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Yourself unable to make a payment on your car loan, deferring your payment for one or more months can buy you some temporary breathing room, but it will come at a cost if you find.
How Does Deferring a motor car payment Work? Not totally all auto loan providers enable deferments, and the ones which do have procedures that are different asking for them.
Under an auto loan deferment, the lending company agrees to allow you spend a lower repayment or no repayment at all for the month—or two, or three, but most likely not a lot longer than that—with the expectation that you are able to resume your regular repayment schedule following the deferment comes to an end.