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Frequently Asked Questions

Auto Repair Loans

Can I use an auto repair loan for regular maintenance or only major repairs?
You can use an auto repair loan from Time Financing Service® for both major repairs and regular maintenance. Whether it’s engine work, new brakes, or routine service like oil changes and tires, your loan can cover the costs that keep your car running safely. Our loans are flexible and designed to help you handle the expected and unexpected. That means you don’t have to wait to take care of your vehicle when something needs attention.
Can I use a loan to pay off an unexpected bill I already received?
Yes. If you’ve already gotten a repair bill you weren’t prepared for, a personal loan from Time Financing Service® can help you pay it off quickly and avoid additional fees from the shop. Once approved, you’ll receive your funds directly and can use them to cover existing or future expenses. It’s a simple, practical way to manage large repair costs without putting your finances under strain. We help make those surprise bills easier to handle.
How fast can I get an auto repair loan?
Many customers receive same-day approval and funding**, so you can get back on the road without long delays. The process is fast, local, and straightforward — often completed in just a few hours. Once approved, funds are provided directly to you so you can pay your mechanic right away. Time Financing Service® understands that car repairs can’t wait, and we work to make sure your loan doesn’t either.
**Available in most cases. Some exceptions may apply. Processing fees apply.
Can I apply online or do I need to visit a Time Financing Service® branch?
You can start your application online, by phone, or visit any nearby Time Financing Service® branch in person — whichever is more convenient. The online process is quick and secure, letting you apply from your phone or computer at any time. If you prefer to work with someone face-to-face, our local team members are happy to walk you through the process in person. No matter how you apply, we make it simple to get the support you need fast.
Can I get same-day funding for car repairs?

In many cases, yes — same-day funding** is available for qualified applicants. Once your application is approved, funds can be disbursed the same day, allowing you to pay for repairs immediately. This helps prevent long waits for your mechanic or additional damage to your vehicle. With Time Financing Service®, fast funding means faster peace of mind when unexpected car troubles arise.

**Available in most cases. Some exceptions may apply. Processing fees apply.

Moving Expenses Loans

What is a moving expense loan and what can it be used for?

A moving expenses loan is a personal loan from Time Financing Service® that can help cover nearly every cost that comes with relocating. Many customers use their loan for moving truck rentals, security deposits, packing supplies, storage fees, or temporary housing. The funds can also help with travel costs or replacing essential household items after a move. With flexible personal loans, you can handle the transition smoothly without draining your savings.

How much can I borrow for moving expenses?

Time Financing Service® offers personal loans ranging from $1,500 to $12,000 for moving expenses. The amount you qualify for depends on factors like your income and credit history. Our team works with you to determine a loan that fits your unique financial situation. Whether your move is across town or across the state, we’ll help make it more manageable.

How soon can I get approved and receive the funds?
In many cases, applicants receive same-day** approval and funding, allowing you to access money quickly when moving costs come up unexpectedly. Once approved, funds can be used immediately for any relocation-related expense. This fast process helps reduce stress during what can be an already overwhelming time. With Time Financing Service®, you can move forward with confidence and financial peace of mind.
**Available in most cases. Some exceptions may apply. Processing fees apply.
Can I use a moving loan for apartment deposits or rent?

Yes. A moving loan from Time Financing Service® can be used for apartment deposits, first month’s rent, or other housing-related expenses during your transition. You’re free to use the funds however you need — from covering upfront housing costs to replacing essentials after the move. It’s a simple, flexible way to manage big expenses without relying on credit cards or dipping into savings.

How is a moving loan different from using a credit card?

A moving loan provides a set amount of money with a clear repayment schedule, while credit cards often come with variable rates and revolving balances. With a Time Financing Service® loan, you’ll know exactly how much you owe and when it will be paid off. This structure helps you budget more effectively. It’s a smarter, more predictable way to handle the costs of moving.

Debt Consolidation Loans

What is a debt consolidation loan?
A debt consolidation loan is a smart way to take control of your finances by rolling multiple debts—like credit cards, medical bills, or other loans—into one simple monthly payment. Instead of juggling different due dates and interest rates, you take out a new loan to pay off your existing balances. This can help you stay organized, reduce stress, and may even save money in the long run. While it won’t erase your debt, it does make repayment easier and gives you a more straightforward path to becoming debt-free.
Is it worth getting a loan to consolidate my debt?
Deciding whether to get a loan to consolidate your debt really comes down to your personal financial situation and how you plan to manage it. Debt consolidation can be a smart move if you’re juggling multiple payments and want to simplify things. It turns several bills into one easy monthly payment and could even save you money in the long run. That said, it’s important to carefully review the loan terms and fees, and to stay disciplined with your spending. If you keep using credit cards or add new debt after consolidating, it might leave you in a tougher spot. But used the right way, a debt consolidation loan can bring real relief and help you take back control of your finances.
What is the difference between a personal loan and a debt consolidation loan?
A personal loan is a versatile loan you can use for just about anything—whether it covers medical bills, renovating your home, or even funding a vacation. On the other hand, a debt consolidation loan is a special kind of personal loan designed specifically to combine multiple debts, like credit cards, medical bills, or other loans, into one easy-to-manage monthly payment. The goal of a debt consolidation loan is to simplify your finances. While both loans work in similar ways when it comes to repayment, a debt consolidation loan is usually a strategic tool to help you tackle and pay off debt more effectively.
What can I use a debt consolidation loan for?

A debt consolidation loan from Time Financing Service® can be used to combine revolving debt into one manageable monthly payment. This includes things like:

  • Credit card balances
  • Medical bills
  • Personal loans
  • Buy Now, Pay Later accounts (like Affirm, Klarna, etc.)

The goal is to help you simplify your finances and take control of your budget with a single, predictable payment.

What do I need to be approved for a debt consolidation loan?

To be approved for a debt consolidation loan with TFS, you’ll need to meet a few basic requirements:

  • Valid government-issued ID
  • Proof of income (such as recent pay stubs or bank statements)
  • Proof of residency in our lending area.
  • A list of the debts you wish to consolidate

We look at more than just your credit score—we take the time to understand your full financial picture. Our process is designed to be fast, simple, and personalized to your unique situation.

Emergency Loans

What is an emergency loan?
An emergency loan is a personal loan designed to cover urgent expenses, such as medical bills or car repairs. Time Financing Service® offers fast, flexible emergency loans to help you manage unexpected financial challenges.
What can I use an emergency loan for?
You can use an emergency loan for urgent needs like medical expenses, home repairs, or car breakdowns. Time Financing Service® provides funds to cover a wide range of unexpected costs, ensuring financial relief when you need it most.
How fast could I get approved for an emergency loan?

With Time Financing Service®, emergency loan approvals can happen as quickly as the same day**, depending on your application and documentation. Our streamlined process ensures you get funds fast.

**Available in most cases. Some exceptions may apply. Processing fees apply.

What do I need to apply for an emergency loan?
To apply for an emergency loan, you typically need proof of income, identification, and proof of residency in our lending area. Time Financing Service® makes the application process simple, with clear requirements and fast processing.
Can I use a personal loan for emergencies?
An emergency loan is a type of personal loan designed for urgent needs, often with faster approval and funding. Personal loans may have broader uses and longer terms. Time Financing Service® tailors emergency loans for immediate financial relief.
How much can I borrow with an emergency loan?
The amount you can borrow depends on your income, credit, and lender policies. Time Financing Service® offers emergency loans ranging from $1,500 to $12,000 to meet your needs.

Medical Loans

What is a medical loan?
A medical loan is a type of personal loan used to cover healthcare costs, such as surgeries or dental procedures. Time Financing Service® offers personal loans to help you manage medical expenses with affordable terms.
What can I use a medical loan for?
Personal loans can cover expenses like hospital bills, elective surgeries, or dental work. With Time Financing Service®, you can use these loans to address a wide range of healthcare needs.
How is a medical loan different from a credit card or payment plan?
A medical loan is a personal loan with fixed interest rates and predictable payments, unlike credit cards, which may have variable rates. Unlike payment plans, medical loans provide a lump sum upfront. Time Financing Service® ensures competitive rates for personal loans.
Are medical loans covered by insurance?
Medical loans are not typically covered by insurance, as they are personal loans used to pay for out-of-pocket medical costs. Time Financing Service® helps you bridge the gap for expenses insurance doesn’t cover.
Can you use a medical loan for medical equipment or medication?
Yes, personal loans can be used for medical equipment, prescriptions, or other healthcare-related expenses. Time Financing Service® supports comprehensive medical financing to meet your needs.

Wedding Loans

What is a wedding loan?
A wedding loan is a personal loan designed to cover wedding-related expenses, such as venue costs or catering. Time Financing Service® offers wedding loans to help you create your dream wedding without financial stress.
Why would I take out a wedding loan?
A wedding loan helps you cover upfront costs for your big day, allowing you to spread payments over time. With Time Financing Service®, you can finance your wedding while maintaining your savings.
What expenses will a wedding loan cover?
Wedding loans can cover costs like venues, catering, attire, or photography. Time Financing Service® provides flexible funding to ensure

*All loans subject to the current credit policy of Time Financing Service®.
**Available in most cases. Some exceptions may apply. Processing fees apply.