Breaking Free: Smart Ways to Get Out of Car Payments

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๐Ÿ”น Why Are Car Payments So High?
  • 1 in 5 people currently have a car payment over $1,000.
  • This was once the cost of rent, but now itโ€™s the price of owning a car.
  • Many find themselves financially stuck, unable to move, change jobs, or make big life decisions.
๐Ÿ”น The Problem of Being Upside Down on a Car Loan
  • Buying a new car feels exciting, but after months of paying, the burden sets in.
  • Many car owners end up owing more than their vehicle is worth.
  • Rolling negative equity from a previous car loan into a new one makes it even harder to escape.
๐Ÿ”น How to Get Out of a High Car Payment
  • Car Short Sale:
    • A little-known option offered by lenders.
    • Instead of voluntary repossession, which harms your credit, you negotiate with your lender.
    • Sell your car and have the lender waive part of the remaining balance.
  • Check the link below for ways to work with your lender and escape the debt.
๐Ÿ”น Need Expert Advice?
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๐Ÿ”น Get Answers Now
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  • Use the link below to connect with a professional.
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Breaking Free: Smart Ways to Get Out of Car Payments
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