FAQ’S

What types of vehicles are accepted?
Our lenders accept all forms of cars. These include family cars, trucks, vans, and even motorcycles.
How soon can I get the money?
Borrowers are able to get their money fast. With all the required documentation signed, the borrower is able to access the loan amount within less than 24 hours.
How much do you charge?
Our services are offered free. We give you a free quote and a go ahead to continue with the application. Even with the quote, you are not obligated to proceed with the loan application if you do not wish to.
Can I get a logbook loan that suits my needs?
Yes. We work with lenders who offer flexible loan options to clients. They offer varying ranges of loan amounts, flexible repayment periods, and loans for a variety of use depending on the client’s needs. Borrowers can be sure to get what they need through Active Loans.
Will you contact my employer regarding the loan?
No. We consider the loan applications by borrowers a confidential matter. This is why meetings for logbook loan agreements are scheduled depending on the borrower’s availability.  We do not share any of the borrower’s information with third parties at any time thus ensuring privacy.
Who takes care of the insurance during the loan period?
You are under obligation to take care of the car insurance needs all through the loan period. We however require that our clients should have met all the car insurance needs before applying for the loan. In case of expiry, you will be expected to renew the insurance policy in good time.
I am a self employed contractor; do I qualify for a loan?
Yes. We advance logbook loans to clients who have a steady source of income and can guarantee repayment of the loan to the full. Whether full time employed, part time employed, or self employed: the ability to repay the loan through a steady income is what will help you land a loan.
My credit rating is poor; can I still get a logbook loan?
We do not focus on the borrower’s credit rating. We mainly need to be sure that you will be able to repay the loan comfortably. We help individuals with both poor and good credit rating access logbook loans. If your application has been declined by others due to poor credit rating, this is the ideal place to get a logbook loan.
How much can I borrow?
A number of factors dictate the amount you can borrow. These include the amount you need, the amount you can comfortably pay within the period given and the value of the car. The vehicle make and model determine the value of the car. With the valuation of the car done, you can borrow an amount up to 50% of the value of the car. If your circumstances reveal that you can afford to pay for the car, then the amount you state within the maximum limits available will be awarded to you.
What if I am unable to repay the loan?
It is our desire that you will be able to meet your loan obligations. During the loan period, you will be required to make payment as per the repayment agreement made. In case you meet difficulty, we can try to find an amicable solution that will help you repay the loan well. This may involve rescheduling the loan. However, if we see unwillingness to repay the loan, we will be forced to recover the loan amount advanced to you by repossessing and selling your car.