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Mobile Money Review - What Is A Logbook Loan And Is Mobile Money A Reputable Lender?
Mobile Money are one UK logbook loan provider and they have some of the best terms available. The typical APR for their clients is 385.2% (typical here means that two thirds of their customers have this APR or lower). In comparison, this is lower than all of their competitors. While this rate is low, it's even smaller when compared with the typical rates for payday loans - APRs with those types of loans can be more than 5 times as high. So getting a logbook loan can be a money saver for people who might have otherwise considered a payday loan. Logbook loans are also easier to get, as almost all logbook loan lenders require no credit checks at all. That's right, people with bad debt, a bad credit record, but also those who do not have full-time employment and thus are not eligible for a payday loan, are still eligible for a logbook loan. Even self-employed and bankrupt people are accepted. Mobile Money also stands out as having one of the fastest approval decisions - you could get your cash in less than 15 minutes. Usually when you apply online, they will arrange to meet with you to double-check the valuation of your car and get some details, and you get the cash right there and then. The loan amounts with Mobile Money can range from anywhere between £100 to £25,000. The car must not be older than 8 years. They only do business in England and Wales, thus customers in Scotland and Northern Ireland are not serviced. Article Directory: http://www.articledashboard.com To read more than just this Mobile Money Review, visit www.logbookloans.uk.com to compare and review all logbook loan lenders and get the best deal possible on your next logbook loan. |
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