Look Into Getting a Personal Loan
Personal loans are designed for individuals of all credit scores and histories. Unsecured personal loans generally have lower interest rates than credit cards, which can make it easier to afford the monthly payment.
One of the key benefits to this option is that you know ahead of time when the balance will be repaid in full and how much interest the lender will receive.
Credit Cards Can Help in an Emergency
Typically, chipped windscreen replacement services are covered by your insurance policy. However, it may be necessary to pay a deductible of $200 or more to have the work done. There may also be a deductible to have other types of repairs made to your vehicle.
If you have good credit, it may be possible to get a new credit card with 0% interest for up to 18 months. This will allow you to pay for the repair over several months without putting yourself too far into debt.
Payday Loans Can Help for Small Repair Bills
If you don’t have great credit, payday loans may be an option to help pay for emergency repairs that are less than $1,000. There is no credit check required for loan approval, and you can get the money in a matter of hours or days.
However, it is worth pointing out that the interest rate for such a loan can be extremely high. Therefore, it is a good idea to have a plan to repay the balance before applying for emergency financing.
Get Money from a Friend or Family Member
As with any other financial emergency, you could try asking a friend or family member for help. These individuals may be able to loan you the hundreds or thousands of dollars that you need in a short period of time. Furthermore, they may be more lenient when it comes to paying the money back.
A car that is properly maintained is generally safer to drive, and cars that are properly maintained generally last longer. Therefore, it is important that you have a plan to pay for any repairs that your insurance policy won’t cover regardless of how expensive they may be.
