Logbook in legal terminology is perceived as registration form V5. The document is published by Driver and Vehicle Licensing Agency (DVLA). Logbook has numerous entries about the vehicle relating to the current registration mark, VIN number, and details about the designated keeper of the logbook. The registered keeper need not necessarily be the purchaser of the vehicle. He is the person who is liable for paying taxes on. Did you know that the logbook of your car could help you get a loan? Moreover, the borrower employs the use of the car. Finding it distinctive from the regular car finance loans? Car finance loans help borrowers buy cars. Logbook loans also help borrowers meet their other financial necessities
A spokesperson for Motorkitty explained, “Motorkitty is a trading name of Creative Finance Corp Limited and launched in 2016. We are a specialist provider of the short-term loans and pride ourselves on offering the best service in the industry. Motorkitty was launched to genuinely give payday customers a better and cheaper alternative way of raising short-term cash, while at the same time providing a cheaper, better and alternative logbook loan. To date, we have achieved just that! We can lend consumers within £500 and £5,000 and provided you meet our creditworthiness assessment we can begin out same day payments. Customers can settle early and should that happen there is no early compensation fee or fees; you only pay interest to the date you've had the loan".
It’s quite hard; to sum up, what Motorkitty is in just a few words. Their unequalled service with the comprehensive knowledge, resources and operational experience offers a profoundly effective and cost-efficient service that is second-to-none.