Regardless if you have bad credit or not it is possible to walk away with a logbook loan in less than an hour of making your first enquiry. It is easy to make an enquiry to see if you meet the needed criteria, you can email, call directly or text your chosen lender and it is just as simple to repay your loan back. The beauty of logbook loans is that you don’t have to spend years paying the debt back. Some lenders have a policy where you can even pay your loan back early without any settlement fee. You get to keep your vehicle you have secured, you will only loose ownership if you do not meet your terms and conditions of the loan. If circumstances do change and you find you are unable to keep up with your payments do contact your lender as soon as possible as they will usually be able to come to an agreement with you.