Please note that you may make a claim directly to your lender and/or the Financial Ombudsman Service without using the services of our firm or incurring any fees.

Logbook Loans Claim
WE’RE HERE TO HELP YOU

Logbook Loans Claim

Mis-sold logbook loans from Lenders
CLICK HERE TO MAKE A CLAIM

*Please note that you may make a claim directly to your Lender and/or the Financial Ombudsman Service without using the services of our firm and without incurring any fees.

WE’RE HERE TO HELP YOU

Logbook Loans
Claim

Mis-sold Logbook Loans from various Lenders

*Please note that you can make a claim directly to your Lender and/or the Financial Ombudsman Service without using the services of our firm and without incurring a fee.

WE’RE HERE TO HELP YOU

Logbook Loans Claim

Mis-sold logbook loans from Lenders

Please note that you may make a claim directly to your Lender and/or the Financial Ombudsman Service without using the services of our firm and without incurring any fees.

What are Logbook Loans?

Navigating the Complexities of Log Book Loan Claims


Introduction
Log book loans, a type of secured loan where borrowers use their vehicle as collateral, have become increasingly popular. However, they often come with high risks and interest rates, leading to potential financial distress for borrowers. This article delves into the intricacies of log book loan claims, providing essential guidance for those seeking redress.


Understanding Log Book Loans
A log book loan allows borrowers to secure a loan against their vehicle. While this can offer quick access to funds, it's crucial to understand the legal implications. Borrowers should be aware of their rights, especially concerning the possession of their vehicle during the loan period.


Reasons for Claims Against Log Book Loans
Claims often arise due to unfair lending practices, such as not adequately assessing the borrower's ability to repay, charging exorbitant interest rates, or misrepresenting terms. Borrowers may seek claims to rectify these issues.


The Claim Process
Initiating a claim involves gathering all relevant loan documentation and seeking legal advice. It's vital to understand the process and potential outcomes, including the possibility of recovering funds or adjusting loan terms.


Case Studies and Success Stories
By examining real-life cases, borrowers can learn from others' experiences. These stories often highlight the importance of understanding loan terms and seeking early legal advice.


Preventing Future Issues
Before considering a log book loan, it's wise to explore alternatives and thoroughly understand the terms and conditions. Seeking financial advice can also prevent future complications.


Conclusion
Log book loan claims can be a complex process, but understanding your rights and seeking professional help can lead to successful outcomes. Remember, it's always better to be informed and cautious when dealing with financial matters.

CLICK HERE TO MAKE A CLAIM

How to know when a Logbook Loan has been mis-sold to you

  • You weren’t told the right information about how the loan works when it was sold to them.
  • The lender loan didn’t check thoroughly to see if they could afford to pay the loan back
  • The lender unfairly added fees and charges to the loan
  • You are having difficulties paying back the loan and the lender isn’t helping
  • Your car has been taken away by the lender
  • You had personal possessions in the car before it was taken away by the lender and have been unable to get them back.

How to know when you have been mis-sold a Logbook Loan:

  • You were given incomplete information regarding how the loan works before it was sold to you.
  • The lender failed to conduct a thorough check to ensure that you can afford to pay the loan back.
  • The lender added extra/hidden charges to the loan.
  • You are experiencing difficulties in paying back the loan while the lender is not offering any assistance to you.
  • Your car was taken away by the lender without adhering to the terms of your agreement.
  • You had personal possessions in the vehicle before it was taken away by the lender and you have been unable to get them back.


A calculator is sitting on top of a pile of papers

Were you mis-sold a logbook loan with LOGBOOK BEST LOANS, THE CARLOAN CENTRE, AUTOADVANCE LOGBOOK LOANS, CAR CASHPOINT, EASY LOGBOOK LOANS, VAROOMA, LOGBOOK MONEY, V5 SOLUTIONS, MOBILE MONEY LTD or any other logbook loans company?

Our Fees

• INGRAM TOFT will take 25% + VAT* (at the prevailing rate) of the amount that you receive, whether this is paid to you or off your agreement.
• No win, no fee basis. If we do not recover you anything, you do not have to pay us!

Secured

Your privacy is guaranteed.
a1

Convenient

We customise our services according to your needs.

Reliable

Expert solicitors will guide you every step of the way.

No win, No Fee

If we do not recover anything for you, you don't have to pay us!
Share by: