Log Book Loans (Title Loans) and Autobuybacks

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Answers to your Questions

Frequent questions are asked so we display them below for your benefit. If you have questions that's not below, please contact us.

How much money can I raise?

The amount is based on the trade value of your vehicle (taking into account the age, model, mileage and condition) Not on the Credit History of the borrower. THERE ARE NO CREDIT CHECKS!

How quickly will I get my money?

Normally this will be at the same time as having your car appraised and completing all documentation, but may be next day for an Autobuyback

Do I get to drive my car during the term?

Yes for a Title Loan - but for an Autobuyback we keep the vehicle in a safe & secure storage.

Can I use the money for any purpose?

Yes!

Do I have to be currently employed?

As responsible lenders we need to ensure that you are able to afford your commitments.

What about Hire Purchase & Insurance?

We cannot proceed with any vehicle that has outstanding Hire Purchase remaining, and it must be fully comprehensively insured (not 3rd party).

Do I have to make Regular Repayments?

Yes with a Title loan - these will be spread over 50 weeks.

No with an Autobuyback. You determine how long you will use the money and when you will pay it back.

The maximum period of time that you may use the money without paying fees is 2 months, after which you may:

  1. Repurchase the vehicle by repaying the monies plus option charges & storage fees or ...

  2. Pay only the charges & storage by renewing the option to repurchase for a further 2 months.