A bad equity auto loan — generally known as being “upside down” or “underwater” on a loan — means you owe more about a car than it’s worth, plus it’s an even more typical situation than you may think.
Nearly one-third (31.4%) of automobile owners presently are upside down on the car finance, meaning they usually have negative equity. United States Of America Today reported one thing a lot more concerning: “The percentage of automobile owners facing equity that is negative likely to strike a 10-year saturated in 2016. 继续阅读Ways to get away from An Ups This post might include affiliate links. That means if you click and get, i might get a tiny payment. Please see my disclosure that is full policy details.