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Can't Afford Car Lucedale 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.

Jackson, MS
Lucedale Title Loans
(601) 947-9949
879 Mill St
Lucedale, MS
Fidelity National Loans
(662) 512-5552
902 N Main St
Ripley, MS
Metro Mortgage
(601) 845-3668
203 E Main St
Florence, MS
Renasant Bank
(662) 342-1942
5779 Getwell Rd Bldg D3
Southaven, MS
Vincent's Jewelry Pawn & Guns
(601) 947-9822
5170 Main St
Lucedale, MS
Acceptance Loan Company
(601) 766-3474
168 Cowart St
Lucedale, MS
Mississippi Title Loans
(662) 843-9262
830 N Davis Ave
Cleveland, MS
Title Cash
(662) 328-3727
2016 Highway 45 N
Columbus, MS
Gloster Finance Inc
(601) 225-4342
349 N Captain Gloster Dr
Gloster, 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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