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Mini – One – Cooper – Cooper D – Cooper S – First – Quotes
Mini Hatch logbook loans
Use your new or nearly new Mini Hatch as security for a short term finance. You actually use your logbook as security for this type of finance. It is termed logbook loans and it can be a highly competitive way of getting short term funding when you have been refused elsewhere. LOGBOOK LOANS SHOULD ONLY BE USED AS A SHORT TERM SOLUTION. IF THE ADVANCE RUNS OVER THREE MONTHS, IT CEASES TO BE COMPETITIVE.
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That said, if you think you could pay back the loan within 25 to 55 days, then this could be the type of finance you are looking for. However, please be advised that your Mini is at risk of repossession if you fail to clear the amount borrowed.
The logbook loan value is worked out on the actual trade value of your Mini. You could pay as little as 10% interest over 30 days, so if you borrow £3000.00, you pay back £300.00 – It is that simple. To see if you are able to qualify for log book loan, please read the below criteria to see if you are eligible for a quick log book loan through one of our providers.
Logbook loans
To qualify for logbook loans, you need to satisfy the below criteria:
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You must own the vehicle
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You must be named on the V5 document
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You must be over 18
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You must not have any outstanding finance on the car
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You must not have any other loans secured against the Mini
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You must be able to pay the amount in full, the sooner the better for you.
If you think you fit the bill, and have been refused elsewhere for credit or loans, then feel free to apply online OR phone the free number 0800 9871 200 for logbook loans. The cash advance could be waiting in a branch near to you ready to pick up within 15 minutes.
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