woman is approved for an online payday loan

An Online Payday Loan Can Help Pay For Emergency Car Expenses

Emergency car expenses can easily set you back about a few hundred dollars, and if you don’t have enough cash in your emergency fund, an online payday loan from Fast Payday Loans, Inc. can come in handy.

Keep on reading to find out how much the most common car repairs might cost you and how a payday loan can help you pay the bills.

What Are the Most Common Car Repairs?

Here are the most common issues that the majority of car owners would have to deal with at one point or another:

Starter Replacement

If your vehicle is refusing to turn on, the starter motor might be the problem. This element would typically go for several years without any issues, but there might come a day when you would have to replace the part for $420-$580.

Timing Belt Replacement

The belt is extremely vulnerable to wear and tear, so the part has to be replaced regularly before it causes damage to other elements. The replacement of the timing belt can cost you up to $800, but if you fail to do that early enough, you might have to deal with damaged valves, pistons, connecting rods, camshafts, and so on.

online payday loan can help pay for emergency car expenses

Alternator Replacement

This element has to be replaced every 50,000-100,000 miles. If it dies, the vehicle’s whole electrical system will go down as well, so spending $600-$800 to replace the alternator would definitely be worth it.

Engine Control Module Replacement

The ECM is a vehicle’s crucial part that controls the engine’s essential ‘ingredients’. It can easily get damaged, if you jump start the car incorrectly or short out something during a DIY project. A new ECM can cost you nearly as much as a laptop (around $1,000).

Radiator Replacement

Individuals who prefer not to use high-quality antifreeze have to deal with such a repair quite often. If the radiator stops operating correctly, the engine will overheat which, in its turn, can cause a plethora of other issues. The replacement of this vital part can cost you $1,000-$1,200.

Such issues as a faulty battery and damaged wheels are also incredibly common, but, thankfully, it would rarely cost you more than $200 to fix the problem. However, in some cases, individuals might struggle to find even an extra $100 for an urgent repair, and that’s exactly when you may want to consider going for a payday loan.

How Can An Online Payday Loan Help?

You Can Get Up To $1,000

With an online payday loan, you can get qualified for anywhere between $100 and $1,000. The exact amount would depend on how much you earn and your ability to repay.

You’ll Receive The Money Fast

If you rely on the vehicle in your daily life, a payday loan can become a convenient way to deal with the repair as you’ll get the money as soon as the same or following bank day if approved.

You Wouldn’t Have To Put Up Collateral

You will most likely get declined for a title loan if your car is damaged. A payday loan, on the other hand, is an unsecured lending option which means that you wouldn’t have to put up any form of collateral to receive the money.

approval process of payday loan

How Does An Online Payday Loan Work?

With Fast Payday Loans, Inc., you might qualify for a loan in as little as 30 minutes. And the best part is that you wouldn’t even have to leave your house to complete the process!

If you opt for our online payday loan, you will be able to provide all the necessary information over the phone. Simply prepare your ID, most recent pay stub, and a blank check from your checking account, and the friendly representative will verify your documents and guide you through the final steps. As simple as that!

By the way, we are ready to consider any credit situation, so don’t let a non-existent or bad score stop you from receiving the money you urgently need. 

Get Your Fast Cash Today!

Emergency car expenses always take us by surprise and, unfortunately, more often than not, they are quite expensive. If you don’t have the extra cash to take care of the repair, an online payday loan can become your quick and easy way out.

At Fast Payday Loans, Inc. we understand how important it is for you to get your hands on the money as soon as possible. With us, you can complete the whole process over the phone and get the cash to deal with your emergency the next business day or even today. Get a step closer to receiving up to $1,000 in the shortest timeframe by filling out our online form right now!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.