3 Car Repair Financing for Bad Credit Options (Dec. 2023)

3 Car Repair Financing For Bad Credit Options

The American economy is one that drives; in fact, up to 90% of Americans drive to work. When you need a car to get to your job, it has to remain in good working order or your livelihood is threatened. It’s ironic that frequently those with lowest credit scores are the most dependent on a weekly paycheck and most vulnerable to financial difficulties caused by an inoperative vehicle.

We don’t believe consumers with poor credit should suffer the double-whammy of unaffordable repairs and lost wages. Here we offer solid information about three alternative ways to borrow the money you need to get back on the road. As you explore the article below, you’ll find three car repair financing for bad credit options that include personal loans, unsecured credit cards, and even auto lenders.

1. Personal Loans

Our expert analysts review and rate services that obtain loans for consumers with bad credit. We look at a number of features, including how much you’ll pay in interest, the likelihood that you will be approved, and the reputation of the service. We search for services that look for ways to say “yes!”, unlike most banks and lenders who see a bad credit score and immediately say “no!”

Our top three picks for bad credit personal loan services are:

  • Short-term loans up to $5,000
  • Online marketplace of lenders
  • Funds available in as few as 24 hours
  • Simple online form takes less than 5 minutes
  • Trusted by more than 2 million customers
  • See official site, terms, and details.
★★★★★

4.8

Overall Rating

Loan Amount Interest Rate Loan Term Loan Example
Up to $5,000 Varies Varies

See representative example

  • Personal loans from $500 to $35,000
  • All credit types are considered and welcome
  • Simple, no credit impact form
  • Helping consumers since 2001
  • 4.7 out of 5 Trustpilot rating with 2,000+ reviews!
  • See official site, terms, and details.
★★★★★

4.7

Overall Rating

Loan Amount Interest Rate Loan Term Loan Example
$500 to $35,000 5.99% - 35.99% 60 Days to 72 Months

See representative example

+See More Personal Loans for Bad Credit

All three of these services work with folks who have bad credit or no credit. They provide quick online applications and get you your money right away, usually within 24 hours. The minimum size loan varies from $100 to $2,000, which can come in handy if you need a new transmission or engine.

2. Unsecured Credit Cards

Whether your credit score is fair or poor or you have only a limited credit history, we can hook you up with the top credit cards that offer unsecured credit.

These cards are the most desirable because they don’t require a security deposit. You pay the monthly balance without having to maintain a preset balance in your checking account.

Here is a list of our top three picks:

  • Don’t let a low FICO score stop you from applying – we approve applications others may not.
  • You don’t need good credit to apply.
  • Just complete the short application and receive a response in 60 seconds.
  • When you need assistance our award-winning US-based Customer Service agents are there to help.
  • FICO scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any PREMIER Bankcard® product.
★★★★★

4.8

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
4 minutes See Provider Website Yes 9.0/10
  • You don’t need good credit to apply.
  • We help people with bad credit, every day.
  • Just complete the short application and receive a response in 60 seconds.
  • You can build or rebuild your credit: apply for a PREMIER Bankcard credit card, keep your balance low, and pay all your monthly bills on time.
  • Don’t let a low FICO score stop you from applying – we approve applications others may not.
  • FICO scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any PREMIER Bankcard® product.
★★★★★

4.8

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
4 minutes See Provider Website Yes 9.0/10
  • Earn 3% Cash Back Rewards* on Gas, Groceries and Utility Bill Payments
  • Earn 1% Cash Back Rewards* on all other eligible purchases
  • Up to $1,000 credit limit subject to credit approval
  • Prequalify** without affecting your credit score
  • No security deposit
  • Free access to your VantageScore 4.0 score from TransUnion®†
    *See Program Terms for important information about the cash back rewards program.
    ** Prequalify means that you authorize us to make a soft inquiry (that will not affect your credit) to create an offer. If you accept an offer a hard inquiry will be made. Final approval is not guaranteed if you do not meet all applicable criteria (including adequate proof of ability to repay). Income verification through access to your bank account information may be required.
    † Your credit score will be available in your online account starting 60 days after your account is opened. (Registration required.) The free VantageScore 4.0 credit score provided by TransUnion® is for educational purposes only. This score may not be used by The Bank of Missouri (the issuer of this card) or other creditors to make credit decisions.
★★★★★

4.7

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
7 minutes 29.99% or 36% Fixed Yes 8.0/10

+See More Credit Cards for Bad Credit

The best of these offer cash-back rewards, provide online alerts, and report your payments to the credit bureaus. In just 10 minutes, you can have a new credit card that will be recognized by your car repair shop, no questions asked.

3. Auto Lenders

What do you do if your car is damaged beyond repair and you need an auto loan to get a replacement vehicle? We recommend lenders who specialize in auto loans for people with bad credit. As with all our recommendations, we rate auto lenders based on their terms, reputation, and other important factors.

Our recommended auto lenders specialize in obtaining hard-to-get subprime auto loans. The best ones can get you an auto loan even if you have bad credit, no credit, repossessions, or bankruptcies. You can get pre-qualified in as little as 30 seconds.

Here are the top three recommendations:

  • Network of dealer partners has closed $1 billion in bad credit auto loans
  • Specializes in bad credit, no credit, bankruptcy and repossession
  • In business since 1999
  • Easy, 30-second pre-qualification form
  • Bad credit applicants must have $1500/month income to qualify
  • See application, terms, and details.
★★★★★

4.9

Overall Rating

Interest Rate In Business Since Application Length Reputation Score
3.99% - 29.99% 1999 3 minutes 9.5/10
  • Auto loan amounts of up to $150,000
  • Prequalify in minutes without impacting your credit score
  • Refinancing loans save an average of $191 per month
  • 125% financing available for cash-out refis
  • PenFed Credit Union membership required but can be applied for at the same time as your loan
  • See application, terms, and details.
★★★★★

4.7

Overall Rating

Interest Rate In Business Since Application Length Reputation Score
5.19% and up 1935 5 minutes 9.5/10

3. RefiJet

  • RefiJet helps people lower their monthly auto payment by an average of $150 a month*
  • Pre-qualifying for a refinance auto loan does not impact your credit score
  • Nationwide network of lenders
  • We present you with options from lenders that fit your situation
  • See application, terms, and details.
★★★★★

4.5

Overall Rating

Interest Rate In Business Since Application Length Reputation Score
Varies 2016 5 minutes 9.0/10

We carefully research all of our recommended lending services and give them a precise rating based upon our impartial analysis. If your car is causing you problems, we hope one of these options can be your solution.

Photo credits: blog.capterra.com

Advertiser Disclosure

BadCredit.org is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free for users, we receive advertising compensation from the financial products listed on this page. Along with key review factors, this compensation may impact how and where products appear on the page (including, for example, the order in which they appear). BadCredit.org does not include listings for all financial products.

Our Editorial Review Policy

Our site is committed to publishing independent, accurate content guided by strict editorial guidelines. Before articles and reviews are published on our site, they undergo a thorough review process performed by a team of independent editors and subject-matter experts to ensure the content’s accuracy, timeliness, and impartiality. Our editorial team is separate and independent of our site’s advertisers, and the opinions they express on our site are their own. To read more about our team members and their editorial backgrounds, please visit our site’s About page.