It’s hard to be prepared for an emergency, and if your car breaks down, it’s not unusual to become panicked. A direct Car Repair Loan from Swoosh, not to be mistaken with a car loan, is an emergency loan of up to $5,000 used to fix your car. These small cash loans are there for when disaster strikes, helping you get back on the road sooner. 

Do car repair loans exist?

Yes! You can apply online today with Swoosh NZ to get a loan to fix your car. Our secured small cash loans range between $2,000-$5,000.

Emergency car repair loans

There is nothing worse than needing your car ASAP and not having the cash on hand to get it repaired. With an emergency cash loan from Swoosh today, you can get back on the road faster. Even if you have poor or bad credit!

Get a car repair loan in NZ | Swoosh Finance

Can I get a loan for auto repairs?

When you need money urgently for car repairs, you don’t want to go through a difficult loan process. We are all about making finance simple, easy, and fast! As long as you meet our four simple criteria, you can apply now to get cashed up ASAP.

At least 18 years old

New Zealand permanent resident

Employed for at least 3 months*

Own a vehicle registered in your name**

*Earning a minimum of $400/week

**Vehicle will be used as security for the loan

How to get a loan for car repairs

Our fast approval process is 100% online. Just follow these three easy steps and you’ll have the cash in your bank account in no time:
  1. Complete our online loan application in just minutes.
  2. We review your bad credit loan right away.
  3. Electronically sign the contract and the money will be deposited directly into your bank account the same day!*
*For contracts returned at or after 4pm (NZDT), funds will be transferred overnight.

Get back on the road with a quick car repair loan

Rates and fees

Swoosh Finance is all about simple, easy finance. That’s why we’re upfront about our rates and fees. You know what you are dealing with before you make any decisions.

Interest is calculated daily, based on the outstanding balance, and is applied monthly to your account. Our small car repair loans have fixed interest rates, so you know exactly how much you’ll be paying for the entire loan term.

If a scheduled payment is returned unpaid, we may issue a $40.00 debit dishonour fee. This fee is not subject to interest, though you’ll continue to pay the usual interest charges as described.

Online cash loan amount $2000-$5000
Application fee $0
Standard establishment fee $200
Account maintenance fee $10 per month
Other fees $25.30 (included in loan)
Annual Interest 48%
Term length 12 Months
Flexible repayment options Weekly, fortnightly, or monthly (based on your paydays)
Loan type Secured (against vehicle)

Loans for car repairs with bad credit

Can I get a car repair loan even with bad credit? Yes, it is possible! We understand that bad credit isn’t always an indicator of where you’re at today, and we have an evaluation process that takes this into consideration.

For those who find themselves in a financially secure position after a history of bad credit, it can prove very difficult to secure a standard loan. So, by looking into the ‘here and now’ of your financial situation, we’re able to offer a bad credit loan to those who have been impacted by poor credit in the past.

We offer our loans after evaluating current bank statements, assessing whether you have the ability to repay the loan now, not one year ago or some other time in the past. This way, you can get an emergency car repair loan with bad credit, helping you back on the road.

Car repair loan FAQs

We pride ourselves on our same day loans, and our online loan application takes only minutes to complete. Once received, we can get you the money you need on the same day* – on standard business days, this could be as quick as an hour.

In many cases, you can apply for your small cash loan today and receive the funds in your account before the day is done. Once a contract is signed electronically, we’ll deposit the funds directly into your bank account.

*Speed of approval is conditional to receipt of all requested relevant documents/information.

Swoosh does not offer no credit check loans for car repairs. Credit checks are an important part of the assessment process and help to protect both the customer and the lender.