Sentences with phrase «logbook lenders»

[6] The response left the Bills of Sale Acts intact and led to the introduction of a voluntary code of practice for logbook lenders.

[1] Borrowers hand the logbook lender the V5C registration document - or «logbook» - but this is purely symbolic and has no legal effect.

Borrowers transfer ownership of their car, van or motorcycle to the logbook lender as security for a loan.