When you’re budgeting for a new car, there are a few expected expenses that you know to include. For instance, you’ll need to factor in the cost of your monthly car payment, as well as money for gas and auto insurance.
However, unexpected auto repairs can throw you for a loop. According to one study, even routine and expected car maintenance costs around $0.09 per mile.
While these costs can be exorbitant, they aren’t exactly unavoidable. You rely on your vehicle for transportation, and you need it to run correctly.
If you need instant cash for your car repairs, there are lenders who can help. Today, we’re sharing the best route to take and how to get started.
When you need money for a car repair, you need it now. You can’t afford to wait while a traditional lending institution reviews your application, only to find that you didn’t qualify and have to start the process all over again.
If you’re like most people, your vehicle is your primary means of transportation. When it goes down, your life temporarily hangs in the balance.
Luckily, there are online lenders who can help you secure a quick loan to cover the costs. Let’s take a look at a few reasons why this is a smart way to go, and how it works.
One of the main reasons to choose quick loans for your car repairs is that the process is fast. When you work with Fast Loan Direct, you can expect the funds to be in your account the very next day via direct deposit. There’s no lengthy waiting period to endure.
This means you can get back on the road quicker, in confidence.
Instant loans are also called installment loans. In short, this means that you can pay back the money you receive over time. You’ll work with your lender to pre-determine the amount you’ll pay each month.
In addition to the money you borrow, you’ll also pay back interest and other fees, which will vary from one lender to the next. You don’t have to agree to a loan until you’re completely satisfied with the repayment terms, so you can rest assured there won’t be any surprises down the road.
It’s as easy and as simple as that. You don’t have to pay everything back in one lump sum. This way, you can still earn an income and keep saving for future repairs while you work toward paying off your current loan.
When you’re experiencing major car trouble, you shouldn’t have to deal with a lengthy, time-consuming loan application process. That’s too stressful and you’re already dealing with enough!
When you apply for a quick loan, the process takes only minutes, and you’ll find out almost instantly if you qualify. You don’t have to wait weeks or even months for the bank or credit union to process your application and review your materials.
All you have to do is fill out our quick online form, submit the documents we request, and you’re done.
In addition to auto repairs, you can also use your quick loan to pay for a variety of other personal expenses, such as home renovations, urgent medical care, or any other type of unanticipated cost. As long as you can meet all of the terms, most lenders will give you flexibility over how and where you spend the money.
This gives you a little more freedom as you move forward!
If your credit score isn’t where you’d like it to be, a traditional lender might think twice about issuing you a loan. In fact, many lenders have a minimum credit score that they require all of their borrowers to have. If you don’t meet that threshold, you will have to seek financial assistance elsewhere.
You don’t want to go through the application process only to be denied at the end. When you work with a quick loan lender, a high credit score isn’t the only way to be approved. While a low score might affect your terms, it doesn’t usually render you ineligible.
This is good news for anyone who needs instant cash but is still working to build up their credit. It also applies if you don’t have any credit at all and have just started to establish it.
We get it! Sharing your personal financial information online can be nerve-wracking. That’s why reputable lenders like Fast Loan Direct will go to great lengths to make sure your data is always secure.
We understand your concerns, and we’ve protected our site and our entire network to be as safe as possible. If you look outside of our network, it’s always smart to ask each lender to explain their approach to data security.
Make sure they have the right practices and protocols in place before sharing any information that you feel is private, sensitive, or confidential in nature.
When you drove away from the car lot, you didn’t anticipate your car breaking down. Yet, the reality is that these things happen. When they do, it pays to be prepared.
If you need instant cash for your car repairs, a quick loan is the way to go. It’s quick, easy, and convenient, and you can get the money you need by the very next day.
At Fast Loan Direct, we’re here to make this step as easy as possible. When you complete our online form, we’ll connect you with trusted lenders in our network. Start here and let’s connect!