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Can't Afford Car Pryor 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
Security Finance Corporation
(918) 825-4211
228 E Graham Ave
Pryor, OK
Covington Credit
(918) 825-2274
221 E Graham Ave
Pryor, OK
A-1 Moneymart Loans
(918) 825-1188
611 N Lynn Riggs Blvd
Pryor, OK
A-1 Money Mart
(918) 825-1188
Pryor, OK
(405) 354-3519
Quik Cash No 1200
(918) 825-6130
431 S Mill St
Pryor, OK
Continental Credit
(918) 825-6200
212 E Graham Ave
Pryor, OK
(918) 825-2535
20 N Vann St
Pryor, OK
Advance America Cash Advance
(918) 824-2209
921 S Mill St
Pryor, 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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