- Home
- What people borrow for
- Car repair
Car Repair Loans
The repair that stops you working is the one worth moving on quickly. Borrow $200 to $5,000 with funding as soon as today.
A car repair is the expense that compounds fastest. Without the car you cannot get to work, and without work the repair becomes harder to pay for. That is why we fund repair loans the same day where we can, and why the sensible amount is usually the one that gets the car back on the road rather than the maximum you qualify for.
| Key loan information | Details |
|---|---|
| Loan amount | $200 – $5,000 |
| Term | 14 days to 24 months |
| Representative APR | 17.99% – 400% depending on product |
| Collateral | None required |
| Credit check | Soft inquiry, no FICO® impact |
| Funding | Same or next business day |
| Paid to | Your checking account, not the provider |
Matching the amount to the job
| Repair | Rough cost range | Structure that usually fits |
|---|---|---|
| Battery, alternator or starter | $200–$900 | Payday loan or short installment |
| Brakes, tyres or suspension | $400–$1,500 | Installment over 6–12 months |
| Insurance deductible after a collision | $500–$1,000 | Payday or installment |
| Timing belt, head gasket or clutch | $1,000–$3,000 | Installment over 12–24 months |
| Transmission or engine work | $2,500–$5,000 | Personal loan if you qualify |
Ranges vary widely by vehicle, parts availability and where you live. Get the written estimate first, then borrow that figure plus a small margin, not a round number.
Three things to do before borrowing
- Ask the shop about payment plans. Many independent garages will split a large job across two or three payments, and some national chains offer financing at 0% for a promotional period.
- Get a second estimate on anything above $1,000. The spread between quotes on the same job is frequently several hundred dollars.
- Check whether the repair is worth it. If the bill approaches the value of the car, a $2,500 loan toward a replacement may be the better use of the same money.
If you own the car outright
A title loan can price lower than an unsecured installment loan on larger repairs. It is also the one option where failing to repay costs you the vehicle you were trying to fix, so weigh it carefully.
Other things people borrow for
Medical bills · Rent & utilities · Home repairs · Moving costs · Vet bills
Frequently asked questions
Can I get a loan for a car repair with bad credit?
Yes. There is no minimum credit score. We weigh your income and existing commitments, and checking your rate uses a soft inquiry that does not affect your FICO score.
How much should I borrow for a car repair?
Get the written estimate first and borrow that figure plus a small margin, rather than a round number. Overborrowing on a repair is common and expensive at these rates.
How fast can I get money for a repair?
A decision usually comes within minutes, and funds are sent the same business day if you accept before 11:00 a.m. ET. The money goes to your checking account, so you can pay any shop you choose.
Is a title loan a good idea for a car repair?
It can price lower than an unsecured loan on larger repairs if you own the vehicle outright. The trade-off is that defaulting can cost you the car, so consider the unsecured options first.
Borrow $200 to $5,000 for any purpose
Apply in about five minutes and get a decision in minutes. Checking your rate won't affect your FICO® score.