Logbook loans in Derby, from Allestree to Alvaston.
From Mickleover and Littleover to Chaddesden and Spondon, borrow £1,000 to £50,000 against a vehicle you own and keep it on the road while you repay.
A UK direct lender you can rely on
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Established 200915+ years lending
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Thousands of driversTrusted us with their car
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Rated Excellent 4.9 / 5 from 246 Trustpilot reviews (opens in a new tab)
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UK based teamReal people, real phone line
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FCA authorisedFirm reference 680947
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ICO registeredYour data protected
Driving in Derby
The A38, the A52 and the Derwent.
Derby is a working city on the River Derwent, and the A38 carries a steady stream of traffic through it from north to south. The A52 heads east towards Nottingham and the M1, while the A50 runs out to Stoke-on-Trent. From Allestree, Mickleover or Alvaston, a lot of people drive to a shift across town.
Others commute out to Belper, Ilkeston or Burton upon Trent, or head for the Peak District at the weekend. Public transport does not reach every industrial estate or village, so your own vehicle often matters. If yours is owned outright, you can borrow against it and keep using it.
How it works in Derby
Apply online, then talk to a person.
Start with your registration and an approximate mileage. Your quote uses a soft search that does not affect your credit score, so you can see where you stand before going further. If you carry on, you apply online at any time, with no branch to visit.
An underwriter usually calls within 2 working hours to go through your application. If the loan is agreed, a signing agent visits, usually within 3 working hours, to witness the Bill of Sale. The loan is usually complete within 24 working hours, with the money sent by bank transfer.
What you can borrow against
Your car, van or motorbike, if it is yours outright.
Cars, vans and motorbikes can all be considered. The vehicle needs to be yours, free of finance, insured and taxed. Cars under 15 years old are more likely to be accepted, and many Derby drivers find an everyday car or a van used for work is exactly what fits.
The amount depends on your vehicle's value and what you can comfortably afford, not on whether you live in Normanton or Spondon. You can borrow from £1,000 up to £50,000. Poor credit is considered, subject to affordability, and you carry on driving throughout.
If you fall behind
Tell us as early as you can. We will work with you on a payment arrangement or a reduced repayment plan. Repossession is only ever a last resort.
Your car may be repossessed if you do not keep up repayments on a loan secured against it.
Questions from Derby drivers
How quickly could I get the money?
Apply online at any time. An underwriter usually calls within 2 working hours, and the whole process is usually complete within 24 working hours. The money comes by bank transfer.
Will getting a quote affect my credit score?
No. Your quote uses a soft search, which does not affect your credit score. We only look more closely once you decide to go ahead.
Do you lend to people in Belper, Ilkeston and south Derbyshire?
Yes. You apply online and speak to us by phone, so it does not matter whether you live in Derby or a village nearby. A signing agent visits you to witness the Bill of Sale.
Do I need to know my exact mileage to get a quote?
No. We ask for your registration and an approximate mileage, so a rough figure from your dashboard is fine. The quote is a soft search, which does not affect your credit score.
Borrowing responsibly. We only lend when the repayments are affordable for you. Our service is not advised. If money is a worry, you can get free, impartial help from MoneyHelper (opens in a new tab), StepChange (opens in a new tab) or Citizens Advice (opens in a new tab).
Across the UK
We lend wherever you live.
Everything happens online and by phone, so you can apply from anywhere in the UK. See how it works elsewhere in the East Midlands:
Guides
Plain-English guides to logbook loans, credit and money.
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No Credit History or Bad Credit? Understanding the Difference
Two applicants, two refusals, two very different reasons. We explain how a thin credit file differs from a poor one and what helps in each case.
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Topping Up a Logbook Loan: Eligibility, Process and Risks
Topping up an existing logbook loan is sometimes possible. Learn the eligibility rules, how V5 Solutions assesses a request and the risks to consider.
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Five Times Your V5C Logbook Really Matters
From buying and selling to moving house and borrowing, here are five moments when an accurate V5C logbook makes a real difference to vehicle owners.
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Which Types of Loan Fit Which Situations? A UK Borrowing Guide
See how common borrowing needs map to the main kinds of credit. We explain UK loan types, from personal and secured loans to credit unions and BNPL, by everyday need.
Read guide -
How Loan to Value Shapes the Size of Your Logbook Loan
Your vehicle's value and your budget together set how much you can borrow. Learn how lenders use loan to value and how it affects your logbook loan.
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How Modern Logbook Loans Work: A Worked Example
Follow one example borrower through a V5 Solutions logbook loan, from the soft-search quote and signing to repayments, settling early and the end.
Read guide