Get a logbook loan quote online anytime, day or night, for your complete convenience.
Bad credit doesn’t have to be a barrier – we look at your current, individual circumstances.
Regulated by the FCA and with accurate affordability assessments, we’re the team to trust.
You can apply for a logbook loan online in just 5 minutes for an almost immediate decision.
Complete a 5 minute application
Arrange to meet and sign agreement
Receive funds in your bank account the same day
A logbook loan is also sometimes known as a V5 loan – it offers a great, lower rate alternative to payday lending, unlocking the cash value of your car by using it as security for your agreement.
You can secure a loan against pretty much any type of vehicle, including vans, motorbikes and even prestige or vintage cars! Based on your vehicle’s age, condition and mileage, you can borrow anything from £500 to its full value – and your loan value and repayments are assessed according to what you can realistically afford to pay back each month.
Rather than having to sell your car for cash, logbook loans allow you to release its worth and keep on driving – and you can get an instant, online quote or start the fast application process right away!
Because we’re an ethical and regulated lender, we have a responsibility to ensure you only borrow what you can afford to pay back.
If we’re unable to give you an instant decision, you may be asked to send us some recent bank statements so we can assess your suitability for the loan. You can provide these documents via our new, faster way to complete the process...
Our completely secure electronic system gives you the option to use your online banking details to deliver your statements directly to us – nobody can see your private information and you’ll get your decision within 30 minutes. This is the quickest way to complete your application, but if this isn’t possible, we can also accept screenshots of your statements if required.
While there are other logbook loan lenders around, at Auto Advance we realise that everybody’s circumstances are different and can change at any time.
We don’t automatically reject applications because of previous bad credit. We take a more personal approach, and we’re always here if you need any help.
Throughout the process, we’ll keep you fully up-to-date with your application via text, email or phone – just let us know what works for you!
Exceptional customer service and fair lending are our top priorities at all times, so our unique rate structure adjusts according to the amount you borrow in comparison to your car’s value – so the less of the value you borrow, the lower your repayment rate will be.
This means that we can give you a great logbook loan deal and excellent terms. In fact, we offer some of the best logbook loan rates around!
Once you agree to the terms offered, we’ll transfer your money to in a matter of hours. As soon as you’ve finished making your repayments, we’ll give you your logbook straight back to you.
Whatever your reason for needing to borrow, V5 loans are a great way to utilise an asset as security, while still getting to use it... but please remember that you could lose your vehicle if you fail to meet the agreed terms.
Get a better rate on an existing loan
Apply for more cash after 3 months
You could qualify for a high value loan