Worcestershire, UK -- (SBWIRE) -- 10/13/2011 -- The recession has hit many people extremely hard. From having hours cut at work to losing their jobs completely, millions of people who once were financially secure are now facing the grim reality of having trouble paying their bills.
Being short on cash day after day can be extremely stressful and can lead to physical health problems. It can also be hard on relationships and cause emotional duress.
Fortunately, a website has helped thousands of people in the UK who are currently struggling on lending money during the recession by working with them to help obtain what is called a logbook loan.
Logbook Lenders offers logbook loans, which is a type of loan against the value of the client’s car. It is an easy and stress-free type of loan to apply for, and works by releasing the money that is tied up in a vehicle. The only caveat is that the car must be currently free of any other finances and registered in the customer’s name.
As the website explained, Logbook Lenders strives to pay out each client’s loan in less than one hour. Anywhere from £200 - £25,000 is typically paid out, six days a week. For cash-strapped people who might be wondering how they will buy groceries that day to feed their family, or purchase new winter clothing for their children, the incredibly fast payout from car logbook loans can be a huge relief.
“You will be given a range of repayment options up to 36 months and we will work with you to make sure the repayments are the right amount to suit your needs,” it explained on the website, adding that Logbook Lenders are accredited members of the Consumer Credit Trade Association.
“Our locally based staff are here to help you – not just at the beginning but all the way through. We do not employ salesmen to get you to sign on the dotted line – we employ local people who will look after you and answer all your questions right up to when you have fully repaid your loan.”
Using the website is easy; interested clients simply fill out a quick application including some basic data like name, address, and information on the car, or ask for an immediate call-back by providing a name and phone number. Once a loan has been approved, customers travel to one of the company’s many convenient logbook loans UK branches to finish the loan process and drive away with their money.
For more information about Logbook Lenders, please visit http://www.logbooklenders.co.uk