What Is Logbook Loan, How Do Logbook Loans Work And Are They Worth It?

What Is Logbook Loan, How Do Logbook Loans Work And Are They Worth It?

What Is Logbook Loan? Logbook loans are loans secured on your vehicle so that the lender owns your vehicle until you repay the loan. You can continue to use your car as long as you repay the loan. But Logbook loans are expensive and risky and it’s best to avoid them if you can. What…