Bill Payment Assistance Options

Summary

If youre struggling with car payments in Massachusetts, consider contacting your lender for options like deferment or forbearance. Refinancing your loan for a lower interest rate is another possibility. Local assistance programs such as the Salvation Army, United Way, and Catholic Charities may also offer financial help. Reach out to these organizations for more information.

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Car payments
If you're having trouble making car payments, here are some steps you can take:
- Contact Your Lender: Explain your situation; they may offer options like deferment or a revised payment plan.
- Refinance Your Loan: Consider refinancing for a lower interest rate.
- Local Assistance Programs: Check local charities or assistance programs that may offer financial help.
Would you like more details on any of these options?
Yes
Sure! Here are some more details:
- Contact Your Lender: Reach out to your lender as soon as possible. They may offer options like:
- Deferment: Temporarily pausing payments.
- Forbearance: Reducing or suspending payments for a short period.
- Payment Plan Adjustment: Extending the loan term to lower monthly payments.
- Refinance Your Loan: Look into refinancing options with your current lender or other financial institutions. This may help you secure a lower interest rate and reduce your monthly payments.
- Local Assistance Programs: Here are some organizations in Massachusetts that might offer financial assistance:
- The Salvation Army
- United Way
- Catholic Charities
Would you like contact information for these organizations or have any other questions?