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Can I Consolidate My Car Loan In A Debt Consolidation Program?

Can I include my car loan into a debt consolidation program? If so can I keep my car

If I include my car loan in a debt consolidation program, will I be able to keep my car?

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Bill's Answer
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No, you can not consolidate an auto loan into a debt consolidation program. Debt consolidation programs are tailored for unsecured debt, such as credit cards and personal loans. Your auto loan is secured by your vehicle. However, if your auto has been repossessed, sold in an auctioned, and you receive a deficiency balance then you may be able to enroll that debt into a debt settlement program.

To learn more please visit our debt consolidation page.

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(5 Votes)
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  • D
    Sep, 2010
    I once sought out consolidation credit counseling, but was turned down because I wanted to include my car...