The car is essential in the daily life of many people but it is also an essential expense item. In the event of an accident, or quite simply wear and tear, the cost of repairing the vehicle can quickly climb and strain your budget. If no preventive maintenance has been performed, action must be taken. To avoid being on foot or dry, the motorist can take action and call on a loan organization to take out a car loan. It is also possible to obtain one or more social assistance (from CAF for example) depending on your financial situation. Some procedures are done entirely online, but others require a physical appointment to be successful. For auto repair financing options this goes perfect.

Car Maintenance: Costly Repairs

All drivers dread the garage mechanic’s estimate in the event of major repairs to their vehicle. Labor and auto parts are increasingly expensive: according to the index, the average labor time including tax exceeded 77 dollars, compared to less than 66 dollars previously.

To avoid unpleasant surprises, it is advisable to maintain your vehicle regularly. But no one is immune from a technical problem. The timing kit, the clutch or the bodywork are among the most expensive repairs to perform. The more the vehicle ages, the more the number of parts to be changed increases and therefore, the greater the sum in dollars to pay.

Car Credit to Finance the Repair of Your Car

No car, no travel, no mobility. Being deprived of your vehicle can have unpleasant consequences on a daily basis on:

• The home-work journey;
• The home-school journey;
• Commissions;
• Hobbies

To quickly initiate repairs to your car, the personal auto loan is the solution. This consumer loan is not only intended for the purchase of the car, it can be used for the repair of the vehicle, by providing an invoice which figures the amount of the repairs. This is the best way to incur a large expense in the short term, without having to tighten your belt. With monthly payments adapted to your budget and your file, you can be sure that the reimbursement will not have a negative impact on your daily expenses.

There is also the repair credit which covers the change of specific parts such as the chassis, the steering or the suspensions.

Financial Aid to Repair Your Vehicle

Beyond the various credits, there are other alternatives for financing your repairs: social benefits. Depending on your situation, you may receive social assistance to finance your car repairs. Some organizations known for car rental can help you finance your repairs.

Social Micro-Credits

If you do not have the opportunity to benefit from any social assistance to finance your repairs, social micro credit is for you especially if you do not have access to the classic banking system of your bank in France. The reimbursement of this social micro credit is spread over a maximum of 5 years and the amount allocated can go up to 12,000 dollars in certain cases. Micro credit is at a reduced rate, which can facilitate its repayment.

In order to benefit from social micro credit, you must prove that this social credit will be used to improve your professional or personal situation. To make the request, you will have to appeal to an association such as the Red Cross or a hostel for young workers.