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With security on your personal loan, you could borrow up to $12,0001
Get your vehicle back on the road with a Money3 Car Repair Loan.
Whether it is for road accident repairs, service costs & repairs, body paint work or a breakdown, Money3 could help1. We can also assist with things like new tyres, car registration costs and many more. We offer car repair loans up to $8,000 and unlike other lenders, we welcome applications from people on Centrelink2 or who may have a bad credit mark on their credit file.
Get started by completing the quick contact form above to register your interest and we can get back to you with more details. If you have the time, once this short form is complete, you will be given the option to give us some more details straightaway, so that we can give you your loan approval decision quicker.
Money3 offer both unsecured personal loans and secured personal loans for car repairs, depending on your situation.
1. Subject to verification, suitability and affordability
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Furniture Loans
New Car/ Vehicle| Borrow | Costs | Repay |
|---|---|---|
| $2,500 | $1,310 | $3,810 |
| $3,000 | $1,573 | $4,573 |
| $4,000 | $2,097 | $6,097 |
| $5,000 | $2,621 | $7,621 |
| $6,000 | $3,145 | $9,145 |
| $7,000 | $3,669 | $10,669 |
| $8,000 | $4,193 | $12,193 |
| EXAMPLE: An unsecured personal loan of $5,000 for 24 months has fees and charges totalling $2,621 and a total repayment of $7,621. The Minimum loan term is 12 months and the Maximum term 24 months. The term will be 24 months if you repay monthly, 52 fortnights or 104 weeks. The Maximum APR is 29.50%. The Comparison Rate, based on a loan of $5,000 over 24 months, is 45.43% EXAMPLE: A secured personal loan of $8,000 for 24 months has fees and charges totalling $4,193 and a total repayment of $11,920. The Minimum loan term is 13 months and the Maximum term 36 months. The term will be 24 months if you repay monthly, 52 fortnights or 104 weeks. The Maximum APR is 27.00%. The Comparison Rate, based on a loan of $8,000 over 24 months, is 42.77% WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Please Note: The chart above refers to unsecured personal loans settled online. Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases. Money3 branches offer different loan products and so different charges are applicable. See your local branch for details. |
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| Please Note: Money3 branches offer different loan products and so different charges are applicable than online. See your local branch for further details. |
Yes you can1. Money3 likes to give everyone a fair go, we will look at your situation afresh, when reviewing your application.
Yes, you can1. We will take your income from Centrelink benefits into account. Your minimum income per week will need to be over $400, in order to qualify with Money3.
Yes we do. When you apply, simply select 'Car Repairs' as the loan purpose and you can confirm the vehicle later in your application. Whether you need repairs on your bike, motorhome or van, we will do our best to assist.
Not necessarily, however depending on the cost of the repairs and your financial situation, we may be able to offer you a larger loan with security on the vehicle.
1. Subject to verification, suitability and affordability