Around 27 million households in the UK currently have at least one car parked in their driveway, and if figures obtained from the 2011 census are to believed (and I see no reason why they wouldnt be) there are currenly 31 million cars on UK roads. It is arguably the most owned consumer product, and in the majority of cases is the most expensive purchase after ones home. It therfore makes sense that in times of financial worry a vehicles owner would be able to release some of the cars value using a secured loan – just as one might on the value of their home.

In the UK a number of companies are now offering this service which is perhaps aptly named a logbook loan after a vehicles V5 logbook document. To borrow money against your car you will have to ensure that both you and your vehicle qualify with the individual lenders minimum requirements.

The majority of lenders in the arena have very similar expectations of the type of person and the value of vehicle that they are willing to consider. I

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Since the 1-800LoanMart blog has been down for a few days, we wanted to do a quick recap of what has been going on with our sponsorships. Our title loans company has grown considerably this past quarter and we have more simultaneous sponsorships than ever before. Let’s get to it! First off, the Los Angeles Clippers have been doing quite well lately. Last week they won home-to-home games against the Sacramento Kings! They didn’t fair quite as well against the Memphis Grizzlies on Monday, but the Los Angeles will have the chance for another win against the Oklahoma City Thunder. There aren’t too many games left this season and it looks like the Clippers could be in the playoffs!

Last weekend, the Front Row Motorsports team competed in Martinsville. 1-800LoanMart was not sponsoring any drivers in this race—the 1-800LoanMart car will return June 24^th—but we would like to commend Josh Wise for finishing ahead of the other rookie contenders and David Gilliland for continuing to do well out on the track. The SPEARS SRL Southwest Tour also started this past weekend at the Stockton 99 Speedway. We’re spo

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When it comes to auto loans, Susan Tompor is one of the better-informed writers in the mainstream media. Maybe it’s because she writes for The Detroit Free Press, a newspaper that serves a city in which all matters related to vehicles are of particular interest to readers.

Cheaper auto loans — and easier to get

Anyway, on Jan. 12, Tompor wrote a Free Press piece predicting two important 2012 trends concerning auto loans:

1. Rates are now at record lows, and are likely to remain highly affordable.
2. It could become even easier to get approved for auto loans.

Both of these should be music to the ears of anyone who’s planning to finance a car this year. But what’s the probability of the predictions coming true?

Auto loans accessible

The second (easy approval) is already true, and there seems little reason to expect that trend to change. Indeed, the Federal Reserve’s latest consumer credit figures, which were published on Jan.

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1-800LoanMart was there to root for our official partners the LA Clippers at the Staples Center on Wednesday. The Clippers lost to the Phoenix Suns earlier this month, but after two wins against Memphis and New Orleans, 1-800LoanMart was pumped to see how everything was going to turn out this time around. Blake Griffin and Chris Paul managed to step it up yet again and walk away with their third consecutive win! It’s hard to imagine that just last week, the Clippers had lost three in a row and there were even calls for coach Vinny Del Negro to step down (Clippers owner Donald Sterling gave the coach his vote of confidence this week) and now the Clippers are playing as good as they were back in February.  Blake Griffin largely helped the Clippers with their 103-86 win over the Suns with 27 points, 14 rebounds and five assists while Chris Paul chimed in with 15 points and 15 assists.     The Clippers are known for their ferocious energy out on the court, but lately they’ve been concentrating on a few aspects of the game that don’t involve massive dunking. Griffin’ Read more…