Car Payment
Date: Sun, 08/08/2010 - 13:51
Submitted by Jennifer Dickinson
on
Sun, 08/08/2010 - 13:51
Total Replies: 2
What can you do to lower your car payment? When we did chapter 7 four years ago, we did that 722 Redemption thing. What can I do to lower the payments now?
You probably dont. You are locked in by your prom note with the
You probably dont. You are locked in by your prom note with the car as collateral. Unless you can refi it which you probably cant, you are stuck with it.
the only way to lower the payment would be to refinance, probabl
the only way to lower the payment would be to refinance, probably would have to be done through a diffrent bank. other options are to try and trade in/sell, for somthing with a lower payment.
