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Hello readers! Your Logbook Loan guru here, delivering weekly guides and news. Join me to transform your car into cash and rev up your journey to financial freedom!
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If you borrow £1,000 over 36 months at a flat rate of 84% per annum (fixed) with a Representative 207.3% APR, you will make 36 monthly repayments of £97.78. The total amount repayable will be £3,585.08, including a £40.00 document fee and a £25.00 Option to Purchase fee. The total charge for credit is £2,585.08. Logbook loan repayment terms are available from 18 to 60 months. The maximum APR is 389.1%.
During the term of the loan, legal ownership of the vehicle passes to J2P Autos Limited, while the borrower remains the registered keeper.
You have 15 days to withdraw from signing a new agreement, with interest payable for the days the loan is outstanding. Complaints can be sent to customerservice@loanonyourcar.co.uk.
⚠️YOUR LOAN IS SECURED AGAINST YOUR VEHICLE. MISSING PAYMENTS COULD PUT YOUR CAR AT RISK OF REPOSSESSION. A DEFAULT MAY ALSO NEGATIVELY AFFECT YOUR CREDIT RATING.
