WHY LOGBOOK LOANS
Money runs the world today. Everyone utterly needs money on a daily basis to be able to satisfy their needs as well as those of their families. With the harsh economic times, the money one earns is not always sufficient to keep aside savings for big emergencies. This drives many to apply for loans to get the extra money they need when some cases arise.
On many occasions, emergencies crop up. These usually bring in need for finances. However, it is not always that you will have some money in store to take care of the emergency situation. Emergencies range from medical needs to leaking pipes, a damaged roof, or a car breakdown. These usually come about unannounced and if you did not have sufficient savings to take care of the issue, you may become weighed down by the situation. However, if you have a car, you can take up a logbook loan to remedy the situation.
Logbook loans from Potteric Carr Loans come with various advantages making it a viable option for emergencies. These include:
- Low interest rates
- Flexible loan amounts
- Flexible repayment period
- Fast and easy application process
- Ability to retain the car after taking the loan
These advantages make the loan an inviting offer for those who need a loan.
The most impressive aspect about logbook loans is that it can be offered for all sorts of people. Individuals who have a poor credit history often have problems accessing a loan. Banks and other lenders often shy from giving such people loans since they are afraid of the risks associated with lending to individuals with a bad credit history. Potteric Carr Loans offers logbook loans to individuals with a poor credit history, even extending it to those with a CJJ or bankrupt. These can be offered a loan on the basis that they have a source of income which is able to settle the repayment amounts outlined in the loan agreement.