How do I explain gaps to stay-at-home moms?

Say it like it is (and own that gap) In the work history section of your resume, cover the employment gap by simply stating that you were raising children during this time. Choose language that makes it clear that staying at home with the kids was entirely your decision and the number one reason you left your last job.

Can’t afford car payment What are my options?

Refinance Your Car Loan. Trade In or Sell Your Vehicle. Voluntarily Surrender It. Instant Action to Take Now if You Can’t Afford Your Car Payment.25

How do I get out of a car loan I can’t afford?

What to Do if You Can’t Afford Your Car Loan Payments

Consider Selling the Car. Getting rid of your mode of transportation isn’t ideal, but if you can’t stick to your repayment schedule, you may lose the vehicle anyway.
Negotiate With Your Lender.
Refinance Your Auto Loan.
Voluntarily Surrender the Vehicle.

Can you go to jail for not paying your car loan?

You cannot go to jail for not paying a loan. No creditor of consumer debt — including credit cards, medical debt, a payday loan, mortgage or student loans — can force you to be arrested, jailed or put in any kind of court-ordered community service. If you get sued for an unpaid debt, you’ll end up in civil court.9

How much is too much for a car payment?

Whether you’re paying cash or financing, the purchase price of your car should be no more than 35% of your annual income. If you’re financing a car, the total monthly amount you spend on transportation – your car payment, gas, car insurance, and maintenance – should be no more than 10% of your gross monthly income.26

Is a 700 car payment high?

If you are buying an expensive car and you can afford the payments that’s normal. But if your buying a cheaper vehicle then yes that would be pretty high payments. If you want a $700 vehicle, then save $700 a month until you have enough to pay cash.