Ive got a loan secured on my car how do i get the payments lowered?
Iv asked the campany but they say they carnt because iv signed an agreement but iv reciently lost my job but i dont want to loose my car if i canot meet the payments im willing to pay but a smaller amount.
Answer
The only way to reduce your monthly payments is to refinance your loan with another lender either for a longer period of time or a lower interest rate.this is going to be next to impossible while you are unemployed.so the only other option you have is to try and work something out with your current lender.nice luck.
