Cheapest Logbook Loans in the UK at just 99.9% APR!

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Why Choose Us?

  • Lowest rate lender
  • Same day payout
  • We are a direct lender
  • We can travel to you

Compare Logbook Loans

Based on £1,000 over 12 months* Representative APR% Monthly Repayment Total Cost Savings
with us
Logbook Loans 99.9% £118.88 £1 426.62
Varooma 190.3% £141.67 £1 700.00 £273.38
Carcashpoint 230.7% £163.33 £1 960.00 £533.38
Loans 2 Go 450.5% £193.33 £2 320.00 £893.38

Logbook Calculator log book loans are typically cheaper than the loans offered by their major competitors based on the representative APRS quoted. Analysis of the interest being offered on each company's website on 29th of September 2016 showed that it would be possible for a customer to make the following saving by taking out a loan with Logbook Calculator.
Logbook Calculator, along with the other four major companies within the Logbook lending market as of 29th September 2016.

Logbook Calculator offer loans on cars, vans and motorcycles from £500 to £25,000. These loans are secured using a Bill of sale on the V5 logbook of your vehicle and thus are a type of secured loan. Because this is a type of secured loan it generally means you may be able to obtain a logbook loan with a less than perfect credit history.

Our logbook loans are totally transparent as we only make our money on the interest we charge and not through fees or hidden exit charges. With a current representative APR of 99.9% we are currently the UK’s cheapest logbook loan lender.

We pride ourselves on providing a flexible logbook loan with:

  • no hidden fees
  • the ability to settle early with no penalty
  • the ability to make overpayments and pay less interest
  • the choice of a weekly or monthly payment schedule to suit your circumstances

Get more information about us.

Why a Logbook Loan?

Logbook Loans in the UK offer a fast and straightforward way of borrowing money, particularly when you might be unable to to obtain unsecured credit. Car owners can generally secure as much as 75% of the value of their vehicle. Get more information on how logbook loans work.

Is a Logbook Loan right for you?

Many of our applications come from people with less than perfect credit ratings. If you have a poor credit score and are unable to obtain finance from lenders with a lower interest rate, then a Logbook Loan could be a fast and effective option available to you. As you'll see from our comparison table, LogbookCalculator can offer you a loan against your car at a potentially fairer rate than our competitors.

At this time we’re able to offer loans from £500 to £25,000 to customers in the UK. Your car should be free or almost free of finance and should have valid MOT, tax and insurance.


It’s important that when taking out credit you’re able to afford the repayments comfortably and we assess this during your application. If you intend to take out a loan on your car to fund repayments of past loans or credit then we suggest it may be worthwhile to investigate other options that might be available to you, such as debt resolution or consolidation.

Logbook Loan Rates

Our rates fair well in comparison to other logbook loan companies and our loans appear at the top of many comparison websites and forums relating to lending and credit because of the level of service we provide.

Our representative APR is 99.9% (fixed). If you borrow £1,000 over 18 months at an interest rate of 71.30% per annum (fixed) you will make 18 monthly payments of £91.95 with a total amount payable of £1,655.10 which would result in considerable savings when compared to some of our competitors in the logbook loans market.


When securing a loan through you will never encounter set up fees or penalties. Some other logbook loan providers are known to ask for these types of fees and penalties but you can be assured that do not charge any hidden fees.

Application Process provide logbook loans online via our simple application form or over the phone by calling: 0800 987 1500

Process of application

It’s important that we have all of your personal information and information relating to your vehicle before we confirm your loan.

Applying Online

If you choose to apply online for a logbook loan in the UK then you’ll usually receive a call instantly from a member of our team. We will simply gather more information on you, your vehicle and your personal circumstances to make sure you can afford to pay back the loan comfortably. As a responsible lender, LBC has a duty to make sure that borrowers are able to repay the loan within the agreed timeframe and at the agreed rate of repayment.

Applying over the phone

Our offices are open Monday to Saturday. You can call us to speak to one of our expert logbook loan advisers who won't take more than a few minutes to go over the details of your loan application. Once your loan is accepted we can process the cash on the same day.

Seeing your car

Logbook Calculator are able to provide loans throughout England, Wales and Northern Ireland, and also through our panel in Scotland. Before we release your money we need to come to your home or place of work to inspect your vehicle and complete the paperwork. One of our loans agents can come to you and complete your loan application in person. Our agents are professional, friendly and inviting. You won’t wait long as a member of our team does a quick check of your vehicle and approves your loan then and there.

Loan Repayment

Repaying your loan with is simple. You can choose to make your payments monthly or weekly via bank transfer or continuous payment authority. Remember, keeping up with your payments is crucial as your car could be repossessed if you’re not able to repay the loan. If you do find yourself unable to keep up with payments it’s important to contact us as soon as you can.

Financial situation

As a responsible lender, it’s our duty to do due diligence and assure the applicant is in a financial position to repay the loan. However, since the loan is backed by your car this type of loan doesn't necessarily require you to have a good credit history. This is good news for those with an emergency finance need who are unable to borrow money elsewhere. We will, of course, have to make sure you have sufficient income to cover the terms of the loan.

If you wish to borrow money from us your car must be free of finance and you must be aged 18 or above.

Bill of Sale

A Bill of Sale is what gives us security on the vehicle. This means that:

Until you have repaid your loan we technically own your vehicle. However, the great thing about a bill of sale is you can still keep driving it. Once you have paid off your loan the ownership goes back to you. So as long as you maintain payments you can carry on as normal.

The Bill of Sale will be registered with the High Court in London and the register is open to public inspection.

If you default on the payment of your loan, or other terms of the loan agreement, we will have the right to serve a default notice to you under the Consumer Credit Act 1974. If you do not make good the default, within the time stated in the notice, we will be entitled to take possession of your vehicle and sell it. You should note that we do not need a court order to repossess your vehicle,

Unlike in the case of hire purchase and conditional sale agreements you are not protected from repossession of the vehicle where one-third or more of the total amount payable has been repaid.

If your vehicle is repossessed and sold for an amount of money that is insufficient to pay off the money you owe us you will still have to pay the shortfall. The sale of the vehicle does not put an end to the loan.


Failure to keep up payments may result in your car being repossessed.

Your Car

At this time we offer logbook loans on cars, vans and motorbikes.

It’s possible to secure a logbook loan on a business vehicle.

Evaluation of your car

Your car will be inspected before proceeding with the loan. We have to make sure you’re car is in good working order and that all of the logbook documents and paperwork are in your own name. Only the car owner will be able to release funds from the vehicle.

Business Loans

You can apply for a logbook loan through us using your business vehicle as collateral.

How much can I borrow?

Just as with our other customers, we lend to business’ on the same basis. Our loans range from £500 to £25,000 depending on the value of the vehicle. Generally, we can lend on up to 75% of the vehicles value and so a car worth £2,000 (for example) could qualify for a loan of £1,500.

Late repayment can cause you serious money problems. Your vehicle may be repossessed if you do not keep up repayments on your loan.
Loan contract from 12 months minimum term.