Top Logbook Loan Is Offering a New Alternative to Payday Loans for Those with Bad Credit
The payday loans controversy rolls on as many still campaign against these predatory lending services and claim they should be banned or shut down, with the UK government already imposing restrictions on the way these companies can do business. As a result, those with bad credit are looking elsewhere to find loans, and many are turning to logbook loans as a solution. The process works by temporarily passing ownership of the individual’s car to the lender, then buying it back in instalments to the value of the loan plus interest. TopLogbookLoan offers free quotes on logbook loans as well as an explanation of the intricacies of log book loans.