If you think that getting out a loan when you are absolutely desperate for cash, securing said loan on your car which is your only form of transport and then paying back up to three time the amount you borrow is a good idea then you need read no further on this website.
Actually even if you don't think its a good idea you probably still won't get much from this blog as you are already aware that log book loans are such a bad idea that you wouldn't touch them with a barge pole. And that would be a good thing too because taking out a log book loan is a recipe for disaster in anybody's book. I really can't see myself ever being in any financial situation that I could need cash so badly that I could contemplate reaching for this credit product.
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