If you’re unable to make your car payments you need to look into getting the best loan modification you can so you can keep your vehicle and not ruin your credit. A loan modification won’t hurt your credit and can in fact save your credit as well as keep you in your wheels. Understanding what a loan modification is and how the process works is important. It can help you see how to get the best deal you can as soon as you can so that you can keep your good credit or keep a credit score that’s suffering from getting worse.When you find yourself unable to keep up your payments and you know that it’s going to be an ongoing struggle, you face repossession. This is when the lender repossesses the vehicle because you’re behind on your payments. Depending on your particular loan agreement, this can happen if you miss one single payment in some cases. It’s rare that a lender will repossess that soon but the point is that they have the right to do so. You don’t want to be put in the position where you’re worried about losing your car or truck.Instead, you need to contact your lender to get the best loan modification you can to make those payments more manageable. But how do you do that? Most people go and get a loan and that’s the only part of the process they understand. They’re not skilled in negotiating interest rates or monthly payments. The lenders, on the other hand, are skilled at it. And they want to get you to pay as much as possible even if it’s a bit above your means.But the right service can help you get the best loan modification possible by negotiating with your lender on your behalf. A service like this can negotiate your interest rate to a much lower rate and lower your payments to something you can afford.Don’t feel that this is something that you shouldn’t do or that you’re somehow taking advantage of the lender when you do it. They actually want you to keep your vehicle because repossession and the resale of your vehicle costs them money and time. They’d much rather you make the payments and keep it. But during the process of negotiating with them for loan modification, they’re going to try to keep the interest and payments as high as they can while still helping you to afford them.If you let loan modification experts negotiate on your behalf, you’re bound to get a better rate and a better monthly payment. Then your late payments will stop. Because you can afford your new payment schedule, that will mean fewer late payments on your credit report and a higher credit score. If you’re falling behind, don’t hesitate to look into a loan modification today. Getting the best loan modification possible will mean that you can pay the full amount on time and avoid the late notices on your credit score as well as a credit-damaging repossession.