To address car payment affordability issues, consider contacting your lender, trading in or selling your vehicle, and refinancing your car loan.
Contact your lender: Communicate with your lender if you are having difficulty making car payments. Many lenders have programs to assist in such situations.
Trade in or sell your vehicle: Consider selling or trading in your car if you can no longer afford the payments.
Refinance your car loan: Another option is to refinance your car loan to adjust the payment terms.
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