London, UK -- (ReleaseWire) -- 03/13/2014 -- JustLogbookLoan, a website that provides consumers with logbook loans against their cars, is pleased to announce that all quotes requests are now instantly processed online and qualified individuals can now receive their funds within 24 hours of submitting their application request. “We are very excited about the streamlined approval process we have here at JustLogbookLoan, and we are currently getting our consumers their loans in less than 24 hours! Our online application is very simple and takes less than 30 seconds to get started. There is also no obligation to receive a quote, so individuals that are considering a logbook loan can see if it fits their needs before even committing to the loan,” stated Toby Collier of JustLogbookLoan.
Logbook loans are becoming very popular because of their very loose lending requirements. They are not based on the individuals credit score, but rather their vehicle equity. “When approving a logbook loan we are not concerned with the borrowers personal credit score like a traditional bank would be. We require that our borrowers own their car free and clear of any liens, and we also require they are employed and have the ability to pay back the loan. Proof of income and proof of employment is what we use to process the logbook loan application. As long as the borrower satisfies these two requirements they can continue to drive their car and receive their money within 24 hours,” continued Mr. Collier. Interested consumers can either use the application form located on the company’s website or call in to process their application over the phone.
There are several benefits of utilizing a logbook loan for emergency situations and instances when traditional bank financing isn’t an option. Personal credit isn’t considered and there is no credit check when applying. The approval process is fast when using JustLogbookLoan, with funding taking place in under 24 hours. “Consumers are under no obligation to move forward with the loan once they receive their quote. Our customers like the fact that they can keep their vehicle and they also like our easy to manage weekly repayment schedule. There are no early repayment penalties or hidden charges, which sets us apart form the other lenders,” concluded JustLogbookLoan’s Toby Collier.
JustLogbookLoan is a website that provides United Kingdom consumers with competitive logbook loan quotes. Receiving a fast and competitive quote is simple for individuals that own their vehicles free and clear. Using JustLogbookLoan to secure a short term loan results in keeping your car and receiving the funds within 24 hours. When individuals need emergency cash they can turn to JustLogbookLoan, regardless of their personal credit situation. For more information or to apply please visit http://www.justlogbookloanuk.co.uk/.