{"id":22316,"date":"2026-02-28T21:13:48","date_gmt":"2026-02-28T21:13:48","guid":{"rendered":"https:\/\/borrowingnexus.com\/?p=22316"},"modified":"2026-02-28T21:13:49","modified_gmt":"2026-02-28T21:13:49","slug":"what-is-an-auto-loan-hardship-program","status":"publish","type":"post","link":"https:\/\/borrowingnexus.com\/?p=22316","title":{"rendered":"What Is An Auto Loan Hardship Program?"},"content":{"rendered":"<div id=\"\">\n<div class=\"overflow-hidden relative bg-blue-50 aspect-video w-full rounded-lg\"><\/div>\n<p>\n            Wavebreakmedia\/Getty Images\n        <\/p>\n<\/p><\/div>\n<div>\n<div id=\"block_a89d220f18101c51b624ae24ffd727d4\" class=\"key-takeaways sm:border-l-4 border-(--accent) sm:pl-8 my-8 relative\" style=\"--accent: var(--color-blue-medium)\">\n    <!-- htmlmin:ignore --><\/p>\n<h2 class=\"heading-4 mt-0 mb-4 text-crop-none max-sm:flex max-sm:items-center max-sm:gap-4\" id=\"key-takeaways\" data-position=\"0\" data-beam-element-viewed=\"\" data-id=\"br-h2-0-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"Key takeaways\" data-outcome=\"\">\n    <span class=\"shrink-0\">Key takeaways<\/span><br \/>\n        <span class=\"max-sm:h-0.5 max-sm:w-full max-sm:w-full max-sm:bg-(--accent) max-sm:rounded-full max-sm:block\"\/><br \/>\n    <\/h2>\n<p>    <!-- htmlmin:ignore --><\/p>\n<ul class=\"flex flex-col text-gray-700 mb-0 gap-2 list-disc\">\n<li class=\"pl-4 relative marker:text-(--accent)\">\n                                                            An auto loan hardship program can help if you\u2019re facing a financial emergency and need help with your car payments.\n                                                <\/li>\n<li class=\"pl-4 relative marker:text-(--accent)\">\n                                                            Eligibility criteria, fees and program options vary by lender.\n                                                <\/li>\n<li class=\"pl-4 relative marker:text-(--accent)\">\n                                                            If you don\u2019t qualify for an auto loan hardship program, other forms of debt relief are out there.\n                                                <\/li>\n<\/ul>\n<\/div>\n<p>No matter how prepared you are, a financial crisis \u2014 like a lost job or medical emergency \u2014 could still catch you off guard. The last thing you need is to worry about defaulting on your auto loan or losing your vehicle because you can\u2019t keep up with payments.<\/p>\n<p>Fortunately, many lenders offer auto loan hardship programs to help you postpone or defer your payments for a few months. Not every lender offers a hardship program, and it may mean paying more for your loan overall, but it can provide some relief during a crisis.<\/p>\n<h2 id=\"how-it-works\" data-position=\"1\" data-beam-element-viewed=\"\" data-id=\"br-h2-1-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"How auto loan hardship programs work\" data-outcome=\"\">How auto loan hardship programs work<\/h2>\n<p>\u201cTypically, auto loan hardship programs still get someone to make half a payment. So if your payment was $400 and you paid $200 \u2014 which all goes to interest because they are typically past due \u2014 [your lender] will agree to reset the next due date and extend out the maturity date,\u201d says Thomas Holgate, president of Lobel Financial. \u201cSo your 72-month loan may turn into a 76-month loan.\u201d<\/p>\n<p>If you need hardship relief, your best bet is to contact your lender as soon as possible to explain what\u2019s happening and what you need. Ideally, you\u2019ll do this before your first missed payment so you have time to work something out before you fall behind. But even if you\u2019ve already fallen behind, it doesn\u2019t hurt to reach out and ask about your options.<\/p>\n<p>There are several things to watch out for when choosing a program, including fees and tacked-on interest charges. To illustrate, VyStar Credit Union charges current customers a $15 monthly fee (up to three months) to take advantage of the Skip a Pay Option. However, not all lenders charge a fee, so ask about potential costs ahead of time.<\/p>\n<div class=\"MarketMavenQuote\">\n<div class=\"\">\n<div>\n<blockquote><p>\n                I would avoid lenders who try to collect a lot of fees upfront. Many lenders will try to get everything they can out of you at that time, so watch out for a lot of processing and fee payments. [Try] to find a company that will maybe stop interest from accruing during a hardship period so you don\u2019t find yourself at the end of it with hundreds of dollars of interest that can take months to pay back.<\/p>\n<p class=\"mb-0\">\n                        <cite>\u2014 Thomas Holgate, president of Lobel Financial<\/cite>\n                    <\/p>\n<\/blockquote><\/div>\n<\/p><\/div>\n<\/div>\n<p>If you decide to go with your lender\u2019s hardship program, the terms of the agreement are binding unless you opt to refinance later on.<\/p>\n<h2 id=\"types\" data-position=\"2\" data-beam-element-viewed=\"\" data-id=\"br-h2-2-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"Types of auto loan hardship programs\" data-outcome=\"\">Types of auto loan hardship programs<\/h2>\n<div class=\"DefinitionList mb-8 DefinitionList--table\">\n<dl>\n<div class=\"Definition-item flex\">\n<dt class=\"text-gray-900\">Changed payment date<\/dt>\n<dd class=\"text-gray-700\">\n<p>Some lenders will let you change your payment due date. This can help if you frequently pay late because the due date occurs before you get paid.<\/p>\n<\/dd>\n<\/div>\n<div class=\"Definition-item flex\">\n<dt class=\"text-gray-900\">Deferment or forbearance<\/dt>\n<dd class=\"text-gray-700\">\n<p>This option lets you temporarily skip or pause your payments. Interest will still generally accrue during this period. You could pay more over the life of the loan.<\/p>\n<\/dd>\n<\/div>\n<div class=\"Definition-item flex\">\n<dt class=\"text-gray-900\">Interest-only payments<\/dt>\n<dd class=\"text-gray-700\">\n<p>Another option is to pay only the interest until your finances are back on track.<\/p>\n<\/dd>\n<\/div>\n<div class=\"Definition-item flex\">\n<dt class=\"text-gray-900\">Reduced interest rate or monthly payments<\/dt>\n<dd class=\"text-gray-700\">\n<p>You may get a lower interest rate and smaller monthly payments through auto refinancing. Refinancing may mean a longer payment term, resulting in more interest accumulating. However, smaller payments may keep you from defaulting.<\/p>\n<\/dd>\n<\/div>\n<div class=\"Definition-item flex\">\n<dt class=\"text-gray-900\">New payment plan<\/dt>\n<dd class=\"text-gray-700\">\n<p>You may be able to ask for a payment extension or set up a new plan with your lender to catch up on any missed payments. The drawback is that you\u2019ll still have to make regular payments while keeping your balance current.<\/p>\n<\/dd>\n<\/div>\n<\/dl>\n<\/div>\n<p>Specifics vary by program, but these are some of the most common options when you\u2019re looking for payment relief on your car loan.<\/p>\n<h2 id=\"hardship-assistance\" data-position=\"3\" data-beam-element-viewed=\"\" data-id=\"br-h2-3-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"Lenders that offer hardship assistance\" data-outcome=\"\">Lenders that offer hardship assistance<\/h2>\n<p>Financial hardship can be stressful, especially when your budget is already stretched thin. Many lenders offer relief options to help borrowers get through challenging periods, but the level of support can vary. Some lenders may have limited or no programs available.<\/p>\n<p>Even those that do offer hardship programs will have individual options, terms and requirements. Carefully review your options to see what best suits your needs. If your current lender doesn\u2019t offer relief, you might need to go through another one that does by refinancing your auto loan.<\/p>\n<p>These lenders provide some form of hardship relief:<\/p>\n<ul class=\"wp-block-list\">\n<li>\n<strong>Alliant Credit Union:<\/strong> The Consumer Loan Modification program gets you a lower interest rate and payment for up to six months. The Payoff Program lowers your interest rate and monthly payment amount over a set term until you pay off the rest of your loan. You may need to fill out an application and provide proof of income.<\/li>\n<li>\n<strong>CarMax:<\/strong> With CarMax, you could get a payment extension or a customized payment date.<\/li>\n<li>\n<strong>Carvana:<\/strong> Through Bridgecrest, the third-party loan servicer for Carvana, you may be able to skip a single month\u2019s payment. Your loan will still accrue interest during this time. The skipped payment will be tacked onto the end of your loan.<\/li>\n<li>\n<strong>LightStream: <\/strong>Through Truist, you can apply for auto loan modification with LightStream for a potentially reduced rate, extension of repayment term, different type of loan or a combination of all three. <\/li>\n<li>\n<strong>PenFed:<\/strong> PenFed allows you to skip one payment per 12-month period. You may be able to request an extended loan term as well.<\/li>\n<\/ul>\n<h2 id=\"how-to-qualify\" data-position=\"4\" data-beam-element-viewed=\"\" data-id=\"br-h2-4-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"How to qualify for hardship assistance\" data-outcome=\"\">How to qualify for hardship assistance<\/h2>\n<p>Every lender has different requirements. Some programs require proof of income to qualify for hardship assistance, while other lenders may only offer relief to current customers. Borrowers with a strong payment history may be more likely to qualify, which is why it\u2019s important to contact your lender before you fall behind on payments. Here\u2019s how to get started:<\/p>\n<ol class=\"wp-block-list\">\n<li>\n<strong>Do your homework. <\/strong>Before you enroll in a hardship relief program, check what your lender offers. Depending on the hardship relief program, you may also need to meet minimum income, credit score or debt-to-income ratio (DTI) requirements.<\/li>\n<li>\n<strong>Apply for assistance.<\/strong> Generally, you can apply for hardship relief on the lender\u2019s website or over the phone. Be prepared to provide supporting documentation if requested.<\/li>\n<li>\n<strong>Receive a decision. <\/strong>Someone from the lender\u2019s side will review your application and, if necessary, request additional information or documentation. The timeline varies, so be prepared to continue making payments.<\/li>\n<\/ol>\n<p>The exact process will depend on the lender that services your auto loan. Reach out to its customer service team to learn what you\u2019ll need to do or submit for hardship assistance.<\/p>\n<ul class=\"Accordion w-full align\">\n<li x-id=\"['panel-documentation-requirements', 'heading-documentation-requirements']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-documentation-requirements')\" :aria-controls=\"$id('panel-documentation-requirements')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    Documentation requirements<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-documentation-requirements')\" :aria-labelledby=\"$id('heading-documentation-requirements')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<div class=\"Accordion-content text-gray-700 px-3 pb-4 sm:px-6 sm:pb-6\">\n<p>You will likely need to provide certain information and documentation verifying your situation during the application process. This may include:<\/p>\n<p>Loan details like the remaining balance, interest rate and APR.<\/p>\n<ul>\n<li>Remaining balance<\/li>\n<li>Current interest rate and APR<\/li>\n<li>Payment history<\/li>\n<li>Vehicle make, model, year, mileage and condition<\/li>\n<li>Proof of income or a termination letter from your employer<\/li>\n<li>Personal identificatio<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<h2 id=\"other-options\" data-position=\"5\" data-beam-element-viewed=\"\" data-id=\"br-h2-5-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"Other options for auto loan relief\" data-outcome=\"\">Other options for auto loan relief<\/h2>\n<p>Auto loan hardship programs can be helpful, but they\u2019re not right for everyone. You might find that you don\u2019t qualify for the one you need. Or you might find that the cost is too great.<\/p>\n<p>Whatever the case, here are some other options for auto loan debt relief:<\/p>\n<ul class=\"wp-block-list\">\n<li>\n<strong>Ask for help:<\/strong> Consider asking a close friend or family member for financial assistance in the short term. Make sure you pay back any money you borrow as promised.<\/li>\n<li>\n<strong>Look into<\/strong> <strong>debt cancellation or suspension:<\/strong> This may be an option if the owner of the vehicle is unemployed, has a qualifying disability, has endured a financial hardship or has passed away.<\/li>\n<li>\n<strong>Look into other hardship relief programs<\/strong>: If you\u2019re falling behind on everyday expenses, certain nonprofits or public organizations could help.<\/li>\n<li>\n<strong>Redo your budget:<\/strong> If you\u2019re struggling with payments, look over your budget. Cut back where you can and put that money towards your car payment instead.<\/li>\n<li>\n<strong>Refinance with a cosigner:<\/strong> Having a cosigner on your auto loan can help you get better rates and terms when you refinance, which could help you lower your monthly payment.<\/li>\n<li>\n<strong>Sell or downgrade your car:<\/strong> If your current car costs too much, selling or trading it in for a cheaper model could make sense. Check your car\u2019s value and crunch the numbers to make sure it\u2019s worth it.<\/li>\n<\/ul>\n<h2 data-position=\"6\" data-beam-element-viewed=\"\" data-id=\"br-h2-6-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"Bottom line\" data-outcome=\"\">Bottom line<\/h2>\n<p>With auto repossession on the rise, more drivers are looking for a solution. \u201cToday, lenders are far more focused on helping customers keep their vehicles than on pursuing repossession, and many are willing to offer hardship programs to borrowers experiencing temporary financial stress,\u201d says Holgate. \u201cThe key is open communication \u2014 when customers stay engaged, lenders can usually structure solutions that bridge short-term challenges and keep them on the road.\u201d<\/p>\n<p>Many lenders offer auto loan hardship programs to help borrowers manage their monthly payments while dealing with a financial emergency. Options include smaller monthly payments, a reduced interest rate, payment deferment and payment extension plans. Each lender has its own requirements.<\/p>\n<p>If you don\u2019t qualify for a hardship program, you might find relief in other ways, like auto loan refinancing or debt suspension. Consider your options carefully before choosing one, but don\u2019t delay too long. Notify your lender of your situation as soon as possible to avoid late charges, damaged credit or other long-term consequences.<\/p>\n<div class=\"HelpfulCTA mx-auto flex flex-col items-center gap-6 my-6 py-12 text-base border-y border-gray-200\" data-helpful-cta=\"\" data-beam-element-viewed=\"\" id=\"did-you-find-this-helpful\" data-type=\"cta\" data-location=\"article-bottom\" data-position=\"banner\" data-text=\"Did you find this page helpful?\">\n<div class=\"HelpfulCTA-initial w-full flex flex-col items-center gap-4\" data-cta-initial=\"\">\n<div class=\"HelpfulCTA-question text-lg font-bold text-center text-gray-900\">\n            Did you find this page helpful?<\/p>\n<div id=\"vasxKCrEhK\" class=\"hidden\">\n<div class=\"wysiwyg wysiwyg--sm wysiwyg--flush max-w-xs\">\n<p class=\"mb-6 text-base\">\n                            <strong class=\"block font-bold text-gray-900\">Why we ask for feedback<\/strong><br \/>\n                            Your feedback helps us improve our content and services. It takes less than a minute to<br \/>\n                            complete.\n                        <\/p>\n<p>Your responses are anonymous and will only be used for improving our website.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Help us improve our content<\/p>\n<div class=\"HelpfulCTA-actions flex gap-4 mt-2\">\n            <button type=\"button\" class=\"HelpfulCTA-btn HelpfulCTA-btn--yes border border-2 border-blue-600 text-blue-600 rounded px-6 py-2 transition font-semibold flex items-center gap-2 hover:bg-blue-50\" data-cta-yes=\"\" data-beam-element-clicked=\"\" id=\"did-you-find-this-helpful-yes\" data-type=\"button\" data-location=\"article-bottom\" data-position=\"banner\" data-text=\"Yes\" data-outcome=\"response submitted\"><br \/>\n                <span class=\"Icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Thumbs Up Icon<\/title><path d=\"M13.165 2.175c.322 0 .57.022.774.065.796.161 1.43.624 1.85 1.345.71 1.216.722 3.067.023 5.499h.516c2.28 0 3.422 0 4.337.548a3.844 3.844 0 0 1 1.721 2.25c.29 1.032 0 2.13-.592 4.336l-.516 1.926c-.312 1.151-.484 1.786-.882 2.324a3.368 3.368 0 0 1-1.442 1.098c-.625.247-1.28.248-2.475.248l-.021.01h-4.595c-.42 0-.636 0-.84-.032a4.19 4.19 0 0 1-.635-.15c-.204-.065-.387-.162-.763-.355l-1.69-.856c-.014.034-.026.069-.043.102a2.334 2.334 0 0 1-1.044 1.044c-.495.247-1.012.248-1.948.248h-.161c-.936 0-1.453 0-1.947-.248a2.333 2.333 0 0 1-1.044-1.044C1.5 20.038 1.5 19.52 1.5 18.585v-7.683c0-.936 0-1.452.248-1.947A2.387 2.387 0 0 1 2.792 7.91c.494-.248 1.01-.247 1.947-.247h.16c.937 0 1.454 0 1.95.247.353.177.653.44.875.763.64-.606 1.788-2.184 3.31-5.142.183-.366.312-.603.538-.819.193-.193.462-.355.72-.441.302-.097.539-.097.873-.097ZM4.739 9.288c-.624 0-1.076 0-1.227.076a.721.721 0 0 0-.323.322c-.075.15-.075.603-.075 1.216v7.683c0 .624 0 1.076.075 1.227.065.14.183.248.323.323.151.075.603.075 1.227.075h.16c.625 0 1.078 0 1.228-.075a.722.722 0 0 0 .323-.323c.075-.15.075-.603.075-1.227v-7.683c0-.624 0-1.065-.075-1.227a.672.672 0 0 0-.323-.322c-.15-.075-.603-.076-1.227-.076h-.161v.01ZM13.057 3.8c-.14 0-.226 0-.259.011-.032 0-.086.043-.107.064a2.98 2.98 0 0 0-.226.399c-2.187 4.272-3.53 5.647-4.33 6.092.003.162.004.34.004.536v7.82l2.217 1.122c.28.14.42.216.56.27.107.032.214.064.332.075.151.021.314.021.626.021h4.594c1.022 0 1.539 0 1.862-.129a1.84 1.84 0 0 0 .763-.58c.215-.28.355-.808.613-1.765l.517-1.927c.495-1.85.775-2.873.603-3.475a2.309 2.309 0 0 0-1-1.313c-.538-.323-1.594-.323-3.51-.323h-1.129c-.226 0-.473 0-.72-.15a1.087 1.087 0 0 1-.464-.614c-.075-.301 0-.528.076-.754.957-2.97.603-4.26.301-4.777-.183-.312-.44-.506-.774-.57-.14-.033-.377-.033-.549-.033Z\" class=\"icon-base\"\/><\/svg><\/span> <span class=\"text-base leading-4\">Yes<\/span><br \/>\n            <\/button><br \/>\n            <button type=\"button\" class=\"HelpfulCTA-btn HelpfulCTA-btn--no border-2 border-blue-600 text-blue-600 rounded px-6 py-2 transition font-semibold flex items-center gap-2 hover:bg-blue-50\" data-cta-no=\"\" data-beam-element-clicked=\"\" id=\"did-you-find-this-helpful-no\" data-type=\"button\" data-location=\"article-bottom\" data-position=\"banner\" data-text=\"No\" data-outcome=\"response submitted\"><br \/>\n                <span class=\"Icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Thumbs Down Icon<\/title><path d=\"M19.26 2.175c.936 0 1.454 0 1.949.247.452.226.818.592 1.044 1.043.247.495.248 1.012.248 1.948v7.678c0 .936 0 1.453-.248 1.948a2.333 2.333 0 0 1-1.044 1.042c-.495.248-1.013.248-1.95.248h-.16c-.937 0-1.454 0-1.95-.248a2.33 2.33 0 0 1-.885-.777c-.637.596-1.79 2.176-3.314 5.155-.183.365-.312.602-.538.828a1.924 1.924 0 0 1-.722.441c-.258.086-.484.097-.742.097l.022-.011a5.39 5.39 0 0 1-.905-.064 2.741 2.741 0 0 1-1.852-1.345c-.71-1.216-.721-3.066-.022-5.496h-.516c-2.283 0-3.424 0-4.34-.548a3.843 3.843 0 0 1-1.722-2.248c-.29-1.033 0-2.13.593-4.324l.517-1.925c.312-1.162.484-1.786.882-2.323.377-.495.872-.871 1.443-1.097.624-.248 1.281-.248 2.476-.248h4.597c.42 0 .635 0 .84.032.215.032.431.086.636.15.193.065.387.162.753.345l1.702.864c.017-.04.033-.082.053-.122a2.333 2.333 0 0 1 1.044-1.043c.496-.247 1.013-.247 1.95-.247h.16ZM7.503 3.798c-1.022 0-1.54 0-1.862.13-.302.118-.56.322-.765.58-.215.28-.345.775-.614 1.753l-.517 1.926c-.495 1.85-.775 2.871-.602 3.474a2.308 2.308 0 0 0 1 1.312c.539.323 1.594.322 3.51.322h1.142c.236 0 .473 0 .72.15.227.14.388.367.453.625.075.28 0 .516-.075.742-.959 2.969-.603 4.27-.301 4.775.183.312.44.506.774.57.162.033.41.033.572.033.128 0 .203 0 .236-.01.021 0 .085-.044.107-.065.032-.032.14-.237.227-.399 2.208-4.308 3.556-5.671 4.352-6.102a39.945 39.945 0 0 1-.003-.523v-7.79L13.63 4.175c-.28-.14-.41-.215-.56-.27a1.796 1.796 0 0 0-.344-.085c-.151-.022-.313-.01-.625-.022H7.503Zm11.596.001c-.625 0-1.077 0-1.228.076a.72.72 0 0 0-.323.322c-.075.15-.075.603-.075 1.226v7.68c0 .623 0 1.075.075 1.226.075.14.183.247.323.322.15.075.603.075 1.228.075h.16c.625 0 1.078 0 1.228-.075a.778.778 0 0 0 .324-.322c.075-.151.075-.603.075-1.227V5.423c0-.623 0-1.076-.075-1.226a.722.722 0 0 0-.324-.322c-.15-.076-.603-.076-1.227-.076h-.161Z\" class=\"icon-base\"\/><\/svg><\/span> <span class=\"text-base leading-4\">No<\/span><br \/>\n            <\/button>\n        <\/div>\n<\/p><\/div>\n<p>    <!-- Yes Form --><\/p>\n<p>    <!-- No Form --><\/p>\n<div class=\"HelpfulCTA-thankyou flex flex-col items-center gap-2\" data-cta-thankyou=\"\" style=\"display:none;\">\n<p>Thank you for your<br \/>\n            feedback!<\/p>\n<p>Your input helps us improve our<br \/>\n            content and services.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<p>Read the full article <a href=\"https:\/\/www.bankrate.com\/loans\/auto-loans\/auto-loan-hardship-programs\/\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wavebreakmedia\/Getty Images Key takeaways An auto loan hardship program can help if you\u2019re facing a financial emergency and need help with your car payments. Eligibility criteria, fees and program options vary by lender. If you don\u2019t qualify for an auto loan hardship program, other forms of debt relief are out there. No matter how prepared<\/p>\n","protected":false},"author":1,"featured_media":22317,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":{"0":"post-22316","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-homes"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is An Auto Loan Hardship Program? | Borrowing Nexus<\/title>\n<meta name=\"description\" content=\"Wavebreakmedia\/Getty Images Key takeaways An auto loan hardship program can help if you\u2019re facing a financial emergency and need help with your car\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/borrowingnexus.com\/?p=22316\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is An Auto Loan Hardship Program? | Borrowing Nexus\" \/>\n<meta property=\"og:description\" content=\"Wavebreakmedia\/Getty Images Key takeaways An auto loan hardship program can help if you\u2019re facing a financial emergency and need help with your car\" \/>\n<meta property=\"og:url\" content=\"https:\/\/borrowingnexus.com\/?p=22316\" \/>\n<meta property=\"og:site_name\" content=\"Borrowing Nexus\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-28T21:13:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-28T21:13:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316#article\",\"isPartOf\":{\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/borrowingnexus.com\/#\/schema\/person\/2e9935197173c82d302e56851deefa3d\"},\"headline\":\"What Is An Auto Loan Hardship Program?\",\"datePublished\":\"2026-02-28T21:13:48+00:00\",\"dateModified\":\"2026-02-28T21:13:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316\"},\"wordCount\":1657,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/borrowingnexus.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316#primaryimage\"},\"thumbnailUrl\":\"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg\",\"articleSection\":[\"Homes\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/borrowingnexus.com\/?p=22316#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316\",\"url\":\"https:\/\/borrowingnexus.com\/?p=22316\",\"name\":\"What Is An Auto Loan Hardship Program? | Borrowing Nexus\",\"isPartOf\":{\"@id\":\"https:\/\/borrowingnexus.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316#primaryimage\"},\"image\":{\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316#primaryimage\"},\"thumbnailUrl\":\"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg\",\"datePublished\":\"2026-02-28T21:13:48+00:00\",\"dateModified\":\"2026-02-28T21:13:49+00:00\",\"description\":\"Wavebreakmedia\/Getty Images Key takeaways An auto loan hardship program can help if you\u2019re facing a financial emergency and need help with your car\",\"breadcrumb\":{\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/borrowingnexus.com\/?p=22316\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316#primaryimage\",\"url\":\"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg\",\"contentUrl\":\"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/borrowingnexus.com\/?p=22316#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/borrowingnexus.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Is An Auto Loan Hardship Program?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/borrowingnexus.com\/#website\",\"url\":\"https:\/\/borrowingnexus.com\/\",\"name\":\"Borrowing Nexus\",\"description\":\"Latest Personal Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/borrowingnexus.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/borrowingnexus.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/borrowingnexus.com\/#organization\",\"name\":\"Borrowing Nexus\",\"url\":\"https:\/\/borrowingnexus.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/borrowingnexus.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2024\/03\/d-icon.png\",\"contentUrl\":\"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2024\/03\/d-icon.png\",\"width\":512,\"height\":512,\"caption\":\"Borrowing Nexus\"},\"image\":{\"@id\":\"https:\/\/borrowingnexus.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/borrowingnexus.com\/#\/schema\/person\/2e9935197173c82d302e56851deefa3d\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/borrowingnexus.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a512e89363f7b6cb74e0daba4d5c4ba02de93ee3d00c0e2c27b7689d18de87d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a512e89363f7b6cb74e0daba4d5c4ba02de93ee3d00c0e2c27b7689d18de87d?s=96&d=mm&r=g\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/borrowingnexus.com\"],\"url\":\"https:\/\/borrowingnexus.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What Is An Auto Loan Hardship Program? | Borrowing Nexus","description":"Wavebreakmedia\/Getty Images Key takeaways An auto loan hardship program can help if you\u2019re facing a financial emergency and need help with your car","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/borrowingnexus.com\/?p=22316","og_locale":"en_US","og_type":"article","og_title":"What Is An Auto Loan Hardship Program? | Borrowing Nexus","og_description":"Wavebreakmedia\/Getty Images Key takeaways An auto loan hardship program can help if you\u2019re facing a financial emergency and need help with your car","og_url":"https:\/\/borrowingnexus.com\/?p=22316","og_site_name":"Borrowing Nexus","article_published_time":"2026-02-28T21:13:48+00:00","article_modified_time":"2026-02-28T21:13:49+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/borrowingnexus.com\/?p=22316#article","isPartOf":{"@id":"https:\/\/borrowingnexus.com\/?p=22316"},"author":{"name":"News Room","@id":"https:\/\/borrowingnexus.com\/#\/schema\/person\/2e9935197173c82d302e56851deefa3d"},"headline":"What Is An Auto Loan Hardship Program?","datePublished":"2026-02-28T21:13:48+00:00","dateModified":"2026-02-28T21:13:49+00:00","mainEntityOfPage":{"@id":"https:\/\/borrowingnexus.com\/?p=22316"},"wordCount":1657,"commentCount":0,"publisher":{"@id":"https:\/\/borrowingnexus.com\/#organization"},"image":{"@id":"https:\/\/borrowingnexus.com\/?p=22316#primaryimage"},"thumbnailUrl":"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg","articleSection":["Homes"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/borrowingnexus.com\/?p=22316#respond"]}]},{"@type":"WebPage","@id":"https:\/\/borrowingnexus.com\/?p=22316","url":"https:\/\/borrowingnexus.com\/?p=22316","name":"What Is An Auto Loan Hardship Program? | Borrowing Nexus","isPartOf":{"@id":"https:\/\/borrowingnexus.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/borrowingnexus.com\/?p=22316#primaryimage"},"image":{"@id":"https:\/\/borrowingnexus.com\/?p=22316#primaryimage"},"thumbnailUrl":"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg","datePublished":"2026-02-28T21:13:48+00:00","dateModified":"2026-02-28T21:13:49+00:00","description":"Wavebreakmedia\/Getty Images Key takeaways An auto loan hardship program can help if you\u2019re facing a financial emergency and need help with your car","breadcrumb":{"@id":"https:\/\/borrowingnexus.com\/?p=22316#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/borrowingnexus.com\/?p=22316"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/borrowingnexus.com\/?p=22316#primaryimage","url":"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg","contentUrl":"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2026\/02\/1772313228_what-is-an-auto-loan-hardship-program.jpg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/borrowingnexus.com\/?p=22316#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/borrowingnexus.com\/"},{"@type":"ListItem","position":2,"name":"What Is An Auto Loan Hardship Program?"}]},{"@type":"WebSite","@id":"https:\/\/borrowingnexus.com\/#website","url":"https:\/\/borrowingnexus.com\/","name":"Borrowing Nexus","description":"Latest Personal Finance News and Updates","publisher":{"@id":"https:\/\/borrowingnexus.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/borrowingnexus.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/borrowingnexus.com\/#organization","name":"Borrowing Nexus","url":"https:\/\/borrowingnexus.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/borrowingnexus.com\/#\/schema\/logo\/image\/","url":"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2024\/03\/d-icon.png","contentUrl":"https:\/\/borrowingnexus.com\/wp-content\/uploads\/2024\/03\/d-icon.png","width":512,"height":512,"caption":"Borrowing Nexus"},"image":{"@id":"https:\/\/borrowingnexus.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/borrowingnexus.com\/#\/schema\/person\/2e9935197173c82d302e56851deefa3d","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/borrowingnexus.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2a512e89363f7b6cb74e0daba4d5c4ba02de93ee3d00c0e2c27b7689d18de87d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2a512e89363f7b6cb74e0daba4d5c4ba02de93ee3d00c0e2c27b7689d18de87d?s=96&d=mm&r=g","caption":"News Room"},"sameAs":["https:\/\/borrowingnexus.com"],"url":"https:\/\/borrowingnexus.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=\/wp\/v2\/posts\/22316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22316"}],"version-history":[{"count":1,"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=\/wp\/v2\/posts\/22316\/revisions"}],"predecessor-version":[{"id":22318,"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=\/wp\/v2\/posts\/22316\/revisions\/22318"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=\/wp\/v2\/media\/22317"}],"wp:attachment":[{"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/borrowingnexus.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}