What happens if I can't afford to pay for my car?

If you can’t afford to pay for your car, the best step is to contact your lender as soon as possible. Many lenders are willing to work with you to avoid repossession by offering solutions such as payment deferrals, refinancing, or modified payment plans. The earlier you reach out, the more options you may have to protect your credit and keep your vehicle. Ignoring the issue could lead to late fees, damage to your credit score, or ultimately, vehicle repossession.