Gissacar

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Gissacar is one of the few logbook loan companies that have representative APRs below 300%. There is no processing or administrative fees, processing is fast and you can borrow up to 8,000 pounds. The car needs to be not a day older than 9 years old when you go apply but if depending on the current condition and value of your car, which is over 9 years old, they may reconsider. You can choose to pay weekly or monthly with a maximum term of 78 weeks. You can apply online or via SMS. A proof of income is required to be approved but like any other logbook loans, there are no credit checks necessary. If you don’t intend to borrow much, since the maximum amount is only 8,000 pounds, Gissacar is a great choice because of the low interest rate. 

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