Car loan modification: How it works
If you’re worried about making auto loan payments, look into car loan modification.
4 min read
Jul 07, 2025
Allison Martin
Contributor, Personal Finance
EXPERTISE
- Personal finance
- Taxes
- Mortgages
- Auto loans
- Small business loans
EDUCATION
- Bachelor’s, University of South Florida
- Master’s, University of South Florida
Allison Martin is a contributor to Bankrate covering personal finance, including taxes, mortgages, auto loans and small business loans. Martin’s work began over 10 years ago as a digital content strategist, and she’s since been published in several leading outlets, including The Wall Street Journal, MSN Money, MoneyTalksNews, Investopedia, Experian and Credit.com. Martin, a Certified Financial Education Instructor (CFE), also shares her passion for financial literacy and entrepreneurship with others through interactive workshops and programs.
Allison's latest articles
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What to do when your mortgage forbearance period ends
Here are options if your mortgage forbearance plan is expiring.
4 min read Jul 01, 2025 -
Excise tax: What it is and how it works
Excise taxes apply only to specific products. They may be charged either as a percentage of a sale or on a per-unit basis.
3 min read Jun 30, 2025 -
What happens if you never pay your student loans?
Defaulting on your student loans can cause short- and long-term consequences.
8 min read Jun 30, 2025 -
Consumption tax: What it is, how it works and why it matters
A consumption tax applies to the purchase of a good or service. Sales taxes are a type of consumption tax.
3 min read Jun 30, 2025 -
Second-chance car loans: What they are and how to get one
Second-chance car loans come at a high price.
5 min read Jun 25, 2025 -
Mortgage deferment: What it is and how it differs from forbearance
Although used interchangeably, deferment isn’t the same as forbearance.
4 min read Jun 19, 2025 -
What to know about auto loan debt
It doesn’t always make sense to take on a new debt — but there are also times when your cash could be better invested.
4 min read Jun 17, 2025