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Car Cash Point: Logbook Loan reviews

4.70
Based on 289 reviews, last reviewed 15th May 2023
No new 5 star reviews
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No new 1 star reviews
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3 star
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4%

Latest highest rating:

5

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

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
The Saint ST1's avatar
The Saint ST1

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

1
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

Great service , fast payment

5
The transaction happen well within 24hrs, friendly staff, will definitely recommend to friends and colleagues. Reviewed on: 30th June 2017

Great

5
Very quick and reliable no time wasted when applying for the loan Reviewed on: 30th June 2017

Amazing

5
Great to use, fast and friendly. They understood my needs. Reviewed on: 30th June 2017

Very likely

5
I was in need of cash quickly and car cash were very prompt, efficient, friendly and most of all excellent communicators. Reviewed on: 30th June 2017

100% satisfaction

5
All reps was 100% helpful even though I had other quotes these guys still beat them, really helpful and would recommend to any one and will use again in the future, no nonsense no hassle, thanks again guys, hope the rep that does the call outs gets well soon Reviewed on: 30th June 2017

Best Car Loan Company

5
Car cash point have been there for me when I needed that bit of extra help. From first contact they make the whole thing very simple and straightforward, with very fast efficient service, I would and have recommended to others. Thankyou Reviewed on: 30th June 2017

Fantastic

5
Friendly staff. Fast payout. Definitely recommend Reviewed on: 30th June 2017

Fantastic

5
Easy to arrange, friendly helpful staff. Fast payout Reviewed on: 30th June 2017

Amazing product and services

5
Nice work , very quick and easy , they helped me very fast Reviewed on: 30th June 2017

Very good services

5
All the team i was in contact was polite and very helpful , thanks Reviewed on: 30th June 2017
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