Is a Car Cash Point Loan Against My Car Expensive?

Juggling your finances from month to month, or even week to week, can sometimes be a struggle. When you take out a logbook loan with Car Cash Point, a loan against your car doesn’t need to be expensive. In fact, it can be an inexpensive way to get the best of both worlds.

Turned down for credit

When you find yourself struggling to save enough for a family holiday or funding an unexpected expense, you might start looking for a way to ease your financial difficulties. A personal loan could be an ideal option for you, but only if your credit score is viewed as good enough.

One of the biggest problems many people have when applying for a loan, is that their credit rating is low or bad. This might be because you’ve had money troubles in the past or are currently facing issues that could affect your score. It could even be because of your address – thanks to a previous tenant or a current housemate with bad credit unknowingly tarring you with the same brush.

An easier alternative

If that’s the case, then getting a personal loan to help add to that holiday fund could be much harder. Most lenders will not give you the benefit of the doubt and will see you as a risk. Even if they do accept your loan application, they could push up their rates, making it much more expensive for you to pay back the loan.

At Car Cash Point, we’re able to offer you an easier alternative. We never undertake formal credit checks, so whatever your credit history, taking a logbook loan out against your car with us can be a cost effective way to manage your finances.

Never beaten on price

As a responsible lender authorised and regulated by the Financial Conduct Authority, Car Cash Point has the lowest rate of interest of any UK logbook loan lender. We also make sure there are absolutely no hidden fees either, so you know exactly what you’ll be paying and when you’ll be paying it.

Our expert team of advisors will go through every aspect of your loan, making sure you’re clear on all the details. We can also create a flexible repayment schedule unique to you which means you can choose weekly, fortnightly, four-weekly or monthly payments. Your payments needn’t be expensive and will suit you and your finances.

If you’re still not sure that Car Cash Point might be the right logbook loan for you, we’re the only UK lender who gives you a price guarantee. That means if you do find a lender with a cheaper price, we guarantee to beat it by 10%. So, we’re never beaten on price!

Get in touch today

There’s a whole host of other benefits to choosing a logbook loan with Car Cash Point, so why not call 0333 220 4419 and speak with one of our loan specialists today? Or visit https://www.carcashpoint.co.uk/to apply online and discover why a logbook loan against your car doesn’t need to be expensive.

Comments are closed.