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Options that provide temporary assistance include loan extensions and repayment plans. In a loan extension the lender takes the payments you missed or are. Check your interest rate on your loan and see if there are better rates available. That's an easy way to drop payments without getting a new car. When you're struggling to make your auto loan payments, contact Wells Fargo for loan payment assistance that may help. The lender may allow you to skip a payment and add it to the end of the loan or refinance your loan all together. Refinancing allows you to lower your payments. In fact, paying off your car loan before the end of the loan term is a great way to reduce your interest payments! Paying off your loan early takes focus.
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