer reviews on Trustpilot - they were very good.”

He added: “What you see is exactly what you get, they completed the loan online including a video inspection of my car and released the cash to my account the same day.”

Horse Livery Stable Owner Takes Logbook Loan On His Horse Transporter To Fund Business Expansion is delighted to support the business expansion of local Equestrian Centre and Livery Stables by providing a Logbook Loan against a Horse Transporter.

“Post covid our business levels at the Equestrian Centre have increased dramatically; we need to raise extra funds quickly to help with our expansion plans. I found on Bing when searching for Logbook Loans on commercial vehicles.”

He continued: “From the initial phone call, I received fantastic and helpful service, from all of the team. They are very professional and explained everything in detail to make sure I understood my obligation, a pleasure doing business with these guys.”

This is just some of our more recent loans, Should you wish to read more examples, please see this link:

Or alternatively check us out on Trustpilot here:

Using your car to get a loan with are specialists in Vehicle Equity Release, a cost effective online logbook loan method that allows you to stay in control.

We pride ourselves on an exceptionally fast processing system and will use utmost discretion at all times.

We are a family run UK business and proud to be privately and independently owned, allowing a more customer focussed and ‘individual case’ approach.

Our team is diligent, driven and understanding, and we strive always to fit our solutions to our customer’s needs.

We are fully FCA authorised and are currently the ‘UK’s No1 Trusted Logbook Loan Lender’ on Trustpilot.

Please note: All logbook loans are subject to the completion of an affordability assessment and credit check, and to submission and review of your latest 3 months bank statements.

Our Requirements

Here at we cater to many classes of cars and other vehicles, our only requirements are that you own the vehicle, and it is under 10 years old at the time of signing.

Once verified, the process is quick, easy and can be entirely done from home.

So, please contact us at or contact us directly on 0333 577 5000 for further information.

Representative Example:

If you borrow £1,000 over 36 months at a flat rate of 84% per annum [fixed] with a Representative 204.2% APR you will make 36 monthly payments of £97.98, making a total amount repayable of £3,660.00 including £30.00 document fee and £20.00 Option To Purchase fee. The total charge for credit is £2.660.00. Loan repayment length from 18 to 60 months. The maximum APR is 232.1%.

Your loan is secured against the vehicle and missing payments could put the car at risk of repossession.

Warning: Late repayment can cause you serious money problems. For help go to