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Category Archives: log books

Log Book Loans

Carry out security data checks We welcome the news that Financial Conduct Authority is taking a closer look at the issue of Logbook loans. Operating under the Dickensian laws of "Bill of Sale", these loans often don't show up on the usual finance checks, and the "lender" doesn't need a court order to repossess the vehicle, they can effectively turn up with a recovery company and seize the vehicle. Citizens Advice recently expressed concerns that up to 60,000 logbook loans could be Read More...