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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

Brilliant

Very good convenient and very quick Reviewed on: 7th July 2017

Fantastc Company

Really friendly & lovely people and very fast process Reviewed on: 7th July 2017

Great Service

Quick service will definitely recommend to friend, family and colleagues. Reviewed on: 6th July 2017

Help provided

Helpful assitant, fast service ! Great deal...Would definitely use again. Reviewed on: 3rd July 2017

Absolutely a fantastic company

The best made to feel welcome and in a way special nothing was to much effort for the staff or acct managers if well done to all Reviewed on: 3rd July 2017

Fantastic service

Thank you for sorting out my loan so quickly - nothing was an issue Reviewed on: 2nd July 2017

Couldn't find better

Absolutely a fantastic company and best staff I've ever had dealings with car cash point no 1 no doubting that Reviewed on: 2nd July 2017

Fast & Friendly

I needed an injection of funds to see me through to pay day. Out of all the companies I contacted, Car Cash were by far the friendliest and most efficient. Everything was completed in about 3 hours, fro initial contact to funds in my account. Thank you Car Cash Reviewed on: 2nd July 2017

Excellent way to get short term loan

Brilliant from first contact to home visit very friendly and professional will 100% recommend and use again Reviewed on: 2nd July 2017

Very helpful

They are very helpful and understanding. I would 100% use them again if i had too Reviewed on: 1st July 2017

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