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How to proceed Once You Owe More About Your Car Than It’s Worth

How to proceed Once You Owe More About Your Car Than It’s Worth

How to proceed Once You Owe More About Your Car Than It’s Worth

What You Ought To Realize About Your Negative Equity Car Loan

First, a easy meaning: a poor equity automobile loan—also known as being “upside down” or “underwater” on a loan—means you owe more on a car than it’s well worth, and it’s a far more typical situation than you may think.

Through the J.D. Energy Automotive Forum on March 22: almost 1 / 3rd (31.4%) of vehicle owners actually have a negative equity auto loan. Leer más Acerca deHow to proceed Once You Owe More About Your Car Than It’s Worth