Auto Advance is a UK-based financial institution that, until recently, specialised in providing logbook loans. Although they have ceased providing this service, they continue to fully support all existing customers. For those finding it challenging to maintain their scheduled repayments due to financial difficulties, Auto Advance actively encourages clients to get in touch with their dedicated customer service team for assistance.

The company showcases a straightforward four-step logbook loan process, which includes instant quotes, easy online application, swift meeting and signing agreement, and rapid funds transfer. It promises an immediate quote based on customers' vehicle registration and mileage and claims an easy, five-minute online application process. However, prospective newcomers should be aware that Auto Advance no longer offers this service.

Once the loan agreement is drafted, Auto Advance invites its customers for a quick physical meeting with their agents distributed around the UK, where the paperwork can be signed. After completion, the agreed loan sum is directly transferred into the customers' bank accounts, a service that Auto Advance asserts could take place on the same day.

Auto Advance operates under the regulation of the Financial Conduct Authority for consumer credit. They appear to be committed to ensuring a smooth and hassle-free loan repayment experience for their existing customers, emphasising the necessity to maintain regular payments to circumvent the risk of vehicle repossession.

Even though Auto Advance is no longer providing logbook loans to new customers, they have set up an extensive framework to provide top-notch customer service for existing clients going through financial difficulties, ensuring they receive the necessary support.

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