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Car Cash Point reviews

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Rated Excellent 4.70/5

Car Cash Point reviews

Unverified business

Review summary

People rate this company as Excellent based on 289 product reviews

Average score of 4.70/5
5 star
89%
4 star
7%
3 star
0%
2 star
0%
1 star
4%

Latest positive rating

5/5

Great company and great service

Very helpful staff and great service. Would recommend to anyone.

Latest negative rating

1/5

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... 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 your own risk Read more Read less

About Car Cash Point

Car Cash Point is a direct logbook lender based in London. If you're searching for a logbook loan, and you're wondering if Car Cash Point is the company you should use, read our reviews first! Our community shares their reviews in order to help people like you who are considering logbook loan companies. Already had a logbook loan with Car Cash Point? Share a review of your own and your comments and experiences will help other potential customers who are looking for a logbook loan company.

Reviews for Car Cash Point

Showing 11 of 289 company reviews

Avoid!!

Logbook Loan 15th May 2023

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... 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 your own risk Read more Read less

Rated Terrible 1/5
Read more product reviews

Scam company

Logbook Loan 5th August 2021

My husband and I bought a van in 2019 paid cash got receipt Thursday 29th July 2021,2men were sat outside my home when my hubby... My husband and I bought a van in 2019 paid cash got receipt Thursday 29th July 2021,2men were sat outside my home when my hubby was putting his stuff in the van a man came over to him and said we have come to take you’re van,turns out someone took out a log book loan on it before we bought it,we felt after calling the police and citizens advice we had a fight on our hands long story short we paid they got the money by bank transfer called the fraud squad who are looking in to it, now one week on they called my hubby today 4/8 saying we recalled the money and we never so I called my bank and they informed us no they have the money now saying we need to pay again NO chance! We even have a receipt from them and the bank. This company stink we never ever borrowed any money ever from them but getting hassle from them well bring the fight because we will not part with another penny so they can go blow,all the good reviews are bull for sure thugs! Well no more not a chance. Read more Read less

Rated Terrible 1/5
Read more product reviews
  • 1/5

    I have been threatened with Violence

    Firstly let me tell you now that the FCA are investigating this firm for Malpractice. Do not under any circumstances use this firm to borrow... Firstly let me tell you now that the FCA are investigating this firm for Malpractice. Do not under any circumstances use this firm to borrow any money. I shall explain. I borrowed funds prior to the Corona Virus Pandemic as I only wanted a short loan. When the Pandemic hit my business was forced to close so I had no income. By Law they had to offer 6 months of deferrals which they did but due to the new Lockdown in December I explained that my business had been forced to close and that I would make reduced payments until the lockdown ended. They said no and gave me 5 days to pay or they said they would take my car away. They said they would send people to my house and that they were ex police and that they would break my legs if I did not give them my car. I was scared and called the police. They said that they cannot threatened you with violence. My wife and I are in fear of our lives. We have a 4 year old and cannot sleep. I called the Financial ombudsman and have filed a complaint. They said that the company must respond but they have not. They just use threats of physical violence which is vile and disgusting. This is a Mafia operation. Read more Read less

    {"display":"Raul1976","full_name":"Raul1976","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Logbook Loan
    Raul1976 12th February 2021
  • 1/5

    Disgraceful company

    Heed my advice and the advice of the other 1 star reviewers and avoid this company at all costs. They will screw you big time... Heed my advice and the advice of the other 1 star reviewers and avoid this company at all costs. They will screw you big time and if you get into any difficulty whatsoever they will hammer you with additional fees and interest and you will have the joy of being harassed (and by harassed I mean tortured on a daily basis) by their staff calling you persistently reminding you of the money owed and the ever increasing interest and pressuring you continuously to make a payment (even if you've honestly and clearly explained till you are blue in the face the reason why a payment is late). Good luck if any of you are dealing with the guy named Rio as his robotic voice from his DAILY calls and voicemails is still seared into my head and I can only guess that his loanshark master had deleted the empathy function from his motherboard settings. You will also have the joy of being completely ignored if you even dare to query their figures, whether you put your grievance in writing or not. Do yourselves a favour and look elsewhere, this lot shouldn't be in business. Read more Read less

    {"display":"GM","full_name":"GM","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Logbook Loan
    GM 13th September 2020
  • 1/5

    Is this the same car cash point? Must be paying for these reviews

    Wow are we talking about the same company car cash point ? These good reviews must be colleagues to the staff ...most of the staff... Wow are we talking about the same company car cash point ? These good reviews must be colleagues to the staff ...most of the staff are ok but the 1 bloke on the phones is a complete %#@“ avoid him ....so why 1 star at the start of covid 19 elena said I could take a payment holiday as I’m self employed she could see my living had stopped I only owed £700 I had a settlement figure on 27th March this year she didn’t say I would incur £440 of fees during this 2 month holiday nearly doubling my loan .....please please look else where please these are scammers I’ve paid back over £5k for an £1800 loan they won’t tell you this when you first ring Shaun towell Read more Read less

  • 5/5

    Great company and great service

    Very helpful staff and great service. Would recommend to anyone.

  • 5/5

    Wow

    The Best post wow in The Word Best

  • 1/5

    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... 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! Read more Read less

    {"display":"mikcrom","full_name":"mikcrom","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Logbook Loan
    mikcrom 14th February 2018
  • 1/5

    STAY AWAY

    Awful experience with this company, god help you if you have any form of financial difficulties whilst you have a loan with them, I had... Awful experience with this company, god help you if you have any form of financial difficulties whilst you have a loan with them, I had to go in hospital for an operation so missed 2 payments, on leaving hospital and receiving an email of them saying they would help clear the arrears with a payment plan was told abruptly that they wanted 75% of my arrears that day or they were passing it to a debt collection company and £450 would be added to my account and a home visit, I offered numerous payment options which would have cleared my arrears in 3 months but each one was refused. Also spoke to very rudely, currently in bed recovering awaiting my debt collector visit. Very polite when accepting your application and constantly offering you more money but dare fall into arrears. They even suggested I hand them my car which is worth over £20,000 and I only owe them £2400. AVOID Read more Read less

    {"display":"David Coffey","full_name":"David Coffey","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Logbook Loan
    David Coffey 10th December 2017
  • 5/5

    Fabulous helpful dedicated staff

    I was apprehensive about a loan but staff explained everything and put me at ease. from people coming to my home to view documents to... I was apprehensive about a loan but staff explained everything and put me at ease. from people coming to my home to view documents to talking on the phone the service was on another level. Read more Read less

  • 5/5

    Friendly fast helpful service

    From start to finish to helping me decide what I can afford to how long I wanted to repay all customer service was outstanding and helpful

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