Vehicle Repair
Your vehicle is an important part of your life.
Let MoneyMor help you make the necessary repairs your car needs now and pay for them with a personal loan.
Checking your loan options does not affect your credit score.
Vehicle Repair Financing Options
Need to repair your transmission, replace your engine, add new tires, or get a new paint job? A loan through MoneyMor.com can help you update or repair your vehicle without having to use your credit cards.
From replacing auto parts to a full transmission repair, maintaining your vehicle can be expensive. Depending on the type of work your vehicle needs, the car repair quote can end up being more than you expected. Whether it’s for routine service or an urgent repair, a personal loan can help cover the costs and get your car back on the road in no time.
A personal loan can allow you to spread out your payments instead of paying a large bill all at once. With a fixed loan payment, you can expect to pay the same amount each month. You also have the option to pay off your loan early at any time without prepayment penalties.
We understand that some customers cannot afford to wait weeks to repair their vehicle. Having the funds to repair your car when you need it can help keep your daily routine running smoothly. Our personal loan providers are committed to helping you find a personal loan for your needs and budget in a timely manner. Don’t let a car repair slow down your life. Apply for a personal loan today.
Save time using our simple loan search process
Our clients love how easy our process is and the time they save by using MoneyMor. Our lenders are ready to provide the funds you need for your next home renovation project.
Great job, MoneyMor. I don’t usually leave comments or reviews on sites, but in this case, I felt it was necessary. I’ll come back here if I need to borrow again.
María E.
Downey, California
Improve and maintain your vehicle.
Transmission repair
Buy new tires
Engine replacement
Bodywork repair
General maintenance
Other important repairs
Details about Vehicle Repair Loans
A vehicle repair loan, sometimes referred to as auto repair financing, is designed to assist with the costs of car and vehicle repairs. Without extended warranties, collision coverage, or substantial savings in an account, sudden expenses such as replacing broken parts or repairing accident damage can strain your finances, especially if you need to drive to work every day.
Unsecured personal loans are a reliable option to pay for vehicle repairs. You can apply for a personal loan at a bank or credit union, but online lenders tend to provide funds more quickly and with fewer requirements. Generally, you will receive a response within minutes or hours, which is helpful if you need to repair your car immediately. With unsecured personal loans, interest rates are usually fixed. This means that your payment amount will not fluctuate with the market, and your interest rates will remain steady.
Pros and Cons
Loan terms often span from two to three years, making monthly payments lower. However, remember that the longer you take to repay the loan, the more interest you will pay over time for your vehicle repair loan.
Pros:
Online lenders may offer lower rates and more competitive fees than savings and loan associations or credit unions. Financing is generally quick, which helps when your car is not running. Long loan terms can make it easier to manage your monthly payments.
Cons:
It can be difficult to obtain a personal loan with poor credit. If you do manage to get one despite a low credit score, expect to pay a higher interest rate on the borrowed money.