*Loan,banking and credit>>>auto loan

I have two auto loans that are two months behind in payments. One lender is threatening repossession.?

I do not have a house to get a home equity loan. I don't know WHAT to do! What can I do? Who can I call to prevent me and my baby from walking and making my poor credit even worse? PLEASE HELP!

Vehicle loans must be 90-days past due before lenders can take the vehicle. Try and get them to attach the payments to the end of your loan so it will show current. They will look at your past payment history before deciding weather to do this. If they absolutely will not work with you and you can not get a loan from anybody to help bring you current, then you must decide which vehicle you want to keep and which one to let go back. Which brings up the obvious question, why do you have two open vehicle loans anyway if it's just you and your baby? Source(s): Special Finance Manager for over 7-years.

You could probably try and renegotiate the loan so the payments are put at the end of the loan....but they will look at the payment history to see if it's a risk they are willing to take.
They cant usually reposses unless it is 90 days past due, you can also try to negotiate with them and put at least one payment on the end of the loan. You probably do not need a home equity loan if you cant make your car payments. Try to get someone to loan you the money, and this is really bad advice, but sometimes it has to be done, borrow enough from a payday lender to at least get you caught up. Then you can pay that back, (If you have a job or checking account)
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