Logbook loan -my best decision ever
I would like to share my experience with the logloan.co.uk for having logbook loan. I believe that most of the people in UK are aware from this service. When you need money desperately and can’t wait for the long and lengthy approvals from the bank then you become stressful and panic as well. There are certain limitations from the bank for issuing the loan to those who have a bad credit history. With the log loan you can get the money quickly as possible but the value of the money depends on the worth of your car.
While working in the construction industry; you face ups and downs and same happened with me. I am working as an Engineer in the construction industry and when recession hit back the economy we suffered as well. I faced a lot of issues because of that and it put me in vicious cycle of the loan and huge interest rates. At this point of time logbook loan was the one to help me out. My case was bit odd; I didn’t receive the two months salary and didn’t even have saving. For one month we survived but for the next month we were collapsed. I didn’t have a single penny and my home rent along with the credit card and all the bills were due. I was much worried and then I started checking the internet for the various options. I read about many banks and contacted them but they were giving reasonable interest rate only if the salary account has stability but last 6 months were very bad against my finances. I read about logloan.co.uk and then I decided to contact them to get the necessary information.
Rather than relying on the customer service information I checked the reviews about logloan.co.uk. I verified the processes and tried to get the feedback from the existing customers as well. The feedback was very encouraging and positive; every customer was satisfied and happy. I didn’t give a second thought about banks and requested the team of logbook loan to expedite my case. They visited me next day and according to the worth of my vehicle they informed me about the loan. I was happy as the loan was enough to meet my expenses for next 2-3 months until my pending dues were to be released. I signed the bill of sale against my vehicle log book and everything was sorted smoothly. I got the money and paid to the lenders, in order to avoid any issues. I have paid the 10 months payment very smoothly and never came across any excess charges; however even 1 day late payment they informed me to pay on time, in order to avoid the car repossession.
I am happy that all my issues were sorted out in nice and smooth manner. It is only a matter for 12 months; yet it saves you from the big problems and surcharges. logloan.co.uk is indeed big support to needy community.