What Do I Do About My Car Payment That Is Way Too High?

If you are struggling to make your car payment each month, or have found yourself in a situation where the amount you owe is simply too high, don't panic. You have several options for what do about it.

The most important thing you can do is communicate with your lender and explain your situation. Ask about any potential deals or discounts that may be available for paying off a certain portion of the loan. Also inquire about refinancing the loan at a lower interest rate to reduce the amount owed each month. If neither of these options work out, consider selling the car and using any proceeds from its sale plus other savings to pay off as much of the balance as possible; this will reduce monthly payments even more significantly.

The Law Offices of Omar Zambrano has helped thousands of people and businesses on the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706