TheCarLoanCenter Review

review of carloancenter

Company Name: The Asset Exchange

Trading name of: The Car Loan Centre

Lender Type: logbook loan lender

Registration Number: ZA020916

Credit Licence Number: 660799 (Regulated by the FCA)

Representative APR: 167.61%

Minimum Logbook Loan Amount: £1,000

Maximum Logbook Loan Amount: £50,000

Logbook Loan Term: 12 to 36 months

Representative Example: Borrow £1500 for 24 months. The Representative APR is 167.61%, so if you borrow £1,500 over 24 months at a rate of 80%, you will repay £147.81 per month (£3,547.53 in total)

Hidden Fees: No

Promo Code: No

Contact: 03303 800 400 -

Requirements to Apply: You must be at least 18 years old, own a car that is 10 years old or newer, not currently bankrupt, be an English or Scottish citizen with a permanent employment and a UK bank account associated to a valid debit card.

If you are looking to borrow between £1,000 and £50,000 using your vehicle then you'll not find a better place to start than TheCarLoanCentre. They are proud to be one of the nation's cheapest logbook lenders at just 167.61% - combine that with top-notch customer service and they have the perfect solution right in front of you.

They aim to make the process simple, quick and easy for you with a short straight forward application form. They don't credit score, and you can have the money in your bank within 24 hours. They also accept all circumstances CCJ’s, Defaults, Benefits and Arrears.

You will only be charged additional fees if you do not repay your loan on time - but this is similar with all lenders.

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