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Can't Afford Car Yazoo City MS

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.

AutoLoansInMississippi.Com
Jackson, MS
 
United Credit Corporation of Yazoo City
(662) 746-1031
205 S Main St
Yazoo City, MS
 
Cash Tyme
(662) 716-9100
1507 Jerry Clower Blvd
Yazoo City, MS
 
Bank of Yazoo City
(662) 746-5421
104 N Main St
Yazoo City, MS
 
Hancock Bank Mortgage Center
(228) 871-6215
2369 Pass Rd
Biloxi, MS
 
Mississippi Check Cashers
(662) 746-1313
1406 Jerry Clower Blvd
Yazoo City, MS
 
First South Farm Credit
(662) 746-2282
701 Haley Barbour Pkwy
Yazoo City, MS
 
Bankplus
(662) 746-0694
210 E Broadway St
Yazoo City, MS
 
Ca$Sh 2 Go Yazoo City
(662) 746-7700
1567 Jerry Clower Blvd
Yazoo City, MS
 
Express Check Advance
(662) 294-9005
1820 Commerce St
Grenada, MS
 

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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