Logbook loans are a popular financing option in Kenya. However, customers default on loans even if they have the best intentions. This article will address mistakes people make as well as the best path to follow.
Buyoff logbook loans are loans whereby a customer seeks a financier to buy his debt from their old lender. It is important to assess the pros and cons of a buyoff logbook loan because one may default and lose their vehicle.
This market insights case study sheds light on the reasons customers seek logbook loans, the problems they aim to solve, supported by research, statistics, and news articles.
