Many financial experts recommend having at least three to six months’ worth of expenses in an emergency fund. But if you don’t have the funds set aside for unexpected car repairs, you could be looking at a big financial setback if you get into an accident or your engine blows. A recent survey of 1,000 U.S. adults revealed that 58% cannot afford over $1,000 for emergency car troubles. When you need wheels to get to work and you’re dealing with a flat tire or engine problems, you need a solution–and fast!
Payday loans, unlike traditional bank loans, might just be the speedy solution you’re looking for if you don’t have an emergency fund. If you’re looking into payday loans, car repairs, or no credit check auto repairs, Max Cash? specializes in helping you get connected to payday loans when you need to get your car back on the road ASAP and you don’t have strong credit.2 5
How to Pay for Car Repairs With Absolutely No Money
It’s easy to stress out when you have no cash on hand and there’s smoke billowing out from under your car’s hood. But you may not need to when there are several different ways to handle car repair costs, even if you don’t have a lot of financial resources or a rich uncle to foot the bill.
Check the Warranty
Before digging into your own pockets, see if the repairs are covered under your warranty or extended warranty first. If your vehicle is on the newer side and is experiencing mechanical glitches or other issues, certain repairs may come at zero cost to you if you take the time to read the fine print.
No warranty? Don’t rule out the dealership, since many offer discounted (or even free) repairs within the first few months of purchasing a vehicle.
Roadside Assistance
Flat tires, dead battery, or in need of a tow? If your insurance company provides roadside assistance (or if you have AAA) and you find yourself stranded on the side of the road, a mechanic will come to your aid to either perform repairs on the spot or tow the vehicle if needed. The best part? It’s totally free or at a reduced cost. To take advantage of these parks, you can sign up for a roadside assistance program that meets your needs.
Check Your Insurance
Unfortunately, your car insurance policy typically won’t cover basic car repairs from wear and tear. But if you get into an accident, the responsible party or your provider can cover the cost of the damage and help you get your car back on the road.
Pay With Your Credit Card
Credit cards can offer fast access to credit, sometimes with 0% APR limited promotions, that you can charge for an emergency car repair and pay off over time. One downside, however, is that if your credit limit is low due to poor credit, using it for car repairs may not be possible.
If these options won’t work for you, a payday loan may offer a solution. If you search for “payday loans car repair near me,” you may get results for lenders in your area for sure, but Max Cash has a quick and streamlined application process you can start right now online by filling out an online inquiry form.
Can You Take Out a Payday Loan to Fix Your Car?
Yes, you can! With payday loans for car repairs, you can secure the cash you need to get back behind the wheel. With some loans, you’re required to use collateral, but since a payday loan is unsecured, all you have to provide is proof of steady income and meet the lender’s requirements to receive funds directly into your checking account, if approved.5 Payday loans cover urgent auto repairs by simply borrowing against your next paycheck. So how does this process work?
- Search for Payday Loan Car Repairs Near Me: Max Cash comes into play here by taking the guesswork out of doing all the research for you. We work with some of the best lenders in the industry! Start your application online or call (833) 207-9052 now.2 5
- We Connect You: After filling out the short inquiry form (and if prequalified) we connect you with a lender offering competitive rates, even if you have poor credit.
- Get Fast Funds5: Once you’ve submitted all the lender’s required documents, funds can be directly deposited into your account or sent via check, whichever is most convenient. Since payday loans auto repairs can be such a streamlined process, you can be back on the road in no time if you qualify!5
Can You Make Payments on Vehicle Repairs?
Paying for the cost of car repairs in one lump sum may be off the table for you, but many auto repair shops have payment plans available to chip away at repair costs over time. Some shops may already have in-house payment plans set up where you can pay in installments without going through third-party lenders.
However, not all shops have plans available, so this is a case by case scenario. If you have poor credit, financing may not be an option. In comparison, you can get payday loans for car repairs with bad credit.
This option can help you bridge the gap in your finances and you can begin the process online without leaving your home (and if your car isn’t running, this definitely helps) with Max Cash today.5
Can I Use Afterpay for Car Repairs?
Buy now, pay later (BNPL) services have grown in popularity recently, with Afterpay being one of the most well-known. But can it be used for car repairs? The answer is maybe, because it depends on the shop and your eligibility. Some repair shops are allowing consumers to book repairs and even potentially make payments with no interest over time.
Basically, you pay the first installment at the initial purchase, then make additional payments later. Your available money to spend depends on your credit history and your income, so you may not be eligible for the full amount needed to repair your car.
Affirm, Klarna, and Zip (formerly Quadpay) offer similar BNPL services, but it’s best to either call or check your local mechanic’s website first before scheduling repairs, especially if you need to go this route in paying for repairs.
No Credit Check Auto Repair Loans
Looking for a payday loan for car repairs with bad credit? You may be wondering if you can still qualify for a loan without a good score.. While many lenders will perform a credit check, you don’t need a perfect FICO score to get payday loans ASAP. If you didn’t budget for your car breaking down, a payday loan can help you borrow a portion of your paycheck to help you get your car rolling again.
The main factors lenders focus on are your ability to pay the loan and your income. So bad credit doesn’t have to be a barrier if you need a loan. As long as your qualifying documents are in place, you can still potentially qualify, even with bad credit.5 If you’re worried about your credit, Max Cash can possibly match you with a lender. Simply fill out the online application form or call (833) 207-9052!
Work With Max Cash for Payday Loans for Auto Repairs
If you need payday loans for car repairs and have no clue where to start, Max Cash is here to guide you through the process and connect you with the best lender for your own unique financial situation. Stop stressing about how to get payday loans for auto repairs and start by filling out a short inquiry form at your convenience. Let Max Cash get you back in the driver’s seat of your finances. Call (833) 207-9052 today 24/7 to speak with an agent!2 5
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