If you cannot afford your car payments, what are some things you can do?
(SELECT ALL THAT APPLY)
Trade in or sell your vehicle
Refinance your car loan
Just stop paying
Contact your lender



Answer :

Final answer:

To address car payment affordability issues, consider contacting your lender, trading in or selling your vehicle, and refinancing your car loan.


Explanation:

Contact your lender: Communicate with your lender if you are having difficulty making car payments. Many lenders have programs to assist in such situations.

Trade in or sell your vehicle: Consider selling or trading in your car if you can no longer afford the payments.

Refinance your car loan: Another option is to refinance your car loan to adjust the payment terms.


Learn more about strategies for managing car payments here:

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