Logbook Loans are an excellent alternative to Wedding Loans
20.07.2022 by Jack H
LoanOnYourCar.co.uk, the UK’s leading logbook loan specialist, just completed a £25,000 short term logbook loan against our client's Bentley Continental GT to provide the finishing touches to a family wedding.
The client made a direct approach to LoanOnYourCar.co.uk, as we specialise in Logbook Loans, after finding us on Google while searching for wedding loan alternatives. The client said, “My daughter is getting married very soon, I was recently presented with the final bill, and I urgently needed to raise some short-term cash to cover this bill, until my other funds become available." I found LoanOnYourCar.co.uk when looking for an alternative to wedding loans and decided that a Logbook Loan was a perfect option as I could do a vehicle equity release against my Bentley Continental GT, as I only needed the loan for a 2 -3 months maximum. He added: “Yes, the rate is a little higher than the bank, but service was excellent, they explained everything in detail, especially the ability for me to settle the loan early without any penalties. They told me what was needed, and it was sorted within the hour – A great company and solution for anybody that needs cash quickly. The wedding is now fully paid for!”
LoanOnYourCar.co.uk is a digital lender and operates throughout the UK. Our client never needed to travel as our Logbook Loans are agreed and completed from the comfort of their family home. On receipt of our client’s application, we completed a real time valuation of the Bentley Continental GT and within seconds a decision in principle was emailed to the client. This was followed up within 15 minutes with a detailed phone call with one of our experienced loan consultants. LoanOnYourCar.co.uk then completed a WhatsApp video appraisal of the Bentley Continental GT and subsequently issued the loan paperwork. The client e-signed the loan documents and submitted the required supporting documentation via email and the funds were released to the client’s bank account within the hour.
Paul Hilburn, director at LoanOnYourCar.co.uk said: “The cost of a wedding can sometimes overshadow the big day. Many couples use a wedding loan to cover costs and spread the repayments over a number of months.” He added “Whether the big day is planned to be a speculator event or an intimate ceremony A Logbook Loan is an excellent alternative to a traditional Wedding Loan; our flexible monthly repayment options allow our clients to spread the cost over a set period with the ability to settle the loan 100% penalty free. We want to give the Bride and Groom the peace of mind that everything will be covered on their special wedding day.” He finished: “We were delighted to be able to help our client release the funds for their special day from the Bentley Continental CT within a matter of hours.”
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LoanonYourCar.co.uk is family-run and privately owned and serves a broad range of clients throughout the United Kingdom. We are a direct FCA authorised Logbook Loan Lender. We provide proven and preferable Logbook Loans for people looking to raise cash from their vehicles including classic, vintage, supercars and prestige cars. Loans range from £500 - £150K. We are currently the ‘UK’s No1 Trusted Logbook Loan Lender’ on Trustpilot, with 5 Stars customer reviews.
Please note: A Logbook Loan will be subject to the borrower completing an affordability assessment, credit check and review of the latest 3 months bank statements.
