Latest Posts
Home > Ask The Get Out of Debt Experts > Two Months Late on Car Payment But Want to Avoid Repo. – Linda

Two Months Late on Car Payment But Want to Avoid Repo. – Linda

“Dear Steve,

I am two months late on my car payment, and I can’t afford to pay it. I have done refinanced the car last year so they won’t be able to do it again. I just deferred two payments back about 3 months ago, so trying to defer a payment is out of the question. I don’t know what else I can do.

How can I get my payments up to date without them taking the car?

Linda”

Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here

The Answer

Dear Linda,

It sounds like you just can’t afford the car.

The only way to get caught up is either with a mutual agreement with the lender, talk to the lender, or under a Chapter 13 bankruptcy. But in a bankruptcy you’d have to make at least your regular car payment plus about 30% more to get the loan caught up.

Whatever you do, don’t fall for any of these auto loan modification ads you might see. They are mostly lies.

Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.

Big Hug!

Two Months Late on Car Payment But Want to Avoid Repo.   Linda
Get Out of Debt Guy – Twitter, G+, Facebook

If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • Andy Faria

    I guess Mike’s spamming mission didn’t work out exactly as planned

  • Steve Rhode

    Mike,

    Interesting. I just posted an article on this after looking into it from your comment. Thank you for bringing it to my attention.

    My vote, stay away. See Auto Payment Assistance, Variety Investment Corporation. What is It?

  • ComplianceSlave

    I do not know a thing about this company ( autopaymentassistance.com ), but that last post reminds of a book I read some years ago, By Harvey McKay called “BEWARE THE NAKED MAN WHO OFFERS YOU THE SHIRT OFF HIS BACK”.

  • Mike Mason31

    You need to call autopaymentassistance. They will help you. or go to ther website. autopaymentassistance.com

  • http://www.autopaymentassistance.com Mike Mason31

    You need to call autopaymentassistance. They will help you. or go to ther website. autopaymentassistance.com

    • http://GetOutOfDebt.org Steve Rhode

      Mike,

      Interesting. I just posted an article on this after looking into it from your comment. Thank you for bringing it to my attention.

      My vote, stay away. See Auto Payment Assistance, Variety Investment Corporation. What is It?

      • http://northeast-properties.com Andy Faria

        I guess Mike’s spamming mission didn’t work out exactly as planned

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.