Car Cash Point Loans | www.carcashpoint.co.uk Reviews

Car Cash Point Loans

About Car Cash Point Loans

Car Cash Point (branded only as CarCashPoint in the logo) is one of the leading logbook lenders that has was launched in 2010 and so they have now hit the 10 year milestone. This business was formed by Paul Hilburn who has since left to launch Loan on Your Car. On CCP’s site you’ll see 10 locations noted. Some of these may have been past branches as there are now only listed addresses for 6 of them being: Birmingham, Bristol, Leeds, Leicester, Liverpool and Manchester. Their London office is corporate only. You can either make your way to one of these branches or a rep can instead head your way (at an additional charge).

Having built up their own network this should help to speed up the process and they in fact promise money within the hour. Coverage extends to England, Northern Ireland and Wales. The owner also trades from www.logbookloansni.co.uk although they don’t actually have an NI office. It can be confusing browsing the information on www.carcashpoint.co.uk as they list varied potential amounts and phone numbers amongst other things. Between £500 and £100,000 is available although they cap up to 50% of the trade value. CCP’s Platinum limit rises all the way to £1,000,000, but this time with a 75% cap. The term range is 12 to 60 months and you can opt to repay monthly or weekly.

All kinds of vehicles are catered. With cars there is a 10 year limit unless you have a classic or prestige motor. They charge £960 for £1000 borrowed across a year. On topic, the Car Cash Point logbook loans are pitched with a Best Rate Guarantee offer that can present a 10% discount if you can find a better deal elsewhere. There are for reference cheaper deals available at the likes of MotorKitty and Varooma. There is a 4 day grace period where there will be no late payment fee charge. If missed then the fee depends on how you pay (£6 for weekly or £15 for monthly). CCP’s reviews are supportive noting a 90% rating on Trustpilot.

Company Details

Address: Suite 3b, Lyttelton House, 2 Lyttelton Road, London, N2 0EF

Brand: Car Cash Point (aka: CarCashPoint, CCP)

Company: Car Cash Point Ltd

Contact (📧): info@carcashpoint.com

Contact (☎): 0370 218 8174

FCA Licence: 670218

Launched: 2010

Niche: Logbook

Opening Hours: Mon/Sat (8am-8pm)

Related Brands: Logbook Loans NI

Site Address: www.carcashpoint.co.uk

Site Rank (Alexa.com Global): #8,503,969

Product Specs

Amounts Available: £500 to £100,000

Amounts Available (Platinum): £1000 to £1,000,000

Late Payment Fee: £0 (4 day grace period)

Login Provided: No

Pricing: £960 /£1000 (12m) & £1440 /£1000 (18m)

Repayment Terms: 12 to 60 months (options undisclosed)

Required Age: Vehicles under 10 years are accepted (exceptions for Platinum)

Review Feedback

Feefo: Not listed

Reviews: 44% (10+ count)

Trustpilot: 90% (2750+ count)

Rivals & Similar Lenders Like Car Cash Point

The original founder’s new project Loan on Your Car is most equally matched for traffic. Both are competing for that very top sector ranking. LOYC is a great solution if you’d like to complete the process fully online without any required visit. Both of these companies impose average charges and there are 10 year limits in place also. Logbook Money would be a good solution for any aged vehicle coverage and MotorKitty are best for low pricing. There aren’t many further alternative options circulating as there are now under 10 active brands. As well as various closures, the market leader (L2Go) left the sector whilst Mobile Money and Varooma have switched to brokering.

Last Check @ www.carcashpoint.co.uk: May 10th, 2021

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