Summary
Experts in providing logbook loans, Varooma offer a reputable service for hassle-free short-term finance. Ideal for those looking for a fast and flexible logbook loan at a reasonable rate. They promise to ‘aim to beat any written quote from any other logbook lender’, providing a guarantee that they are one of the cheapest options on the market.
One of Varooma’s main aims is to provide a responsible and transparent service for their consumers, and it would seem from the thousands of positive reviews that they achieve this aim. Varooma has an in-house team of experienced underwriters available to assist their customers and approve loans promptly. They also have a team of field representatives across the country, ready to meet face to face with customers to complete the required paperwork in person.
The Varooma website is extremely comprehensive, providing a detailed FAQs section, as well as an in-depth explanation of the full application process; customers can easily find everything they need to know online.
In addition to the standard logbook loans that Varooma provide, they also have a separate product called Varooma Platinum which claims to be the cheapest logbook loans in the market today, offering an APR of 98.05%. These platinum loans have stricter guidelines and so are not readily available to everyone.