Balance Credit Logo

Car Repair Loans

Personal Loans for Car Repair

If you rely on your car for work — and life — you know you have to keep it running. When it breaks down, what if you can’t afford to fix it?

The average car repair bill runs from $500 to $600, and about one in three drivers can’t pay it without going into debt. If this sounds familiar, you’re not alone. If you need car repair financial assistance, see if you’re eligible for a loan from Balance Credit today.

Car Repair Loans

For life's little emergency, count on Balance Credit and consider it done.

How Can I Use a Personal Loan for Car Repairs?

Let’s face it, cars are complex machines. That’s one reason 68% of vehicles on the road need repair and a quarter of Americans think their car is moments away from a problem. If you don’t feel confident fixing the vehicle yourself — and you would be in good company — you have to pay the mechanic or head to the dealership.

A personal loan from Balance Credit might make all the difference. With a loan ranging from $100 to $5,000, you can use the money for various types of car repairs:

  • Buy new tires for winter
  • Replace brake shoes and rotors
  • Fix the car after a collision

Addressing car problems as they arise — instead of putting them off until they become a crisis — can help keep your life on schedule and may minimize the overall cost of repairs.

Frequently Asked Questions

When your car is showing signs of a major problem, you may not have a lot of time to decide what to do. That is why Balance Credit makes the application process simple. Give us a few minutes of your time and some information. Many of our customers get a response right away. If you’re approved for one of our personal loans, you may be able to get the money you need to pay the mechanic in as quickly as 24 hours.

Is your credit less than perfect? If you have bad credit, you might think that you can’t get a personal loan to fix your vehicle. That may not be the case. Not everyone who applies for a loan with Balance Credit gets approved, but our simple application process makes it easy to check your eligibility. Plus, unlike a title loan for bad credit, you’re not putting your car on the line.

If you’re stuck in a difficult financial situation, you need a company that’s transparent and dependable. We offer easy-to-understand terms and there’s no penalty if you want to pay off a loan early. We believe we offer great service with reliable terms, but our customers, such as Jose C., tell it best. In November 2019, he said, “Awesome! I’ve been with them for years now.”

Need an Emergency Car Loan? Apply Today!

You won’t always need a personal loan to keep your finances on track. If you do, however, knowing that Balance Credit is here can take away a lot of stress. Apply now to see your eligibility.

“Balance credit has been a tremendously help on all occasions. They have treated me so well and their loan options are the best when your credit score is not average. I have paid of my loan and have reapplied more than twice. This should suffice how well their customer service is. I would most definitely recommend Balance Credit to my friends and family."
Balance Credit
Alyssa G.