Car Repair Loans Secured Against Your Vehicle

Cars can break down at any time, usually at times that are the most inconvenient. And, repair costs can be expensive and really put a hole in your budget. If you just don’t have the available cash to get your car fixed, why not consider applying for a car repair loan by using any other vehicles you have as security against the loan?

This allows you to spread the cost of the repairs over a maximum of three months and will take the strain off your budget.

Fast Approval

Get your loan approved quickly without barriers.

No Credit Checks

Use your vehicle as collateral.

Secure Storage

Your vehicle is safely stored in our premises.

Flexible Loan Terms

Option to extend after 3 month period.

How Can I Get A Loan To Cover Car Repair & Maintenance Costs?

To get a loan to cover car repair and maintenance costs, you just have to fill in our online application form or give us a call at Hock My Car. We’ll then ask you to supply us with just a few documents that prove your identity and that you’re the owner of the vehicle.

Once we’ve verified your documents, we can approve the loan and ask you to bring your vehicle into our private car yard. Your vehicle will remain in our yard until the loan amount has been fully repaid.

Easy Application Process

Simple and straightforward application process with minimal documentation.

No Hidden Fees

Transparent terms with no hidden fees or unexpected charges.

Improve Credit Score

Timely repayment can help improve your credit score, even if you have bad credit.

Car Repair Loans Secured Against Your Vehicle

Our car repair loans can be secured against any vehicle that you own outright as long as you’re happy to have the vehicle stored in our yard until the loan has been repaid.

If you own more than one vehicle, you can bring your second car in to act as security while you use the loan to have your other car repaired. This means that you won’t be without transport for too long.

Eligibility For Car Repair Loans Against Your Vehicle

To be eligible for a car repair loan, we just ask that you provide us with a few simple documents.

Once we have your documents and have verified that you’re the owner of the vehicle you want to use as security, we can advance you the funds as soon as you bring your car into our secure facility.

Proof of Ownership:

The vehicle’s registration certificate that shows you’re the registered owner (this should be for the vehicle you intend to use as security and have stored in our yard).

Finance Clearance:

Proof that the vehicle you’re using as security is not under any other type of finance.

Identification Documents:

Your personal identification documents such as your driver’s licence, passport, bank statement etc. to use as proof of your 100-point ID check.

Guaranteed Approval And No-Refusal Loans To Cover Car Repair & Maintenance Costs

At Hock My Car, we have a guaranteed approval and no-refusal policy as long as you meet our eligibility requirements and are happy to have your vehicle stored in our private yard.

Your vehicle will be fully secure and looked after until you pay back the loan amount in full. You’re then free to come and collect it again.

Need quick cash?

Apply now for a short-term loan with no credit checks and fast approval.