how to lower loan payment on honda accord 2006?

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kohistany3

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my sister got a honda accord 2006 0 millage for about 24,000 she paid down 8,000 and has a loan for the rest at 10.4% intrest rate. how can she lower her monthly payments the car isnt worth more than 16,000 on the market right now what can she do and what would be her best options
 
Do a search on the internet to refinance the car loan. As far as the value goes, that happens all of the time...vehicles Depreciate.
 
Either refinance with a lower cost loan, or pay off more of the balance.

She signed an agreement, so no easy way out.
 
Go to the bank or join a credit union and see what rates they have for refinancing her loan. It is done all the time.
 
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