Logbook Loans in Kenya

Reviews of logbook loan products where a registered motor vehicle serves as collateral. Logbook lending in Kenya is governed by the Movable Property Security Rights Act 2017 and regulated by the CBK. This section covers major providers, their effecti

Found 5 reviews

Mwananchi Credit is one of Kenya's leading logbook lenders, offering vehicle-secured loans of between KES 50,000 and KES 5,000,000. The company retains the vehicle logbook as security while the borrow…

  • Quick disbursement within 24 hours of valuation
  • Borrower retains use of the vehicle during the loan period
4.2
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Momentum Credit offers logbook-secured loans of up to KES 4,000,000 to vehicle owners in Kenya, with disbursement typically within 24 hours of application approval and vehicle valuation. The lender al…

  • Loan amounts up to KES 4,000,000
  • 24-hour disbursement after valuation
4.1
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Premier Credit provides logbook loans to vehicle owners in Kenya, with loan amounts starting at KES 30,000 and reaching up to KES 3,000,000 based on the vehicle's assessed market value. The company pr…

  • Lower minimum loan amount of KES 30,000 increases accessibility
  • 24-hour processing and disbursement
4.0
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Platinum Credit offers logbook loans and salary advance products in Kenya, with logbook facilities of up to KES 5,000,000 for qualifying vehicles. The lender accepts a broad range of personal and comm…

  • Loan amounts up to KES 5,000,000
  • Accepts commercial and personal vehicles
4.0
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Watu Credit operates in the asset finance and logbook lending segment in Kenya, targeting vehicle owners who require fast access to secured credit. Loan amounts range from KES 30,000 to KES 3,000,000 …

  • Fast processing with 24-hour disbursement
  • Accessible minimum loan amount of KES 30,000
3.9
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Guide: Logbook Loans in Kenya

Reviews of logbook loan products where a registered motor vehicle serves as collateral. Logbook lending in Kenya is governed by the Movable Property Security Rights Act 2017 and regulated by the CBK. This section covers major providers, their effective annual rates, valuation processes and recovery policies.