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Can't Afford Car Casper WY

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.

Wells Fargo Bank Na
(307) 266-1100
3500 Cy Ave
Casper, WY
 
Wells Fargo Financial
(307) 237-1267
317 Thelma Dr
Casper, WY
 
Frontier Financial
(307) 234-4500
600 E 1st St
Casper, WY
 
Cowboy Credit Hotline
(307) 472-1794
6101 E 2nd St
Casper, WY
 
Benchmark Mortgage
(307) 265-0441
139 W 2nd St
Casper, WY
 
Beneficial Wyoming Inc
(307) 237-8790
303 Thelma Dr
Casper, WY
 
Advance America Cash Advance
(307) 237-9495
235 S Montana Ave
Casper, WY
 
Countrywide Home Loans
(307) 577-3660
5890 E 2nd St
Casper, WY
 
Wells Fargo Bank Na
(307) 266-1100
234 E 1st St
Casper, WY
 
Wells Fargo Bank Na
(307) 266-1100
4141 E 2nd St
Casper, WY
 

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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