V5 Solutions Logbook Loans from your local Cash Converters!

V5Solutions.co.uk

Unlock the cash in your car with V5 Solutions

We are delighted to announce that you can apply for a V5 Solutions logbook loan through your local Cash Converters store in East Anglia. We have teamed up with the following stores to provide our service: Cash Converters Norwich, Cash Converters Ipswich, Cash Converters Felixstowe, Cash Converters Bury St. Edmunds, Cash Converters Kings Lynn, Cash Converters Cambridge and Cash Converters Huntingdon.

These well known and trusted stores have been successfully recommending V5 Solutions logbook loans for over 14 years to thousands of their satisfied customers.

To apply for a V5 Solutions logbook loan at your local Cash Converter store simply pop in-store and the friendly staff will process the application for you. Alternatively you can apply online and we will meet you at your most convenient store within an hour to complete the loan and issue your your loan payment. All the stores have excellent facilities and parking is readily available.

To apply for a logbook loan through your local Cash Converter store simply pop into your local store.

Did you know that you could borrow cash quickly against your car?

V5 Solutions are specialists in secured loans on cars, also called logbook loans or V5 loans. We are based in the fine city of Norwich but cover the whole of the UK. We offer loans from £300 and up to £10,000 or more depending on your vehicle and requirements.

Family car suitable for a logbook loan

Family car suitable for a logbook loan

We offer logbook loans to people from all walks of life and with over 14 years experience you can be assured of the utmost privacy and customer care. We are responsible lenders and members of the Consumer Credit Trade Association too.

To find out how much you could borrow against your vehicle simply visit www.v5solutions.co.uk and put in your vehicle registration details. After a couple of minutes you’ll have a V5 Solutions logbook loan offer and we can arrange to see you to complete the paperwork and payout the loan within an hour!

Apply online or pop in and see us at our office on St. Benedicts Street, Norwich.

V5 Solutions Quick Logbook loans – A potential lifesaver

The longest recession in Britain since records began in 1955 may be coming to an end, but the period of depression is likely to continue for some time. As a result, many people find that they have difficulty in making their wage or salary stretch from one payday to the next, particularly if they run into unexpected expenses, such as home repairs, vets bills and so forth. Selling valuables on an online auction site or pawning them in the High Street may be a way of raising money in an emergency, but a simpler way may be to take out a quick logbookloan from V5 Solutions.

Quick Logbook loans involve borrowing money against a vehicle that you own, but some of the differences between quick Logbook loans and a loan from, say, a traditional bank or building society include the time taken to arrange the loan and for the funds to be paid in to your bank account. Loans from banks or building societies tend to be for larger amounts, perhaps £10,000 or more and (regardless as to whether they are secured on property or not) often take a lot longer to arrange. Not only that, but even when a loan is arranged, unless you are prepared to pay for a courier service or a BACS transfer, there is often a further delay while you wait for a cheque to arrive and to clear.

The Merits of Logbook loans

Logbook loans are fast -Thankfully, V5 Solutions have noticed the shortcomings of traditional borrowing and we have developed same day logbook loans from £300 to £10,000 to cater for clients who need cash for urgent bills or expenses. Essentially, the whole process of applying for fast Logbook loans and receiving your money can be carried out electronically or by cheque. Logbook loans are typically available within 24 hours but we can often complete your loan application within 2 hours.

Applying for logbook loans is easy – Applying for a logbook loan with V5 Solutions is quick and easy. Our sophisticated logbook loan calculator systems will provide you with a no obligation loan quote in less than 2 minutes. Just enter your car details to get started.

Logbook loans and bad credit – At V5 Solutions we understand that you might not have a perfect credit history and we base our lending on your current ability to repay your loan in an affordable and sustainable manner.

Repaying fast logbook loans

As far as repayment is concerned, you are required to specify the date of the week or month on which your logbook loan is to be repaid. The first repayment date for fast logbook loans will usually be within 7 days from the date you sign your credit agreement then every 7 days thereafter for up to 18 months. We provide quick Logbook loans over 18 months to allow manageable repayments. Our quick Logbook loans can also be repaid early at any time saving you additional interest charges.

If you fail to repay the total amount borrowed with V5 Solutions within the agreed time, you are likely to face some additional charges and a higher amount of interest to pay in total. Quick logbook loans are specifically designed to be short-term borrowing, so if you need to borrow money for a longer period , say 5 years, then more longer term loans may be more suitable than quick Logbook loans.

Apply for your quick logbook loan from V5 solutions now and see how much you can borrow today.

Remember to see our Representative Example at the bottom of the page.

Quick Logbook loans Online – How to Get Fast Cash

We have all been there, money is tight, plans are not working out and your creditors are breathing down your neck. Sound familiar? Most of us experience a mini financial crisis in the middle of the month which can be a cause for a lot of inconvenience.

Most people turn to family and friends to borrow money. The problem with turning to your family and friend is that it can be a frightening proposition, in case you end up facing further problems and not being able to pay the money back. Quick logbook loans were created just for this purpose – you are able to get the fast cash loans in a confidential manner.

Quick logbook loans are short term loans which can take care of your immediate quick cash needs. Although quick and convenient, there are often higher interest rates involved with this kind of loan. Also be aware that although fast logbook loans can be a very helpful tool, not repaying the loan can result in your vehicle being recovered as well as affecting your credit record, making it more difficult to obtain credit in the future.

Quick logbook loans, if used responsibly, can provide a short term safety network. The money can be transferred, usually within 1-2 hours, to your bank account. To qualify for a quick logbook loan from V5 Solutions you just have to meet our simple criteria: You must be UK resident, be at least 18 years old and have a steady income and own a vehicle against which the loan is secured.

To apply for a quick logbook loan from V5 Solutions simply enter your Vehicle Registration details in the form to see how much you can borrow. It only takes a minute to complete! We’ll call your right back afterwards and arrange to finalise your loan and issue your payment.

Remember to see your Representative Example at the bottom of the page

What are Logbook Loans?

what are logbook loansLogbok loans are being discussed everywhere you look at the moment. Logbok loans refer to small loans, usually between £300 and £10,000, for a short amount of time ranging from a few days to a few weeks or up to 18 months.

Logbook loans used to be much more difficult to obtain before the rise in popularity and accessibility of the internet. Logbook loans used to be offered almost exclusively in high street shops such as Cash Converters, The Money Shop and Cash Generators. Logbook loans are also known as v5 loans and involve using your vehicle as security to borrow between £300 and £5000, affordably, quickly and easily.

Logbok loans have become much more accessible because internet banking and online payments allow for much more control over finances. Instead of being working day-to-working day, you can now control your finances hour-to-hour. This means that you can apply for a logbook loan with www.V5Solutions.co.uk and once accepted you can have the loan transferred into your account within an hour.

With V5 Solutions, you can apply for Logbook loans between £300 and £5000 in a matter of minutes. You just need to be at least eighteen years old, employed and resident in the UK and own a vehicle that is registered in your name and have a regular income. After you’ve filled in some simple details, you’ll receive an online decision in no time.

If you’re accepted, you’ll be under absolutely no obligations to accept the offer – it’s entirely up to you, and it’s free to apply as well!

Are Logbok Loans Right For You?

So how can Logbok loans help? It can allow you to make bill payments, cover small emergencies and you can apply for logbook loans with V5 Solutions.

Logbook loans usually cost more than traditional forms of credit like Banks and Building Societies and this is because of the speed, flexibility and convenience of logbook loans. V5 Solutions don’t credit score you either, so you are eligible for a logbook loan even if you don’t have a perfect credit history.

The internet has allowed many different loan products to become available to the borrower and every loan does not have to be for many years or for huge amounts. Our logbook loans start at just £300 and can be settled within a matter of days if you like. More and more people are making the choice each day to apply for a small amount of money they know they can afford to pay back in just a few weeks or months.

So, if you’re interested you can apply for logbook loans right here, it only takes 2 minutes!

Please see our Representative Example at the bottom of the page.

Logbook Loans In Nottingham

We are delighted to let you know that applying for a V5 Solutions logbook loan in Nottingham is now easier than ever! To apply for  a Nottingham logbook loan you can quickly and simply apply right here at www.V5Solutions.co.uk or pop into your local Cash Shop on Kings Walk at Parliament Street.

All you need to apply for a Nottingham logbook loan with V5 Solutions is:

  1. Be over 18 and own your vehicle outright (no outstanding finance);
  2. Have the V5 logbook (Registration Certificate), MOT and Insurance details;
  3. Have a regular income and evidence to support it (Bank statements and Payslips);
  4. Have Photo ID and proof of address.

You can unlock the cash in your car, van or motorcycle today in Sheffield with V5 Solutions. The loan will be paid out to you immediately after we sign the loan agreements and often just an hour or so of your application. Remember, with V5 Solutions you could borrow up to £5,000 today!
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Please see our Representative Example at the bottom of the page.

Logbook Loans In Leeds

We are delighted to let you know that applying for a V5 Solutions logbook loan in Leeds is now easier than ever! To apply for  a Leeds logbook loan you can quickly and simply apply right here at www.V5Solutions.co.uk or pop into your local Cash Shop on New Market Street.

All you need to apply for a Leeds logbook loan with V5 Solutions is:

  1. Be over 18 and own your vehicle outright (no outstanding finance);
  2. Have the V5 logbook (Registration Certificate), MOT and Insurance details;
  3. Have a regular income and evidence to support it (Bank statements and Payslips);
  4. Have Photo ID and proof of address.

You can unlock the cash in your car, van or motorcycle today in Leeds with V5 Solutions. The loan will be paid out to you immediately after we sign the loan agreements and often just an hour or so of your application. Remember, with V5 Solutions you could borrow up to £5,000 today!
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Please see our Represenative Example at the bottom of the page.

Logbook Loans – Car On Finance

At V5 Solutions we do our best to offer help and advice to our customers as best we can. We often have customers enquiring about various aspects of our logbook loan qualifying criteria and the question that comes up most is the one of existing finance on the car.

When you apply for  a V5 Solutions logbook loan you will complete your personal and vehicle details during the application process. As well as offering you an immediate, no obligation logbook loan offer we do ask whether your vehicle is free of finance. As part of our normal loan application processing we will check your vehicle for outstanding finance to ensure there are no other interested parties involved with your vehicle. This helps protect you and us.

If your vehicle has some outstanding finance we can often liaise with the finance company and settle the finance for you at the same time as taking out your V5 Solutions loan. In these instances you will receive the difference between the loan amont and the settlement paid to the finance company. This can all done seamlessly for you the same day you apply for the loan!

There are instances though when there is too much finance outstanding and we can’t offer you a V5 Solutions loan. This tends to occur if you have recently purchased your vehicle through your local Dealership or Garage on Finance. On these occasions you will have to settle the finance first before we can proceed with your V5 Solutions loan.

To apply for a V5 Solutions logbook loan simply apply right here for your no obligation loan offer. It only takes a few minutes to apply and you can have the money you need sooner than you might think.

Please remember to see our Representative Example at the bottom of the page.

Differences Between Logbook Loans And Payday Loans

The downturn in the economy over the past 5 years and many bank’s reluctance to lend to individuals has left many people unable to borrow from traditional sources as quickly and easily as they used to.

This has led many people to seek alternative lenders offering credit to people in the form of short-term loans. Over the last few years two of the most popular sources of short term finance have emerged, logbook loans and payday loans.

There are a few key differences between logbook loans and payday loans and the we will help highlight these.

Secured vs Unsecured

The main difference between logbook loans and payday loans is that one is secured and the other is not. Logbook loans from V5 Solutions utilise the security of the borrower’s vehicle (car, van or motorcycle) while payday loans are unsecured. This creates a distinct definition between who is eligible for either loan product and how much can be borrowed.

Credit Checks

As V5 Solutions logbook loans are secured against your vehicle we don’t carry out personal credit checks. As long as you meet our qualifying criteria you should be able to borrow £300 – £10,000 quickly and easily with us.

As payday loans are unsecured the lenders carry out extensive personal credit checks and if you have a low credit score, CCJ’s or arrears then you may not be accepted.

Amount Borrowed

A major difference between V5 Solutions logbook loans and payday loans is the amount that you can borrow. V5 Solutions offer same day logbook loans from £300 to £10,000 depending on your vehicle and personal circumstances. While Payday loans typically range between £50 and £300 they can be particularly useful if you only require a small amount to borrow over a short term.

Speed of Access

Payday loans offer same day loans, similar to V5 Solutions logbook loans, except that as the loan is unsecured the whole loan process can be completed online. This is very useful and convenient.

V5 Solutions provides same day logbook loans but we have to meet you in person to view your vehicle, sign our loan agreements and issue the loan payment to you. We can usually complete this all within a few hours of receiving your loan application!

Cost

While logbook loans and payday loans are typically more expensive than traditional Banks, they are far more convenient and flexible and if used correctly can be cost effective too.

A typical payday loan will cost £30 per £100 borrowed per moth. 30% interest per month. This means that if you borrow £100 for 1 month (or until your next payday) it will cost you £30 in interest and charges. In total you will repay £130. If you borrowed £500 it would cost £650 to repay in full.

As V5 Solutions logbook loans are secured on your vehicle we can charge you a lower monthly interest rate. If you borrowed £500 from V5 Solutions your final payment after 1 month would be £592. You would also be required to pay your 4 normal weekly instalments of £21.24.

If you have to extend your £500 payday loan for a further month you will incur an additional £150 in interest charges taking the total repayable to £800.

However, with V5 Solutions the total repayable after two months is only £749, including your normal weekly £21.24 instalments. This  makes a V5 Solutions logbook loan cheaper than a payday loan.

Loan Terms

Payday Loans are typically 1 month long compared to a V5 Solutions logbook loan which is 18 months long. In both cases you can settle your loan early and make large savings. With V5 Solutions you can settle your logbook loan at any time and pay less. To find out how much you could save by settling your loan early just call us on 01603615191.

 Loan Payout

Payday loans are typically deposited into your bank account. But what if you don’t have a bank account or you require the funds in your hand to pay for something urgently? This might not be the most convenient option for you.

Our logbook loan payments are more flexible and can be made either by cheque which you can deposit (or cash at various outlets in your town) into your account or we can pay directly into your bank by BACS or Faster Payment.

V5 Solutions provides convenient same day logbook loans throughout England. Use our logbook loan calculator for your free, no obligation, online logbook loan quote.

V5 Solutions are a committed responsible lender and we carry out comprehensive income and expenditure checks for each loan applicant before being approved. Please see our Representative Example at the bottom of the page.

Compare Logbook Loans

Compare logbook loansComparing logbook loans can be a difficult process especially if you have never had a logbook loan before and are unsure of the procedure. There are a few hurdles which we will explain to help you find the right logbook loan for you.

How Much Can You Borrow?

The main difficulty is finding out exactly how much you can borrow against your vehicle. This often means calling and speaking to various companies which can take a lot of time and might not be very efficient or suitable for you. At V5 Solutions you can find out exactly how much you can borrow very fast and at any time of the day or night. Our V5 Solutions logbook loan calculator will show you how much you could borrow on your vehicle in less than 2 minutes! Just enter your vehicle registration details here and in only 2 minutes you can have a loan offer!

How Much Will It Cost?

Once you know how much you can borrow you will want to know the details of the repayments. At V5 Solutions we’ll show you exactly how much your loan will cost. This gives you confidence in our transparency and lets you compare logbook loans much easier and faster. You can find examples of our logbook loan costs for various loan amounts right here. Remember, you can save money too by settling your loan early. Call us up and we can discuss the savings you can make with V5 Solutions logbook loans.

How Fast Can I Get The Loan?

V5 Solutions provides same day logbook loans in England and Wales. After submitting your V5 Solutions log book loan application our experienced team will call you right back to discuss all the details of the loan with you. We can usually arrange to meet you within just a few hours to complete your loan and issue your loan payment. This means that you could have the money you need sooner than you think.

 How Reliable Is The Logbook Loan Lender?

If it is your first logbook loan you might have some misgivings about the lender you choose to go with. With V5 Solutions you have the benefit of 12 years of experience and our commitment to responsible lending. As accredited members of the Consumer Credit Trade Association we abide by the CCTA Code of Practice for Logbook loan lenders and you can be assured we offer excellent customer care and satisfaction. To find out more about what this means you can read the Code right here.

How Will I Get The Loan Payment?

This is a common question we are asked all the time. The fantastic news is that we issue your V5 Solutions logbook loan payment immediately after we sign the loan agreements with you! We are very flexible and you have a few options on how you receive the loan funds.

  1. Most of our customers accept a cheque which they pay into their bank account. Some choose to cash their cheques, but remember there is a small fee you have to pay for this. We have excellent relationships with our Agents and they will offer you a discounted cheque cashing rate if you choose to cash it with them.
  2. We offer FREE BACS transfers to your Bank Account. These take up to 3 days to clear into you account and are ideal if you can wait a few days.
  3. We offer same day Faster Payments transfer into your Bank Account for a small fee of £10. This ensures the funds are in your account within an hour of completing your logbook loan agreement with us.
How Do I Make My Logbook Loan Repayments?

We offer 4 main ways for you to make your logbook loan repayments.

  1. Standing Order each week,
  2. Payment Book into NatWest Bank,
  3. Debit Card Online,
  4. Debit Card over the phone (each payment is subject to a 50p charge)

With the exception of over the phone payments all the others are Free and really easy to setup and use. We are proud to be the first logbook loan lender to accept online card payments which makes it incredibly convenient for you to make your V5 Solutions logbook loan repayments at any time of the day or night.

When you set out to compare logbook loans we make it very easy for you to find out all the main features you need to consider. To find out more simply contact us and we can talk you through anything specific we haven’t covered here.

Please remember to view our Representative Example at the bottom of the page.