Car Repair Loans up to $10,000 | Approved in 60 Minutes*

Apply now for:

Fast Personal Loan

up to $5,000

or

Car Loan

for cars over $10,000

Personal Loan

Car Loan

I want to borrow $1,000

For loans over $5,000 we recommend utilising your car as security.

Paid back over 9Months

Estimated repayments:

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Car Repair Loans

Emergency car repair loans with Nifty

Whether it’s your car registration, an unexpected flat tire or a major repair job, Nifty has you covered with our emergency car repair loans. As one of Australia’s fastest-growing unsecured, short-term loan lenders, we have the ability to meet all of your car repair needs. 

Nifty Loans offers fast cash loans for car repairs up to $10,000. This can be a good option for you when car repairs are going to put a strain on your budget. Why create the unneeded stress? We could have a loan option that suits your needs.

What services do car repair loans cover?

Quick personal loans for car repairs can cover the following emergency maintenance and repairs costs:

  • Smashed window repairs
  • Scratch or dent repairs
  • Paint damage repairs
  • Interior or upholstery repairs
  • General auto repairs 

Who can apply for car repair loans?

If you wish to apply for a cash loan for car repairs with us, there are a few eligibility requirements that you must first meet:

  • You’re at least 18 years old
  • You’re an Australian citizen or Permanent Resident
  • You have had a consistent income into your bank account for the last 90 days
  • You have an active email address and mobile number
  • You have internet banking set up

Documents required

In order to ensure your application can be processed swiftly, please ensure you have these documents available when you apply.

  • 100 points of identification
  • Your basic personal information (name, D.O.B, address etc.)
  • Online banking login details (so we can access read-only copies of your bank statements)
  • Your myGov details (if you receive Centrelink benefits)
  • The reason for your loan application

Car repair loans with bad credit

Worried that your credit score will stop you from accessing a car repair loan with Nifty? We will not deny your application solely based on your credit history. We must conduct a credit check as it’s required by law but we’ll generally put more focus on other factors like your income and spending. 

We have been able to help thousands of Aussies with bad credit. If you’ve been denied by a bank or other traditional lender, Nifty is ready to give you the fair go you deserve. Apply online for one of our bad credit loans up to $10,000 today. 

How it works

Ready to apply for a short-term auto repair loan? All you need to do is use our 100% online, paperwork free application. It couldn’t be easier to follow these simple steps:

Step one: Apply online

Use our loan slider to select the amount you want to borrow. Once you’ve done this, click ‘Apply Now’ and fill out the rest of our online application.

Step two: We assess your application 

Once we have received your completed application, along with your supporting documents, we will begin processing. We will aim to get back to you within 60 minutes* (if you apply within our business hours).

Step three: Review and sign your contract

If your application is approved, we will send a copy of your contract to you electronically. We encourage you to read all the terms and conditions and make yourself familiar with any fees or charges you could incur with late fees etc. Once you’re happy, sign your contract and send it back to us.

Step four: Receive your money

Once we receive your signed contract, we will transfer your funds straight to your account. Depending on which bank you are with, you could have your money within just 60 seconds**.

FAQs

Still have questions about our auto repair loans? These are the answers to some of our most frequently asked questions.

Can I get a car repair loan with bad credit?

We will look at things other than just your credit history. We also look at your bank statements before making a decision on whether we believe a personal loan is the right thing for you. If you have bad credit, but your relationship with money has improved, we may still be able to provide you with a loan option to suit your needs.

Can I get a car repair loan if I’m on Centrelink?

We consider most Centrelink income as regular income. We just need to be able to see a consistent income into your bank account for at least 90 days to ensure you will be able to manage your loan reports. Every loan is subject to assessment, but if you meet the rest of our requirements, you may be suitable for a car repair loan with Nifty.

Do I have to secure my loan with my vehicle?

This will depend on how much you are borrowing. We offer unsecured loans from $500 to $2,000. If you are borrowing within this range, you will not need to offer your vehicle as collateral. However, if you wish to borrow more than $2,000, you will be required to attach an asset of value as security.

Why do you need my bank statements?

We use third-party encryption to look at your bank statements so that we can assess your income and spendings. We use a bank statement service, Credfin, to assess your current financial situation as a whole before deciding whether a personal loan is right for you.

Will you pay the mechanic directly?

No, we will pay you directly. We will deposit the money straight into your bank account. You will need to transfer funds to your mechanic yourself to pay for your car repairs.


Andy Andy

AUTHORITATIVE SOURCE

Andrew Bell

Since founding Nifty in 2016, Bell has continued to make waves within the local financial sector for his continued ambition and willingness to adopt emerging technologies.

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Loan Costs

Large Loans

Large Loan Example

$5,000 - $10,000

Loan amount:
$5,000
Terms:
9 - 24 months
Establishment fee:
Variable
Monthly Fee:
$0
APR:
21.24%
Comparison Rate:
48%**
View Example
Loan amounts:
$5,000
Terms:
18 months, (78 weekly repayments)
Establishment fee and Total Interest:
$1,897.54
Total payable:
$6,897.54
Weekly installments:
$88.43
View Loan Details

Medium Loans

Medium Loan Example

$2,001 - $4,600

Loan amounts:
$2,001 - $4,600
Terms:
9 - 24 months
Establishment fee:
$400
Monthly Fee:
$0
APR:
47.8%
Comparison Rate:
65.86%**
View Example
Loan amounts:
$2,500
Terms:
24 Months, (104 weekly repayments)
Establishment fee:
$400
Total other fees:
$1,609.44 (reducing interest)
Total payable:
$4,509.44
Weekly installments:
$43.36
View Loan Details

Small Loans

Small Loan Example

$500 - $2,000

Loan amounts:
$500 - $2,000
Terms:
12 months
Establishment fee:
20%
Monthly Fee:
4%
APR:
N / A *
Comparison Rate:
138.37%**
View Example
Loan amount:
$1,000
Terms:
12 Months, (52 weekly repayments
Establishment fee:
$200
Total other fees:
$240
Total payable:
$1,440
Weekly installments:
$35
View Loan Details

* Not applicable. Small loans do not charge an annual interest rate.

** WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Different loans may include other payable fees and charges. All fees and charges will always be displayed on your loan contract.