What You Can do With a Secured Loan (Car, RV) That You Can't Afford to Pay

A secured loan is one where you have property, like a car or recreational vehicle, to secure it. When you take out a car loan, your car could be repossessed if you don't pay it back. In this video, founder of the HELPS Nonprofit Law Firm Eric Olsen explains what to do if you have a secured loan that you can't pay back.
Jeff Hoyt is SeniorLiving.org’s Editor-in-Chief.
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[@mountaingrannie4020]

❤Thank You for this info. Good to know

[@SeniorLivingOrg]

You're very welcome.

[@francineposa6103]

What if it’s an older vehicle tho and upside down due to the inflated value from cash out loan 🤮kinda outta luck right? (During 2022 heyday) life health changed.