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Top 5 Smart Uses of a Logbook Loan During the Cost-of-Living Crisis
12.11.2025 by Paul H
5 Smart Ways to Use a Logbook Loan Responsibly in the Cost-of-Living Crisis
Learn the top 5 responsible uses of logbook loans from LoanOnYourCar.co.uk during the UK cost-of-living crisis. FCA-regulated guidance on affordability and fair value.
Managing Money Responsibly
Rising costs have left many UK households under pressure. Alogbook loan can offer short-term support — but only when used responsibly, with full understanding of costs and risks.
1. Consolidating High-Interest Debt
Merging multiple expensive debts into one logbook loan can simplify budgeting, but you must ensure the total cost of credit is lower overall.
2. Covering Unexpected Expenses
When facing emergencies such as boiler repairs or vehicle breakdowns, short-term lending may help bridge temporary gaps. Repay quickly to avoid added interest.
3. Improving Home Energy Efficiency
Funding insulation or energy-saving upgrades can reduce long-term bills. Borrow only if the savings justify the cost.
4. Supporting Small-Business Cash Flow
Self-employed borrowers sometimes use secured lending to purchase stock or equipment. Careful repayment planning is essential.
5. Handling Family Emergencies
Emergency costs can be unavoidable. Always check affordability before applying and consider free debt advice first.
Responsible Borrowing Under FCA Rules
LoanOnYourCar.co.uk complies with FCA CONC 5.2A (Affordability) and the Consumer Duty, meaning:
- We only lend when a loan is affordable and suitable.
- Customers receive clear pre-contract information.
- We never encourage over-borrowing.
- Early support is available if repayment becomes difficult.
Borrow £1,000 over 36 months at 84% p.a. (fixed) = Representative APR 207.3%.
36 payments of £97.78. Total repayable £3,585.08 (incl. fees).
⚠️ Your loan is secured on your vehicle. Missing payments may lead to repossession.
To apply for a Logbook Loan from LoanOnYourCar please visit www.loanonyourcar.co.uk or call 0333 577 5000 to speak to one of our expert loan consultants.
