A loan for car repairs can help you out financially if your car needs some work done. This type of loan can be used for new or used cars and even electric cars. You’ll need to pay the loan back over time, but if you make extra payments, it may cost you less in the end. If you’re interested in applying for a car repair loan, contact us. Let us help you get your car back on the road. Check out our eligible criteria below or start an application

Compare Car Loans

Looking for a car loan? Below are some criteria to consider when comparing different car loan options.

Comparison Rate

The comparison rate is the rate used to compare loan costs. This includes the interest rate and any fees. When you’re looking at different loans, you need to make sure you’re comparing the same loan amount and term before you look at the comparison rates. That way, you can be sure you’re comparing apples with apples to get the best deal.

Interest Rate

This is the rate of interest payable on the loan amount. Depending on the lender, they may charge different interest rates based on the borrower’s risk profile.

Application Fee

This is the fee charged when applying for a loan. Depending on the lender and the loan amount, this could be a percentage of the loan or a flat fee.

Other Fees

This can include monthly service fee, late or missed repayment fee, and any other applicable fees. Make sure that you look at your loan agreement carefully to understand what fees are charged so there are no surprises.

Loan Term

With Credit24, you pay the same interest rate regardless of the term, but a shorter term will reduce the amount of interest you will pay.

Who is Credit24?

Credit24 is a credit company based in Sydney, Australia. We understand that sometimes life happens, and you need a little extra cash to get by. That’s why we offer short-term loans that are convenient, secure, easy, flexible, and entirely online. We also have a team of experts available to answer any questions you have every day of the week. If you need assistance with an Australian car loan for repairs, don’t hesitate to give us a call today.

What Are Credit24’s fees?

At Credit24, we believe in providing a payment structure that is simple and transparent, as well as interest rates that are based on your credit score and financial situation.

Personal Line of Credit $500 to $10,000

  • No establishment fee
  • 24%-48% interest p.a. on the outstanding balance
  • Late fee: $10 per week

For Small Loans $2,000 or Under

  • Establishment fee of 20% of the loan amount
  • A monthly service fee that is 2%-4% of the loan amount
  • Late fee: $10 per week

For Medium Loans $2,001 to $5,000

  • Establishment fee of up to $400
  • 24%-48% interest p.a.
  • Late fee: $10 per week

For Personal Loans $5,001 to $10,000

  • No establishment fee
  • 24%-48% interest p.a.
  • Late fee: $10 per week

Credit24 is transparent with our pricing, so you can be sure that you won’t be caught off guard by any unexpected fees. You will always know exactly how much your monthly repayment will be.

Flexible and Fast Loan for Car Repairs, Maintenance and Modification

Car troubles are always a pain, especially when they come at the most inconvenient time. Registering, repairing and insuring a car can be expensive, so it pays to have a plan B if you find yourself short on cash because of car-related expenses. One way to plan for this unexpected event is to create a savings account that you only use for car-related expenses. This way, you can have peace of mind knowing that you have a cushion to fall back on in case of an emergency.

In case you don’t have a saving buffer, Credit24 is here. We offer loan options from $500 to $10,000. With Credit24’s flexible repayment options, you may find a loan and repayment that suits your budget.

Apply for a Credit24 car loan today to meet unexpected car-related costs. A loan can used for any worthwhile purpose such as car modifications, shiny alloys or car service. If approved, money could be transferred on the same day.

A Car Loan can be approved for

Mechanical Repairs:

  • Engine issues
  • Brake problems
  • Electrical components
  • Car electronics
  • Radiator
  • Cooling system and air conditioning
  • Transmission
  • Shock absorber

Repairing the exterior:

  • Car paint and scratches
  • Smashed or cracked windows
  • Wheels and tires
  • Lights
  • Mirrors

Buying Car Accessories:

  • Dashboard and interior accessories
  • GPS navigators and cameras
  • Roof racks and boxes
  • Tonneau and truck bed covers
  • Hood and grill protectors

Cover Your Annual Rego or CTP Greenslips

Credit24 loans isn’t just for car repairs and maintenance. You may use it to pay for your car registration and CTP as well. The loan from Credit24 is a convenient and simple financing option, regardless of whether you want to stick with your current provider or explore for a new one.

Car Repairs, Rego & CTP Loan Calculator

Use our car repairs, rego & TCP loan calculator to see how much the repayments could be. Select the loan amount and choose weekly, fortnightly or monthly repayments to suit your personal cash flow cycle.


Five Reasons To Get a Car Loan for Repairs

  1. With regular and timely maintenance, your car will remain in better condition. This reduces the possibility of needing to make urgent repairs because of a breakdown. Regular maintenance promotes engine dependability and enhances steering control and tyres traction.
  2. Driving a car that isn’t serviced regularly can be dangerous. What looks good on the surface doesn’t necessarily mean that something isn’t broken underneath. With regular checkups, it it’ll keep your vehicle in good condition. Using an unsafe vehicle could put you, your passengers, and other drivers in danger.
  3. Regular maintenance can help you save money in the long run. Don’t wait for a small problem to become a big problem – this could be a costly exercise.
  4. Looking after your car can help increase its resale value. Car buyers tend to put more value on cars that has been looked after by its owner.
  5. In the long run, keeping your car in good shape will decrease petrol costs.

Why Choose Credit24 for a Car Repair Loan?

Here are some reasons we think our car loan may be a good option for your financial situation:

No Hidden Costs or Fees

Applying for a car loan shouldn’t be an intimidating experience. We make it easy to understand what you’re getting into before you apply. You can see exactly how much you’d pay back per month and how much you will end up owing over the life of your loan. If you aren’t sure about how the pricing works, get in touch with us – we’re always happy to talk through your options.

Flexible Loan Options

Credit24 offers loans from $500 to $10,000 with interest from 24% to 48%. You can make weekly, fortnightly or monthly payments. There is no early repayment fee, and you can save money by making extra repayments if you want to pay off your loan faster.

Easy to Apply

Our quick and easy online application process makes it simple to apply for a car loan for repairs.  Of course, you’re always welcome to talk to our friendly team using online chat or give us a call whatever works best for you. We’re here to help you with your auto loan needs.

You Can Rely on Us

With businesses in 12 international locations, over ten years of experience and over 300,000 satisfied customers, you can be sure that Credit24 is a secure and responsible lender.