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Unlock the money in your car with Noctorum Logbook Loan V5 Lending
If you're looking for a convenient way to free up some much needed money then a logbook loan may be the perfect option. If you've been declined a loan elsewhere then our service could well be the answer to your financial needs. What's more, you could have the money agreed and delivered the same day.
Every single day people just like you enquire about logbook loans through our website.
Why not use our online Noctorum logbook loan enquiry form to find out how much you could borrow against the value of your car. It only takes a minute of your time to enquire, and you're under no obligation to proceed with the loan. Just complete the form you can see above.
Fill in our online logbook loans form with a few details. it only takes a minute.
A lender will then process your application and approve your loan if appropriate.
You can receive your money on the same day, and your agreed repayment plan starts.
Logbook Loans Noctorum could be an option for applicants that have been refused elsewhere.
Logbook loans have become the loan of choice for those looking for a straightforward, convenient loan without any of the hassles of conventional loans. If you have a CCJ or are in arrears then you could still be eligible. If you are the legal owner of your car, and it is clear of finance (or very nearly clear) then enquire online today!
Almost anyone can release money from their car with Noctorum logbook loans, so enquire today!
Borrow anything from £400 - £50,000
Drive your car throughout the loan period
Money On the Same Day
CCJs, Poor Credit Considered Subject to Eligibility & Affordability
These are just a few advantages of Noctorum logbook loans.
Find out more by enquiring online.
Our logbook loans service covers all Noctorum regions including the ones you can see below, and it's easy to get started. To get your free Noctorum logbook loan decision, enquire online using our simple form, or call the V5 Lenders team on our freephone number. We look forward to hearing from you.
Is your car over 8 years old? If so, don't worry - you could still get a loan.
Some people find that getting approved for Noctorum logbook loans with an older car can be tough. In fact, most companies won’t even look at an application once they know your car is over 8 years old. The lenders we refer you to recognise the value of older vehicles, so you may still qualify for the loan you want.
How much you’ll be able to borrow really depends on the overall value of your car – after all, a 10-year-old Ferrari is going to be worth more than a 10-year-old Vauxhall! The condition of the car will also be taken into account, and so will your ability to pay back a loan. If you’re not sure how much you’ll be able to borrow, why not enquire anyway and find out?
If you've got a bad credit history, you could still get the money you need with a Logbook Loan!
No credit checks is, unfortunately, a myth. After all, Logbook Loan companies are financial institutions, and they have a moral responsibility to ensure that they only lend to those with the means of repaying the loan. What is true though is the fact that those with poor credit ratings could get a Logbook Loan much more easily than a normal loan, as their car is security against making any payments.
Our lending partners experience within the Noctorum Logbook Loans industry means that they can often help those with poor credit ratings to find the loan they need. All you need to do is enquire online right now, and a Logbook lender and get back to you with a decision on just how much you can borrow against your car's value.
Loans can come in all sizes, ranging from small amounts through to very large amounts. The amount you can borrow depends on how much your car is worth. Below you’ll find a handy table showing you the available amounts for different car values…
|VALUE OF CAR||50% LOAN AMOUNT||80% LOAN AMOUNT|
The size of loan you decide to take out against your car really is up to you though. It can be anything up to 80% of the current value. Of course, you may find other companies charging different fees and interest rates.
Self-employed Noctorum residents often find getting a loan tough, but this isn't always the case!
Those of you that are self-employed know that getting a loan is hard, thanks to fluctuating earnings and the reluctance of financial institutions to lend to those without a guaranteed income. This is where logbook loans can help. Because they are being taken out against a piece of property you own, the lending company doesn’t have to worry so much about you having the necessary means to repay, meaning that they’re often happy to lend.
Whether you’ll be accepted for a V5 Loan really depends on a number of different factors, however a self-employed person can have as much chance as an employed person of borrowing money. To find out if you're eligible for a loan against your V5 document, why not fill in our short form right now?
If you run a small business or are a sole-trader then you could still qualify for a loan!
It's often assumed that getting a V5 loan only applies only to individuals and that they are only classed as a personal loan, however there are circumstances in which Noctorum businesses can take out a loan against one of its vehicles. In fact they can be a great way to release some working capital or to maintain business cashflow without resorting to applying for traditional loans.
If the name of the loan applicant matches the name on the vehicle's v5 document then a loan application could be successful. There is also the possibility of lending to a company if the name of the business matches the name on the logbook. In both instances it's always best to enquire online to see the options available to you.
Own a prestigious, classic or vintage car? You can still borrow against it.
If you're the proud owner of a prestigious, classic or luxury car then you can still qualify for a loan. We cater for all high-end vehicles, including Rolls-Royce, Bentley, Ferrari, Porsche, Maserati, Lotus and Mercedes. Each loan will be tailored to your own unique circumstances and reflective of the value of your vehicle in the current climate. If your classic car is desirable then you may be eligible for a loan.
Applying for a prestigious car logbook loan is the same as any other application, simply select your car from the form on this page or click 'other' if you can't find it. Your enquiry will be handled professionally and discreetly and you will be informed of the decision promptly.
Our online enquiry form only takes a minute to complete. Why not find out how to get a hassle-free loan with a free service?
You probably have many questions about applying for Noctorum logbook loans, from what they are exactly to who exactly can apply for them. So, to help, we’ve drawn up this list of FAQs for you to take a look through…
Logbook Loans are loans that are secured against the V5 document (or logbook) of your vehicle. The person borrowing the money essentially transfers the ownership of their car to the lending company as security for the loan, and the ownership is then handed back once the loan has been paid off. The borrower can still use their car while making repayments though.
Logbook Loans are a great idea for Noctorum residents not able to get a more traditional loan, such as those who don’t own a property or don’t have a high level of income. They are good for those needing a short, sharp injection of cash, and our service will allow you to find just how much you can borrow subject to affordability and eligibility.
V5 Logbook Loans are one of the most popular types of loans around for those with bad credit scores (subject to affordability and eligibility), as the fact that the applicant has a car proves provides security for the loan. So, if you’ve been refused a loan elsewhere due to a poor credit history, it doesn’t mean you’ll be refused a Logbook Loan.
Yes absolutely! It's not possible for us to list all makes and models of car on our enquiry form, so simply choose 'other' when selecting your vehicle. Loans are granted based upon the value of the car not the age, so if you're lucky enough to own a vintage or classic car, or even a prestigious vehicle then there's a good chance that you could borrow money against the current value.
Yes there certainly are, however responsible lending means you have to be able to prove that you can make the repayments on the loan. It is possible to get a loan because, unlike many other forms of borrowing, V5 Lenders focus more on the value of the car. So, as long as you have a car and it's clear or nearly clear of finance, you have a good chance of being accepted.
The loan repayment period for your Noctorum Logbook Loan depends on your own personal requirements. It can be 12, 18 or 36 months in duration. Unlike many other loans however, there are no early payment penalties, so the earlier you pay off your loan the less interest you will pay overall.
Yes, Logbook Loans do show up on HPI checks, but only if they are still outstanding. Logbook Loans that are fully paid off will not show up on an HPI check should you want to sell your vehicle in the future. In fact, if for some reason an outstanding V5 loan doesn't show up on a HPI check then the HPI guarantee will reimburse you up to £30,000.
Assuming you meet the criteria for both applications then you should be able to take out 2 loans against your cars. You'll need to be the registered keeper of both cars and be able to prove that you can make the repayments on both loans. It's likely the lender will treat these as 2 separate loans, however get in touch today to discuss your requirements further.
Not always. Ideally your car should be completely finance-free however in certain situations you may still qualify for a loan depending on the amount of finance left on the vehicle. The easiest way to find out is to simply enquire online for an immediate decision.