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Can't Afford Car Oklahoma City 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.

SMART CHOICE AUTO CREDIT
(405) 354-3519
1100 WEST MAIN
YUKON, OK
 
SMART CHOICE AUTO CREDIT
(405) 354-3519
1100 WEST MAIN
YUKON, OK
 
First American Cash Advance
(405) 732-0207
1701 S Air Depot Blvd
Oklahoma City, OK
 
First American Cash Advance
(405) 794-0063
105 N Eastern Ave
Oklahoma City, OK
 
First National Bank of Midwest City
(405) 733-5682
Bldg Bldg 300
Oklahoma City, OK
 
steffen criss
(580) 761-8733
1 miller dr
chickasha , OK
 
First Cash Pawn & Auto Pawn
(405) 631-3400
6209 S I 35 Service Rd
Oklahoma City, OK
 
Extra Cash Pawn Inc
(405) 634-2341
6900 S Western Ave
Oklahoma City, OK
 
Federal Cash Advance
(405) 616-5626
Oklahoma City, OK
 
Cash Express of Okc
(405) 702-8090
3709 N Western Ave
Oklahoma City, 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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