Most of us will find that one day our vehicle will break down and we may not have the funds to fix the vehicle. A loan for vehicle repairs is a loan that one takes to help them pay for auto repair and or other transportation expenses. So, this money that one borrows can either be used for out of pocket transportation costs or for paying any outstanding balance on their car but it is must be used for such things within a specified time period.
A Personal loan might be able to help you take care of the situation you are in. Either it be short term or long term it will provide you with the funds. Be careful not to borrow more than you can pay back.
Loanspot.ca has lenders in your area that will help you obtain a personal loan if you are in this situation. To see more click below!
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Disclaimer: Loanspot.ca is a lead referral company, not a lender. Loanspot Inc. only works with financial service providers that adhere to Canadian laws and regulations. Loans range from $500-$50,000 with terms from 4 months to 60 Months or longer. APRs does range from 1.99% to 46.96% and will depend on our partner's assessment of your credit profile. For example, on a $500 loan at 19.99% paid monthly over 12 months, a person will pay $46.31 per month for a total of $555.78 which includes interest over the course of the entire loan period. This example does not include if the lender has applicable fee's to be added on. In the event of a missed payment an insufficient funds fee of around 45$ may be charged (dependent on the lender). In the case of a default on your loan your payment plan will be terminated and different collection methods will be employed to collect your remaining balance. Outstanding debts will be pursued to the full extent of the law. Our lenders employ fair collection practices. All loans are subject to credit and underwriting approval by our lenders.
