Whether you need money to buy a car, repair your existing vehicle, or refinance a high-interest auto loan, a personal loan from Longleaf Finance could be the solution. Our flexible fixed-rate auto loans can be used for purchases, refinancing, and repairs, as well as countless other cash flow needs.
How Personal Loans Can Be Used
Personal loans are repaid in regular monthly installments. This type of financing may help repair damaged credit without the high interest rates and fees of a traditional credit card. In addition to auto-related expenses, installment loans can be used for the following:
- Home improvements
- Vacations and travel
- Recreational vehicle, all-terrain vehicle, or motorcycle purchase
- Boat purchase
- Life events such as weddings, funerals, and medical costs
- Debt consolidation
Auto Refinance Loans
If you have a high-interest auto loan with large monthly payments, you may be able to lower your bills with a personal auto refinance loan. When you’re approved for a personal loan, use the funds to pay off your existing loan. Depending on your current situation, you may be able to lower your payments by extending the loan term, lowering the interest rate, or both.
Auto Repair Loans
Does your vehicle need repairs you can’t afford? Upgrade your current car with a personal loan for auto repairs. Whether you need a transmission overhaul or parts for a project, this type of loan can get you the funds you need to get your ride back on the road. You can also use it for cosmetic changes that aren’t covered by insurance, like a new paint job or full detail.
Car Purchase Loans
When you are shopping for a used car, it can be challenging to find something reliable on a limited budget. Get the trustworthy transportation you need by supplementing your funds with our personal loan program. Instead of relying on high-interest car loans offered at the dealership, start shopping with the peace of mind of having a loan approval in your pocket. Once you find the right car, it serves as collateral for the loan. Fixed monthly payments help you stay on budget and a solid repayment history will work in your favor with the three major credit bureaus.