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Can't Afford Car Buckley WA

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.

Meridian Collision Center, Inc.
(253) 848-2364
15724 Meridian E
Seattle, WA
 
BMW Northwest, Inc
(253) 922-8700
4011 20th St E
Tacoma, WA
 
Burns Auto Body Collision Center
(253) 474-7656
6454B McKinley Ave.
Seattle, WA
 
Bucky's Muffler, Radiator & Brakes
(253) 473-3773
4802 Pacific Ave
Tacoma, WA
 
Williams Oil Filter Service Co
(253) 627-8163
PO Box 2155
Tacoma, WA
 
Robert Larson's Automotive Group-Mercedes-Benz of Tacoma
(253) 922-6820
4001 20th St E
Tacoma, WA
 
Bucky's Muffler, Radiator & Brakes
(253) 922-3232
4600 Pacific Hwy E
Tacoma, WA
 
Handan II, Inc
(253) 922-8280
1801 Alexander Ave
Tacoma, WA
 
Bucky's Muffler, Radiator & Brakes
(253) 531-5211
13220 Pacific Ave S
Tacoma, WA
 
Alfa of Tacoma
(253) 572-2532
615 Saint Helens Ave
Tacoma, WA
 

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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