Car logbooks are among the most used items as loan securities in getting loans in Kenya. There are a number of loan providers who use car logbooks to give loans and here is a list of the best ones in Kenya,
- MOGO Kenya
Mogo Kenya is part of the Mogo Finance Group. They give logbook loans from Ksh. 100, 000 to 1, 500, 000, which can be processed within 24 hours. Their repayment period can go up to five years with a weekly or monthly repayment schedules. You can reach them through 0768 469 112
- Mwananchi Credit
They are one of the most trusted logbook loan providers in Kenya. You can get loan of up to 80% of your car value within 6 hours as long as you provide an original logbook, 6 months bank statements, M-Pesa statement and a comprehensive insurance cover certificate. Their contact is 0709 147 000. Email: info@mwananchicredit.com
- Auto Advance Logbook Loans
One unique thing about Auto Advance Logbook Loans is that they do not check the CRB status of the loan applicant and they are quite reliable. Their office is located at Millenium Place, Buru Buru, Nairobi. Get in touch through 0765 650 650 or Email: info@autoadvancelogbookloans.co.ke
- Jijenge Credit Limited
Logbook loans from Jijenge ranges from Ksh. 50, 000 to 10, 000, 000, and can be repaid between 1 to 12 months. All you need to have are;
- Original logbook
- Copy of KRA pin
- 2 clear copies of original ID
- 1 recent color passport-sized photographs
- Valid comprehensive insurance cover
- Motor valuation report/ Renewal notice
Reach out to them through their mobile phone numbers 0711 282 727, 0703 282 727 or email info@jijengecredit.com
- FinCredit Limited
This loan company is unique as it operates in Kenya and Uganda. Other than logbook loans, it also offers SME/employee loans, new KCC loans, instant loans.
They are Located on the 1st Floor, Methodist Ministries Centre, Oloitokitok Road, Lavington. Their contacts are 020 386 1673, 0735 880 417, 0722 425 050 and Email: credit@fincredit.co.ke
