Auto Repair Loans
Get your car fixed fast without draining your savings.
Auto Repair Loan Overview
When your car breaks down, you need it fixed now — not in 6 months when you've saved up. An auto repair personal loan puts cash in your hand within 1–2 business days so you can cover transmission repairs, engine work, brake jobs, or any major fix. These unsecured loans don't use your car as collateral, so there's no risk to your vehicle title.
Typical Amount
$1,000 – $10,000
APR Range
7.99% – 29.99%
Term
12 – 36 months
Tips for Auto Repair Loans
Get a written estimate from the mechanic before applying
Compare the loan cost vs the car's current value
For repairs under $2,000, a 0% APR credit card might be cheaper
Some lenders offer same-day funding for urgent repairs
Best Lenders for Auto Repair
| Lender | APR Range | Loan Amount | Min. Score | Funding | Rating | |
|---|---|---|---|---|---|---|
| SoFi Borrowers with good credit who want zero fees | 8.99% – 25.81% | $5,000 – $100,000 | 680 | Same day to a few days | Check Rate | |
| LightStream Excellent credit borrowers wanting the absolute lowest rates | 7.49% – 25.49% | $5,000 – $100,000 | 700 | Same day (with bank account verification) | Check Rate | |
| Upgrade Fair-credit borrowers who want flexibility and joint applications | 9.99% – 35.99% | $1,000 – $50,000 | 580 | 1 – 5 business days | Check Rate | |
| Best Egg Good-credit borrowers who need fast funding | 8.99% – 35.99% | $2,000 – $50,000 | 640 | Same day to next business day | Check Rate | |
| Avant Borrowers with average credit (580–700) who need fast funding | 9.95% – 35.99% | $2,000 – $35,000 | 580 | Next business day | Check Rate | |
| Marcus by Goldman Sachs Good-credit borrowers who want zero fees and payment flexibility | 8.99% – 25.99% | $3,500 – $40,000 | 660 | 1 – 4 business days | Check Rate |
Auto Repair Loan FAQs
Many online lenders offer same-day or next-business-day funding. Some can deposit funds within hours of approval if you apply early in the day.
How much do you need?
Check rates from 200+ lenders — no credit impact.