Ugly Car Finance: How Can I Get Right Side Up?

You are able to say you’re “underwater” or “stuck with negative equity,” but anything you call it, the specific situation is similar: your debt more about your automobile than it really is worth, so you have actually an “upside down automobile loan.” This will be a situation that is fairly common especially among new-car buyers or customers with long-lasting loans. So long as you retain making your payments, you won’t have an upside down car loan forever. But exactly what if you choose to...

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