What You Ought To Learn About Your Negative Equity Car Loan
First, an easy meaning: an adverse equity automobile loanвЂ”also described as being вЂњupside downвЂќ or вЂњunderwaterвЂќ for a loanвЂ”means you owe more about a car than itвЂ™s worth, and itвЂ™s a far more typical situation than you may think.
Through the J.D. Energy Automotive Forum on March 22: almost 1 / 3 (31.4%) of vehicle owners have an equity car loan that is negative. Continue reading What you should do Once You Owe More on Your Car Than It’s Worth