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Can't Afford Car Norman OK

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.

steffen criss
(580) 761-8733
1 miller dr
chickasha , OK
 
Advance America Cash Advance
(405) 364-3626
512 W Main St
Norman, OK
 
Ez Pawn
(405) 447-7296
2321 W Main St
Norman, OK
 
World Acceptance Corporation
(405) 364-5100
1816 W Main St
Norman, OK
 
Tower Loans Inc
(405) 366-7506
325 S Porter Ave
Norman, OK
 
SMART CHOICE AUTO CREDIT
(405) 354-3519
1100 WEST MAIN
YUKON, OK
 
Security Finance
(405) 447-8889
1213 W Lindsey St
Norman, OK
 
Bank of America
(405) 447-0989
3600 W Main St
Norman, OK
 
Bank of Oklahoma Na
(405) 366-3600
3550 W Main St
Norman, OK
 
Wells Fargo Financial
(405) 447-6772
1276 N Interstate Dr
Norman, OK
 

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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