<prompt> Human: Hello. My mother car payment is 700 dollars w month. She foolishly traded a car she owed on for a prius. They simply tact on the balance she owed to her new car. Fast foward to now she has three years left at 700 a month. Shes 61 yrs old on the verge of retirement.. Her income will be reduced soon ..she cant have this large car payment any more. But she needs the car to get aroundThe only solution i can think of is getting her to take out a home equity loan to pay for the car and then refinace her house. So the payments would be less. Currently her house is 660 a month her house is valued at 160k she owes 60k on itCar payment is 700. 3 yrs remaining Her balance is uknown at the time. She keeps calling me for money for gas and grocerys every week. She doesnt make enough to cover her monthly bills. :::Update:::Thank for your help... It seems she will have to finish paying this really bad loan for another 3 years. Ill have to find another way to free up some money in her budget. Right now im cutting the cable bill and im looking at her car insurance to see if we can get a better quote. Her finances are a mess.  <response>: They simply tact on the balance she owed to her new carThen she didnt own the car, she financed it. Really not much you can do and taking out even more debt to cover this debt would be stupid unless the interest rate is far lower. 