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Car Cash Point: Logbook Loan reviews

Name: Logbook Loan
Rating: 4.76 (289 reviews)

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4.70

Based on 289 reviews, last reviewed 15th May 2023

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

89%

3 star

Latest highest rating:

5

Great company and great service Very helpful staff and great service. Would recommend to anyone. Reviewed on: 10th March 2020

Latest lowest rating:

1

Avoid!! Not sure how they are managing to get all the positive reviews but I assure you that they are the worst loan company I have ever dealt with! Use at yo... Read more Reviewed on: 15th May 2023

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About this product

Looking for Car Cash Point logbook loan reviews? We collect comments and reviews from users like you on Smart Money People, so that you can make better decisions when choosing your next logbook loan. So if you've got a poor credit rating, or are just looking for a new car, and need finance, be sure to read our reviews first. Or if you want to help our community, post a review of your own experiences with Car Cash Point and join the Smart Money People community!

Car Cash Point Logbook Loan reviews (289)

Review of the Car Cash Point, Logbook Loan:

Be warned

These opinions are based on what happened to me and I think I am certainly not the first, or the last, to suffer at the hands of these people. I hope this helps you. - Why do they have such good reviews? because they pay customers £10 to write them. I received such an offer and declined. But it is amazing what some people will do for a tenner. - At the last minute, having agreed the amount they are willing to loan to you on your car, they ask you to prepay three months re-payments out of the funds before they send them, thereby effectively reducing the loan amount. I suggest you say 'no thanks' and walk away. They will probably drop the requirement. - When you come to settle your loan (which you need to do asap) you will realise that you have not been given any instructions as to how to do this. There is nothing, anywhere. In the paperwork, or on the website. If you email every email address you can find, including that of your 'account manager' you will probably not get a reply. It is not in their interest to settle a loan, given the extortionate level of interest that is accruing. - When you finally do attract their attention, you will probably find that another payment date has passed and more interest has accrued. You can try arguing that you have been trying to settle this for x weeks but they won't budge. Plus all the time you are arguing, the interest is still running. - When you finally do get a settlement figure, ask for a full statement showing how the interest is calculated. If you were foolish enough to agree to x months payments being taken in advance before they sent you the money (see my earlier point), you will find that you have still been charged interest on the full amount. Totally wrong, but they won't budge. Don't forget, while you argue this, the interest is still running. - After all of this, you will be left totally deflated and feeling like you wished you had never ever come across Car Cash Point. But its not over. While it only took them a day to acquire your log book and register a HPI on your car, it will take them up to a week (or possibly more) to return your log book and cancel the HPI, during which time your car is unsalable. Good Luck! Reviewed on: 14th February 2018

Excellent service

This is the 2nd time I have had a loan with this company and they are very reliable Reviewed on: 19th May 2017

Amazing

Very prompt no hassle , amazing communication, and payout was very quick and simple :)we no know we're to come if ever we needed a hand :) x thanks Reviewed on: 19th May 2017

Exalant Experience, all in day or within hours.

I had an exalant Experience everyone is helpful. My consultant Mr Harrison was a wonderful man a true geltman. I recommend you to all my friends. Thank you for helping me get out of my pickle Reviewed on: 19th May 2017

Can't say a bad thing about this company been great with me

Boss service and fast action really good Reviewed on: 19th May 2017

quick n reasonable

compare to marketplace its economical & flexible Reviewed on: 19th May 2017

Great

Very good and friendly and helpful Reviewed on: 19th May 2017

Great Service

Great Service / Money in my account straight away after I had signed the paperwork / Staff also helpfull and freindly Reviewed on: 19th May 2017

Fast efficient service

Agent came out quickly, very friendly service, money within my account within an hour. Would highly recommend to all Reviewed on: 19th May 2017

very quick but expensive

I'm very happy with their service however it is quite expensive but still the cheapest in this market Reviewed on: 19th May 2017

Very quick service. Just what was needed

Would reccomend this company . Everything explained fully. Staff in office very helpful. Agent who visited me was polite and helpful. Had the money in my bank account within an hour of him leaving. Reviewed on: 19th May 2017

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