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Can't Afford Car Hilo HI

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.

AutoLoansInHawaii.com
(808) 756-9311
Hilo, HI
 
WER1
(808) 263-0988
305 Uluniu St Ste 105
Kailua, HI
 
Maui Finance Co
(808) 244-9143
140 N Market St Ste 201
Wailuku, HI
 
Ihle Susan Insurance
(808) 625-2226
95-390 Kuahelani Ave Ste 3f
Mililani, HI
 
Allstate Insurance Company - Daniel Dennis
(808) 626-2788
95-1095 Ainamakua Dr
Mililani, HI
 
AutoLoansInHawaii.com
(808) 756-9311
Hilo, HI
 
Migita Lance State Farm Insurance Agency
(808) 874-2555
411 Huku Lii Pl Ste 304
Kihei, HI
 
Liberty Tax Service Omni Financial
(808) 486-0442
99-115 Aiea Heights Dr Ste 101
Aiea, HI
 
Primerica Financial Services
(808) 661-5770
930 Wainee St Ste 7
Lahaina, HI
 
Check To Go
(808) 235-6560
45-1055 Kamehameha Hwy
Kaneohe, HI
 

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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