Logbook Loans Ltd.becomes active again

Britain’s largest logbook loan brand Logbook Loans Ltd. becomes active again just days after the company that owned it went into administration. Logbookloans.co.uk is now owned by Hermes Property Services Limited. It operations are unaffected by this change of ownership and continues to offer loans secured against the value of a car or motorbike.
Consumers have the option of applying online or through the company’s network of brokers spread all over the country. The company’s logbook loans carry an APR of 478% and the minimum loan amount is £500.
History
The Department for Business Innovation and Skills estimates that nearly 40,000 logbook loans were registered between April 2008 and March 2009 in England and Wales. That roughly translates to £30m in loan amount. Logbook Loans Ltd. is estimated to have accounted for over 60% of these advances.
As far back as in October 2009 the Office of Fair Trading (OFT) had decided to revoke the licence of the parent company. Just as this process was about to conclude Nine Regions Limited and Log Book Loans Limited co-owners of the popular website logbookloans.co.uk, went into administration and its brand and loan book was bought by the Hermes Property Services Ltd. This firm was already running a small logbook loan operation.
Logbook lenders including Logbook Loans Ltd. offer loans secured against the value of a car. They rely on an old piece of legislation, The Bills of Sale Act 1878. It means that the when you take out a logbook loan, the car becomes the property of the lender. This gives them the right to seize the car in case of a default in repayment even without approaching a court.
This has been the cause of several disputes between logbook lenders and borrowers. This is natural considering that the logbook loans market comprises high risk borrowers with no access to mainstream credit. While logbook loans offer a lifeline to them in crunch situations, the likelihood of default by such borrowers is disproportionately high.
The Department of Business, Innovation and Skills had recently advised the government to impose a total ban on logbook loans. However, the government felt that such a measure would restrict retail access to credit and drive up interest costs. Needless to say, this is a situation best avoided. Instead the government is looking at options to make the lending and recovery process more transparent and fair to the consumer.
Industry changes
The logbook loan industry is introducing changes following the OFT’s action. Industry leaders are working with the Department of Business, Innovation and Skills and the OFT to draft a code of practice specific to the logbook loans industry. Individual companies in the sector will be monitored and audited for adherence to this code.
It is expected that these changes will bring in some more order to the logbook loans industry and level the playing field. In conclusion, logbook loans are here to stay and those in need of urgent money will have even more reasons to consider a logbook loan.

Car Logbook Loans: Unlock The Value In Your Car

With mainstream channels of credit becoming less and less accessible especially to those with poor credit scores, alternative lending channels such as car logbook loans are becoming increasingly popular. Though considerably more expensive than conventional forms of borrowing like secured and unsecured loans, car logbook loans have provided relief to tens of thousands of people by providing the money just when they needed it.
The main argument against logbook loans is their high rate of interest. However, it should be noted that car logbook loans companies’ clientele comprise a risky group of borrowers. Defaults are not uncommon and administrative costs are high for them. The high interest rate helps them cover these costs. When compared to other alternatives like payday loans and loan sharks, logbook loans are certainly cheaper.
Advantages of car logbook loans vis-a-vis alternatives
We should bear in mind that only those with poor or no credit history go for car logbook loans. Clearly, no credit check is carried out on the borrower when a logbook loan is processed. The advantages of car logbook loans should therefore be in comparison with the alternative channels of credit available to this group of borrowers like payday loans and loan sharks.
1. Amount borrowable
While payday loans are often small ticket loans, car logbook loans can vary in amount from £500 to £50,000 subject to the value of the vehicle. Thus these loans help you when you need a higher amount.
2. Loan term
The term of a car logbook loan can be up to 3 years, subject to the amount borrowed vis-a-vis the value of the car. The normal term is one year to eighteen months. A payday loan on the other hand is given for a very short period of time of a few weeks.
3. Ease of access
As a car of sufficient value is offered as security, car logbook loans are easily available when compared to payday loans or loan sharks who offer loans without any collateral. This means even those who are not employed but have other sources of income are also eligible for a car logbook loan.
Things to know before taking out a car logbook loan
If you are considering taking out a logbook loan, keep in mind that:
- You will have to sign a Bill of Sale that makes the lender the owner of the car offered as security. You are, however, allowed to keep the car and use it.
- In case of default, the logbook loan company has the right to repossess the car and sell it. You are legally bound to pay the shortfall in amount, if any.
- The Bill of Sale is not a valid contract in Scotland.
- The car offered as security should be in your name, less than ten years old and free of encumbrance (finance).
Major lenders
Logbook Loans Ltd, owners of the website logbookloans.co.uk was the leader in this segment. Very recently, the company went into administration and its assets have been bought over by Hermes Property Service Ltd. Hermes was an existing player in the car logbook loans market and with this acquisition have moved to the top slot. Other major lenders include Mobile Money, V5 Loans and Car Cash Point
.
If you are looking for a quick car logbook loan, please fill up the enquiry form on this page. We have tied up with major lenders to offer you logbook loans of any size. Our adviser will instantly call you and start your application process.

Logbook Loans Online

Is applying for a logbook loan online any different from going through a loan agent or broker? Yes and it is more advantageous too. It is no surprise that more than half the applications processed by logbook loan lenders start with an online enquiry. Companies have seen a quantum jump in applications for logbook loans online. It is clear this trend is here to stay and grow.
Applying for logbook loans online has several things going for it. First and foremost, it saves the borrower considerable time. He or she can make an enquiry for a logbook loan from the comfort of their home or office in as little as a couple of minutes. If this is done during the daytime, the company will call the party within a few minutes. The borrower is advised to take the car offered as security to the nearest office of the lender at a convenient time.
Another advantage of applying for logbook loans online is that the borrower has the liberty to approach different lenders with practically very little effort. This helps them find the lender that offers the terms that suit them the most. Not all logbook loans online are the same. So it is important for the borrower to find the lender that suits their requirements the best. The requirements for individual borrowers can be a combination of loan-to-value, loan term, pre-payment options, time taken for the money to be transferred etc.
Apart from online, logbook loans are also available through company branches, franchises and their network of agents. While company branches may not be easily accessible, the agents or brokers may be representing multiple lenders. In such a situation, the agent may put his own interests above that of the customer. Not that all agents do this, but this possibility is ruled out when you apply for logbook loans online.
In short, regardless of where you are located you can apply for a logbook loan online and get the money transferred to your account in the shortest possible time. Besides saving time, it makes it easier for you to compare multiple lenders and select the one that suits your requirements.
While applying for logbook loans online, make sure that you enter your contact details correctly to help the company reach you.

How To Chose Among Online Bachelor Degree Programs

For people who have not graduated and therefore are in full or part time jobs, significant improvement in career and living can be achieved if you take online bachelor degree programs. Some people just don't have the possibility for studying for a degree at university or college. Today this can be achieved online without having affected your current working schedule and you just don't even have to leave your house. The only thing you need is a computer with internet connection and you can start up with your online bachelor degree course, when you want, where you want and at your own pace.

An online bachelor degree is affordable as well. Studying in a college or university for a degree may cost you in average $12,000 a year, but an online degree program will cost much less. Costs vary between schools. Prior to you opt for any course and school, it is mandatory that you do a little research about the cost and the programs. Also, by choosing an online degree program from an institution in your home state, you can save a large deal of money. For instance, an online degree from the Florida Gulf Coast University has tuition costs of only $12,410 if you are a Florida resident. For for non-residents however, the fee increases to $45,902. Some employers also provide teaching assistance to their employees. So before choosing an education online degree program, check with your employer and discover if they provide such assistance. If the degree you would like is work-related, chances are good that the employer will provide at least a few of the expenses.

The best advice I probably can give you before you start up with any of the online bachelor degree programs, is to do a little legwork and check the credibility as well as the validity of the programs you think about. Let's face it; there are frauds in this business as with every business so stay away from unhealthy and pick the good. If a school is accredited by the Government, you can be sure you have hit a high quality one.

Online Bachelors Degree in Business Administration

There are specific careers which always require an accredited Online Bachelors Degree in Business Administration. Fortunately there are online Business Administration schools which will help a number of professionals to enter a new level inside their career. There are lots of options which are available on the internet. One can select the program according to his professional needs. By deciding on the best program according to your requirements it's possible to certain give a boost to his career. In this article I have compiled some facts which will help you to choose the proper program.

There are several steps which should be taken before selecting any sort of business administration program. Let's take a look at them 1 by 1.

First of all the you ought to be certain of your interests. This should help you in choosing the best University having a right program.
Business administration includes lots of options like administrative assistant, hr department, audition department and more.
It may be beneficial to talk to a person who has a Good experience in this field. You can spend some time with your employer or an experienced colleague. The size and characteristics of the company can help you a lot in picking the right university and program.
The person who is looking for an online administration program should spend some time online. Internet is a huge source of information. You can get all the information with the click of a mouse. There are lots of websites and blogs which will help you plenty in selecting the best program. But one should be aware while choosing a website.
One should go with the program offered by different universities. A total business course must always cover payroll, strategy, accounting, computers, administrative assistance and much more.
A professional should always look for the accreditation of the program he is going to pursue. Multinational and reputed companies only accept recognized degrees.

You will discover universities which offer customized programs which signify a student can design his own program by choosing elective courses. A personalised or customized program can help you a lot in reaching personal goals and desires. A student must always choose a professionally focused program which could always help him in securing a fantastic job in a reputed company.

There are lots of more items that should be considered before securing a seat in an internet business administration program. I would recommend you to do extensive research. Extensive research and home work will help you a lot in selecting the right program.

There are several advantages of pursuing an Online Bachelors Degree in Business Administration and some of them are mentioned below. You can get an international accredited diploma at the convenience of your home. As a business administration student you will always be in contact with international business management educators. An online business administration degree makes you a part of the community of international business administration students. An online student can complete the program based on his schedule. This means that you can pursue this degree even if you are working as a full time employee.

An Online Bachelor Degree From Almost Anywhere

An online bachelor degree provides students the education and data they wish to acquire along with the opportunity of their studies at their convenience. A bachelor degree is the first step in higher education and provides students with basic knowledge and also a solution to concentrate on a certain subject. An online bachelor degree program would provide students with appropriate study material that they can study at a time schedule of the convenience. A bachelor degree program is generally grounded in a specific field of study, for instance business and is accompanied by a major in the more specialized field, for instance marketing. The specialized field is centered on more than others within the curriculum and allows the student to define more clearly their chosen path of employment and career.

While bachelor degrees are normally from traditional schools worldwide, large amounts of attention will be paid in recent times to online education, especially online bachelor degree program. Now many online learning institutions offer students a chance to complete degrees from the bachelors to the doctorate level completely by correspondence over the world wide web. Online universities also offer choices like college courses, online master degree, on the internet and accredited online degree.

An internet bachelor degree gives a student exactly the same qualifications in their chosen field as its offline counterpart but sometimes be carried out in a shorter some time and generally for a substantially lesser cost. It's also been a great experiment for bricks and mortar universities while they have been able to accept more students into faculties due to less restrictions on time, money and geography for entering youngsters. The key benefits of a bachelor degree education are broadened horizons for employment, instant recognition of credentials, and increased the opportunity to pursue further more very skilled levels of study.

Furthermore, cross continental borders with study are now no more an issue as a distance learning bachelor degree is now available from many universities making it possible for someone to obtain an online degree in a foreign country in the hope that one day they will live and work in that country.

Education systems, in particular those online are always being refined to create the most efficient completion by students of their bachelors possible. Over time, as is already becoming the case, a bachelor degree program can become increasingly common and additional studies is going to be necessary to make oneself stand out from the crowd when the time comes for employment.

Online Bachelor Degree Program

Bachelor degrees also referred to as baccalaureate degrees are the foundation of any university education and with the ability now to undertake programs for study online, it is easier and easier for a student with any credentials to enter the course of their choice in further education. The remainder of this article is made to give an overview of web based bachelor's degree programs and provide information to those considering their pursuing.

A program like this is usually of an accelerated nature, allowing students to hurry through them at far faster rates than conventional degrees. In some cases students can complete their online bachelor's courses in less than two years but this is a result an indication of the commitment of the student rather than the level of difficulty of the course.

In the same way as attained offline, an online program is awarded when a student has fulfilled a certain number of credits or units of study in a specific field. For the majority of courses this really is 60 semester credits or 90 quarter credits (a semester representing half a year). The difference with a bachelor's degree is that these programs often have no time restrictions for their completion. For instance a student may elect to complete one semester per year rather than two to lessen the workload, while another student may tend to power through three semester units per year.

With their field specific components most online bachelor degree programs covers the areas of communication, analytical and logical reasoning, computer skills, and presentation skills as well as comprehension of social sciences as well as the fine arts. Through their respective study students will gain the ability to present ideas inside a clear manner, communicate effectively in a variety of professional contexts and solve problems using efficient making decisions models.

Bachelor programs are really simple to begin undertaking effortlessly that is required usually being merely the completion of a few online forms and a wait for approval. With respect to the college you apply to you may undergo some form of screening process and there is the chance you will get declined. The beauty of online degrees is that it is so easy and easy to keep looking for courses if you be declined for any reason. You can also pay your registration fees from the comfort of your personal computer chair from your normally available Paypal, or bank card processing.

The most important consideration for students thinking of entering an online bachelor degree course is to weigh up heavily many schools that supply the course you want. Because online education is still a relatively new industry, characteristics of schools from pricing to curriculum's can vary wildly so it's far better do a good amount of research before making a decision as to which is the best way to obtain your internet bachelor degree.

Mike O'Brien offers advice and information about an online bachelor degree. This quality web site is easily navigated with it's simple uncluttered layout design and it has an ever growing variety of online degree and college course information when you need it!

Online Bachelor Degree Programs

Online bachelor degree programs provides you with a bachelor with your desired field having a unique mix of you possess selection, scheduling flexibility and affordability for both full-time students and working adults. Earning a web based bachelor degree presents you with the entrance to exciting career opportunities, and presents you an choice to finding a Master's degree, MBA or Doctoral degree through the benefits of online education.

With all the known benefits of earning when you have bachelor degree, which is nearly double the incomes of these with good school diplomas, these web based education programs introduce for you a simpler plus more flexible method to earn the degree. You can find basically 2 types of bachelor certificates; Bachelor of Arts (B.A or A.B) and Bachelor of Science (B.S. or B.Sc.).

Numerous online bachelor degree programs that you could find are art and design, business, criminal justice, culinary arts, education or teaching, healthcare, human services, legal or paralegal, liberal arts, nursing, political science, religious studies, science and mathematics and technology. As there are many universities that provide these programs online, it's better that you be sure that the specific degree program of your choice is most suitable to your educational and career goals.

Admission for your bachelor degree programs is an extremely easy process as you get to do it online. Within minutes, you will receive a confirmation, with your student area activated and you will be capable of access a virtual classroom right away. The fees for your education online is comparatively lower that the conventional education where you need to be on-site to receive the education. With a flexible financial aid that are made available for your online education, you can use this to your great advantage particularly in this economy and with your individual financial constraints.

Previously studied courses or subjects are entitled for credit transfer and thus you may reduce fee and time required to accomplish your bachelor degree program. Credits for prior learning through your work, life experience and trainings are also allowed. With strong commands in specific subjects, you are even capable of take specific tests for them.

Since all interactions are online-based, you don't need to to get books thus saving cash on the total cost of your education, as all your study information will be available online. Getting a bachelor degree is just a click away today which complements the high-pace and instant-result oriented life of today's society that opens up more opportunities for education for everybody.