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Unsecured personal loans can be used for car repair financing. These loans are not tied to your home's equity, however they may have higher interest rates than secured loans.
While convenient, be mindful of high-interest rates, and try to pay off the balance quickly to avoid accumulating debt. If possible, use a credit card with a lower interest rate or look for a promotional 0% APR period.
Some auto repair shops offer financing options for their services. Check with the shop to see if they have any partnerships with financing companies.
Option | Collateral required | Money available within 3 days | Potential loan amount provided | Interest rates | Chances of approval |
|---|---|---|---|---|---|
  Personal Loans |  |  | .svg){kind=small} | | .svg){kind=small} |
 Credit Cards | | |  | | |
 Financing through the Repair Shop | | | | | |
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