We understand that if you’re applying for a loan, you don’t want your application to be held up for any reason. Our user friendly validation process will help them ensure that everything is right the first time.
(PRWEB UK) 28 March 2012
Leading logbook loan broker Logbook UK have launched their new state of the art online validation process for applications. This new system includes an automated data validation process, which now checks through the customer data and helps ensure the application details are correct before submission.
Logbook UK recognise that applying for a loan can be a stressful process. They wanted to take some of the stress out of the process by helping people to correctly complete the application the first time and avoid having their loan rejected due to simple errors in the application form.
Managing Director Michael said of the new online validation process, “We understand that if you’re applying for a loan, you don’t want your application to be held up for any reason. All customers have to do now is fill in the online application form and the user friendly validation process will help them ensure that everything is right the first time.
We aim to reduce the amount of loan applications that are rejected due to simple spelling mistakes and typos. These are errors that have no bearing on whether a loan application can be accepted or rejected, but are forcing the application to be rejected because the data isn’t automatically recognised. So, this new process will check all application details are right before it is submitted.”
Logbook UK specialise in offering loans to people who want to use a vehicle they own (or have paid the majority on) as security against the loan. The value of the loan can be up to 50% of value of the car. As the log book is used as security against the loan it’s a great option for people who have a bad credit rating or who would otherwise struggle to get a loan through banks and other financial lenders. All the customer needs to do is provide the logbook loans provider with the log book for their car. It’s a great solution for people who need cash quickly but also need to use their car on a day to day basis.
Notes to editor(s)
Logbook UK was launched in 2008, providing logbook loans to a wide range of customers.
They are a leading broker of online logbook loans, with loan providers covering the whole of England, Scotland, Wales and Northern Ireland.
Since their launch, they have been committed to providing customers with the best short-term credit options.