- What is a car repair loan?
- How our car repair loans work
- Responsible lending
- Eligibility
- Rates and fees
- How to apply for a car repair loan
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What is a car repair loan?
Whether you’ve been involved in a car accident, need quick service, or you are experiencing some unexpected mechanical issues, a car repair loan from Red Tree Finance can help you get out of a tough situation. To apply for this quick cash loan, all you need to do is fill out our 100% online application form (that takes less than 5 minutes) and you could receive the funds in your bank account within 1 business day.
Our car repair loans are very flexible and can be used for some of the following things, just to name a few:
- Car services
- Body repairs
- Air conditioning
- Brakes
- Computers
- Steering
- Engine
- Additional car accessories (mirrors, roof racks)
How our car repair loans work
To make the application process as easy as possible, we have created an 100% online application form that can be filled out anytime, from anywhere in Australia! We only require minimal documentation to assess your suitability, and you will receive a decision within 2 business hours! It’s really that simple.
Apply within minutes
Red Tree Finance offers an easy to complete, 100% online application form. We’ve timed the process and it takes less than 5 minutes to complete! Plus, to make things even easier, we will only ask for the minimal documentation to assess your suitability. This means you won’t need to go out of your way to gather hefty amounts of paperwork.
A fair decision in 2 hours
Once you have submitted your small loan application, our team of Australian-based loan assessors will carefully review your application to assess your eligibility. We don’t believe in computer-generated systems, instead you will get a fair go and receive an outcome in just 2 business hours! As responsible lenders, we will carefully consider your personal circumstances to recommend the best option for you.
Pay your way
To make your repayments easier, we offer the ability to align your repayments with your pay days. This means no more stressing about money coming out when it hasn’t come in yet. Choose from weekly, fortnightly, or monthly repayments.
Commitment to responsible lending
At Red Tree Finance, we take our lending responsibilities seriously. Our experienced team of Australian-based assessors will only recommend a loan we believe you can repay. We will assess each individual application on merit to decide whether a loan is the best option for you. We practise responsible and trustworthy lending, always.
Am I eligible to apply for a car repair loan in Australia?
You are eligible to apply for an emergency car repair loan if you meet all of the following criteria:
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Are at least 18 years old
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Are a permanent resident of Australia or valid visa holder
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Own an unencumbered vehicle registered in your name
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Have been employed for at least 3 months
Car repair loan rates and fees
With Red Tree Finance, you won’t need to stress about any extra fees and charges. All your quick car repair loan amounts and fees are listed out below.
Online cash loan amount
$2,100 - $5,000
Application Fee
$0 (even if your application is not approved)
Standard establishment fee
$400
Other Fees
$20 (included in loan)
Annual Interest
47% (Comparison Rate 66.0347%)*
Loan term
12 Months
Flexible repayment options
Weekly, fortnightly or monthly (based on your payday)
Direct debit dishonour fee
$35.00 debit dishonour fee may be issued if a scheduled payment is missed or returned unpaid
How to apply for a personal loan for car repairs
Our super easy & fast car repair loan application can be completed in less than 5 minutes. It’s as easy as 1-2-3.
01.
Complete your application in less than 5 minutes.
02.
A member of our assessment team will personally review your application.
03.
Once reviewed, you’ll receive your outcome within two hours of submitting your application.
The information provided here is of a general nature and is provided without considering your specific objectives, financial situation, or needs. It is intended for informational purposes only and should not be relied upon as financial, investment, or other professional advice.
Before making any financial decisions or taking action based on the information presented, you are strongly encouraged to assess its appropriateness in light of your individual circumstances. Red Tree Finance does not intend to provide personalised financial advice, and you should seek independent financial, legal, tax, and other relevant advice tailored to your unique situation.
Frequently Asked Questions
See AllAt Red Tree Finance, you can borrow up to $5000 with any personal loan. This allows you to easily cover those small to large car repairs.
If you want to keep ahead of your car repair loan repayments, simply contact us today.
Applying for a car repair loan with Red Tree Finance couldn’t be easier. Simply fill out our 100% online application form (from anywhere, at any time) and we will get back to you with an outcome within 2 business hours of submission.
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