Logbook loans in Sheffield, from Crookes to Darnall.
Borrow £1,000 to £50,000 against a car, van or motorbike you own. Apply online from anywhere in Sheffield and keep driving your vehicle 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 Sheffield
Hills, valleys and a lot of miles.
Sheffield is built over seven hills, with the Peak District starting at its western edge. Getting around means climbing and descending, and public transport does not reach every corner. The Parkway links the city to the M1, and the A61 and A57 lead out towards Barnsley, Chesterfield and the Pennines.
From Stocksbridge to Mosborough, a car or van does real work here: the commute, the school run, a trade, a weekend in the Peak District. If you own yours outright, you can borrow against its value and keep it on the road.
How it works in Sheffield
From application to money in your account.
Apply online whenever suits you. An underwriter usually calls within 2 working hours to talk through your application, and once we agree your application a signing agent usually visits within 3 working hours to witness the Bill of Sale. You will be photographed with your vehicle.
Then the money comes to you by bank transfer. The whole process is usually complete within 24 working hours. We are a direct lender, not a broker, and we only lend when the repayments are affordable for you, so affordability is the first thing we check.
What you can borrow against
Your vehicle, not your postcode.
Cars, vans and motorbikes can all qualify, as long as the vehicle is yours, free of finance, insured and taxed. Cars under 15 years old are more likely to be accepted, which is worth knowing if you are weighing up an older vehicle.
The amount you can borrow, from £1,000 up to £50,000, depends on the value of the vehicle and what you can afford. Living in S6 or S2 makes no difference to the figure, and checking your quote is a soft search that does not touch your credit score.
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 Sheffield 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 in Rotherham, Barnsley and the rest of South Yorkshire?
Yes. We lend across the whole of South Yorkshire and the rest of the UK. You apply online, we talk to you by phone, and a signing agent comes to you to witness the Bill of Sale.
Can I apply if I have poor credit?
Poor credit is considered, subject to affordability. We look at your income and outgoings as well as your credit history, and we only lend when the repayments are affordable for you.
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 Yorkshire and the Humber:
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.
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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