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Can't Afford Car Clinton MS

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.

AutoLoansInMississippi.Com
Jackson, MS
 
American General Financial Services
(601) 924-4602
602 Springridge Rd
Clinton, MS
 
Check Into Cash
(601) 924-7395
704 Highway 80 E
Clinton, MS
 
Pioneer Credit Co
(601) 924-8881
212 Clinton Blvd
Clinton, MS
 
Speedee Cash
(601) 924-3333
15 Lakeview Dr
Clinton, MS
 
AutoLoansInMississippi.Com
Jackson, MS
 
Speedee Cash
(601) 924-3316
15 Lakeview Dr
Clinton, MS
 
Wells Fargo Financial
(601) 924-0686
1002 Hampstead Blvd
Clinton, MS
 
Title Loans of Clinton
(601) 925-9055
648 Highway 80 E
Clinton, MS
 
Bankfirst Financial Services
(662) 494-1964
538 Highway 45 Alt N
West Point, MS
 

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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