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Can't Afford Car Missoula MT

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.

Helena, MT
Montana First Credit Union
(406) 728-1790
2330 S Reserve St
Missoula, MT
Score Service of Retired Executives
(406) 327-8806
110 S Broadway Ste Ste
Missoula, MT
United States Government
(406) 327-8806
110 S Broadway
Missoula, MT
Check 'n Go #2840
(406) 549-8263
400 W Broadway St
Missoula, MT
Mile High Chrysler Jeep Dodge Kia
(406) 282-3082
3883 Harrison Avenue,
Butte, MT
Rocky Mountain Commercial Capital Inc
(406) 251-5861
101 Alliance Way
Missoula, MT
Mountain West Bank
(406) 542-6222
1821 South Ave W
Missoula, MT
Creative Finance & Investments
(406) 721-1444
619 SW Higgins Ave Ste O
Missoula, MT
Capital Family Mortgage
(406) 549-1940
2307 Stephens Ave
Missoula, MT

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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