<prompt> Human: My grandmother got suckered into a used car loan for a convertible!. She clearly didnt understand what was happening she thought she was going to borrow the convertible until they got more practical small sedans in stock. When she returned the convertible a few months later, they bought it back from her for half the price then the put her into a brand new and more expensive car, so now she owes even more I think 31,000 now. She doesnt really have much of an income. In fact, her car payment is higher than her rent and I dont think shell be able to keep up both soon. I dont understand how she qualified for a loan in the first place. I want to help her, but Im just a student and across the country. Any thoughts on what we can do? Im really at a loss. Is it possible to work something out with the bank? Does it make sense to sell the car and try to pay off the loan? Could I borrow the same amount at a presumably better interest rate, and then pay off her loan?Thanks for taking the time to read this and considering the problems of others.  <response>: Where are your parents? This isnt a problem a student should need to deal with. 