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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

Quick and easy

It was extremely fast and easy to get a loan against my car and the repayments are not crippling like most car loan companies. I would recommend car cash point to all of my friends and family. Reviewed on: 16th May 2017

easy to do and great to deal with

I needed cash urgent I tried others but car cash was just what I needed Reviewed on: 16th May 2017

Fantastic

Deal with people face to face, very friendly and make clear of everything to you before hand! Reviewed on: 16th May 2017

i would not be where i am with out your help

bad cr edit history becauseof injury forced to stop work permantly your company were understanding of my situation , only ones to helpme get anice car and i have been loyal to you with payments for fifteen months now. thank you so much i have recomended you name to many friends Reviewed on: 16th May 2017

No hassle - simple application - instant payment!

I was thrilled with the information I got when I made an enquiry about a logbook loan. No fees on early payments. Keep your logbook too so the car remains your property! Reviewed on: 16th May 2017

Really great car log book loan company

Great experience, great staff, Very easy to work with, Reall professionals Thank you Car Cash Point ended Reviewed on: 16th May 2017

Quick service

Received the funds quickly. Great customer service, would recommend Reviewed on: 16th May 2017

Very good service

Carcash has helped me when I needed it. Would highly recommend to others Reviewed on: 16th May 2017

Honest Up Front & No Gimacks

Finally a loan company that is open and honest with you and tells you exactly how it is. No gimacks, no hidden words, but a face to face meeting with a human being, not at a computer, who listens to your individual case and doesn't rely on your credit history. Reviewed on: 16th May 2017

Exceptional Service from a loan provider

I have used Car Cash Point 3 times now and their service is second to none. The service is very professional and the Agents are outstanding. Reviewed on: 16th May 2017

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