Logbook loans in South Shields, from the seafront to Jarrow.
Live in South Shields? Borrow £1,000 to £50,000 against a car, van or motorbike you own, apply online, and keep using it for work and home while you repay.
A UK direct lender you can rely on
-
Established 200915+ years lending
-
Thousands of driversTrusted us with their car
-
Rated Excellent 4.9 / 5 from 246 Trustpilot reviews (opens in a new tab)
-
UK based teamReal people, real phone line
-
FCA authorisedFirm reference 680947
-
ICO registeredYour data protected
Driving in South Shields
Where the Tyne meets the sea.
South Shields sits at the mouth of the Tyne, with the beach, the ferry to North Shields and the cliffs at Marsden just down the coast. Jarrow, Hebburn and Boldon are close by, and many people commute to Newcastle, Gateshead or Sunderland.
The A194, the A19 and the Tyne Tunnel keep traffic moving, but they also mean a vehicle is often the quickest way to get anywhere. Yours is worth more than the commute, because it can secure a loan.
How it works in South Shields
Apply online. We come to you.
You do not need to travel anywhere. Apply online at any time, then expect a call from an underwriter, usually within 2 working hours. They will go through your application and answer your questions.
If you go ahead, a signing agent visits to witness the Bill of Sale, usually within 3 working hours of approval, and photographs you with your vehicle. The loan is usually complete within 24 working hours.
What you can borrow against
Free of finance, insured and taxed.
We lend against cars, vans and motorbikes. The vehicle must be yours, free of finance, and insured and taxed. Cars under 15 years old are more likely to be accepted.
You keep the vehicle and carry on driving it. The amount, from £1,000 to £50,000, depends on its value and what you can comfortably afford, subject to affordability. Poor credit is considered.
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 South Shields 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.
Can I apply from Jarrow, Hebburn or Boldon?
Yes. We lend across South Tyneside and the rest of the UK. You apply online and speak to us by phone, wherever you live.
Can I pay the loan off early?
Yes. You can settle early at any time and receive a rebate on interest. Ask us for a settlement figure when you are ready and we will tell you what you need to pay.
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 North East:
Guides
Plain-English guides to logbook loans, credit and money.
-
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.
Read guide -
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.
Read guide -
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.
Read guide -
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.
Read guide -
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