<prompt> Human: I have a 2013 Ford Fusion SE. My interest rate on it is 6. Sadly I got the car at a time when I could afford the 400 car payments. Now I struggle every month to make the car payment and my credit union is unable to help me with a deferral nor refinance. I got the car in 2014 so Ive been making payments for about 3 years now. The car is in my name and my exs name. I was wondering if there was anyway I can give the car back to the credit union with minimum repurcussions. Or am I screwed and just have to let it get repossessed?  <response>: Car dealer here, so I feel qualified to comment... Banks and credit unions typically will not refinance their own loans, so theres no real surprise there. You can always approach another lender to see if they will refinance your loan, but your negative equity may become an issue. Another option would be to look into leasing a less expensive vehicle, and rolling your negative equity into that lease payment. It can be a great way to get out from under a negative equity situation, but Im not sure how much you would really be able to lower your monthly payment. Even a 199mo 3-year lease will become a 350mo payment when you add your negative equity. Of course, most of the subsidized lease payments that you see advertised also include some money-down. If youre selling, trading, or refinancing the vehicle you also have to consider how it is currently titled. If it is titled in both your name AND your exs, youll need to have them sign off before you can transfer ownership. If its titled to you OR your ex, you can act alone. What Im struggling with here are the numbers overall... You financed this car in 2014 and your loan goes to 2021 at 400month... Assuming that you financed for an 84-month term, you would have paid a little over 27k for a Fusion SE and youre paying over 6k in finance charges. Did you have a bunch of negative equity from your last car that you rolled into this one? Did the finance manager insist that you take every warranty, insurance, and protection product with this loan? If thats the case, there may be things you can cancel and some may even give you a prorated refund. 