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Can't Afford Car Waupaca WI

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.
(608) 514-1500
Madison, WI
(608) 782-0841
401 gillette street
la crosse, WI
New Start Auto Loans - Bad Credit Auto Loans
(000) 000-0000
Lincoln Ave
Milwaukee, WI
M & I Bank
(715) 877-2311
103 E Lincoln Ave
Fall Creek, WI
(608) 242-1101
5227 High Crossing Blvd
Madison, WI
Wisconsin Auto Title Loans
(608) 245-9225
3059 E Washington Ave
Madison, WI
Wisconsin Auto Finance
(262) 432-3308
11414 W. Park Place
Milwaukee, WI
Dfi Mortgage
(262) 743-1777
16 E Walworth St
Elkhorn, WI
Household Finance Corp
(608) 273-9344
712 S Gammon Rd
Madison, WI
Check Into Cash
(608) 787-0777
9348 State Road 16 Ste 222
Onalaska, WI

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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