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Can't Afford Car Billings MT

If you can't make car payments and in danger of having your car repossessed, you might have some options. Learn what you can do to save your car and your credit.

AutoLoansInMontana.Com
Helena, MT
 
Montana Title Loans
(406) 651-8191
2341 Broadwater Ave
Billings, MT
 
Advance America Cash Advance
(406) 254-6800
1749 Main St Ste B
Billings, MT
 
Farm Credit Services
(406) 651-1670
Billings, MT
 
Square One
(406) 254-1635
1010 Grand Ave Ste D
Billings, MT
 
Mile High Chrysler Jeep Dodge Kia
(406) 282-3082
3883 Harrison Avenue,
Butte, MT
 
Northside Pawn
(406) 896-0333
2209 1st Ave N
Billings, MT
 
Advance America Cash Advance
(406) 655-9080
2346 Grand Ave
Billings, MT
 
Home Owners Mortgage Equity
(406) 256-1177
801 15th St W
Billings, MT
 
Title Cash of Montana
(406) 248-6003
2101 Grand Ave
Billings, MT
 

Can't Afford Car

In a tough economy when jobs are being lost and finances are tight, it is often a struggle to make car payments. Many people find themselves in a situation in which they are behind on car payments and can no longer afford their car — or can't afford payments to buy another car (see ).

Cars are being repossessed and returned to banks and finance companies at an alarming rate. Even when people can no longer make payments and voluntarily return their cars, they find it doesn't solve their problems. In fact, it often makes the problem worse. Problems are especially acute for people with upside down loans – they owe more than their car is worth.

If you arrived at this page because you are looking for repossessed cars for sale or auction, see our article, .

To stop making payments on a car loan, or having missed a series of payments, puts the car loan in "default." The definition of "default" can vary between lenders, but it is always defined in the loan contract. It defines the conditions under which a loan goes into default and what can happen as a result.

Let's take a look at the problem and examine some possible solutions.

Refinancing your car loan or lease
Many people feel that if they could just get a little lower monthly payment, they could keep their car and continue paying off their loan or lease. One way, they feel, is to refinance their loan or lease. It seems to work with home mortgages, so why...

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