Logbook Loans
Using your logbook loan, Elevate Credit has provided a gateway for car owners to secure a substantial amount of cash against their car in just 24 hours.The loan is secured using the vehicle's logbook through joint logbook registration.You can use your vehicle as usual, and once you repay the loan, Elevate Credit will discharge the logbook.Elevate Credit finances up to 60% of the car's value at an interest rate of 4%.
How Does Elevate Credit Logbook Loan Work?
Requirements
- Be an adult of over 18 years of age.
- Copy of Original ID or passport.
- Original Logbook
- Passport Photo
- 6months Bank Statements
- 12 months Mpesa Statements
- Post Dated Cheques
- Valuation for the vehicle at a fee of 3000/=
- Logbook Search at the cost of 2000/=
- Vehicle to have Comprehensive insurance.
- The car is roadworthy and in reasonable condition. Not older than 15yrs.
- The car is private (Commercial vehicles are not accepted).
Logbook Loans Calculator
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- Book an appointment at our office located at Sameer Business Park, Block E-1 First Floor Mombasa Road, Nairobi. OR
- Contact our call center on 0114496184 or 0741782186.