Auto Refinancing Options

[spy79]

Im not sure if we discuss automobiles on this site but Im really in need of some serious advice as far as car refinancing. I am behind in payments and just recently had to quit job due to injury. Doing a little research, I found out that i was screwed into buying this car because of my poor crdit rating. Can anyone help?

 

[Saga Lout]

The best you can do is to approach the lender and be honest and frank with them about your updated circumstances. They will almost certainly want the car back and the outstanding payments, perhaps over a longer term, but doing anything less will make your credit rating will only get worse.

Sorry it's such a bleak future but in the long run, you have a chance of getting back on track.