How To Get Approved For Car Repair Loans (Even If You Have Bad Credit)

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Need a car repair loan with bad credit? You aren’t alone.

If you have no credit or bad credit there are lots of options to still get a car, expensive options! If you have no credit or bad credit there are lots of options to still get a car, expensive options! Buy Here Pay Here lots or high-interest loans are options, but you will end up paying way more for your car than the sticker price. Also, they are usually not the most reliable cars. Those car lots buy cars cheaply from auctions. Vehicles that regular car lots do not want to sell on their own lots because of the condition of them. They clean them up on the outside and make them look attractive when in reality they usually have mechanical issues.

If your car breaks down and it’s $2000.00 to fix it, most people would put the repair on a credit card if they don’t have a warranty. Unfortunately, that isn’t an option for a lot of people with bad credit or no credit. If you can’t pay your mechanic they will not give you your car back. They can put a lien on the title and no one will buy your car if it is broken down.  If you have a loan on your car the bank or car lot still expect payment whether or not the car is operable. 


There are quite a few high-interest options for people with bad credit, payday loans, title loans(if you own your car). The problem with loans is that they prey on bad credit. You end up paying back 1400% more back if you take the full term to pay it back, then something else goes wrong with the car and you have no options left to pay the repair. I have heard many people say “I will just give the car back”, which is a nice way of saying let it get repossessed.  All of these options will make bad credit even worse. The Buy Here Pay Here lot will still sell you another car with high down payment and no warranty included, and then you have still stuck in the same situation all over again with a new car note. 

The best thing to do if you need a car repair loan with bad credit or no credit is to keep the vehicle you have and make your payments on time, every time.  Getting a warranty is a MUST to protect your budget and ensure that the high cost of repairs does not put you in financial hardship.  When your car breaks down out of the blue and you mechanic hands you a bill, it will be a relief knowing you won’t have to pay them yourself. 

Don’t wait until it is too late! Contact us online or call 1-800-986-3608 and we can help you figure out your loan situation today.

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