Build positive equity in your car by using strategies such as making extra payments and refinancing your auto loan Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer ...
Negative equity is when you owe more on a car than the car is worth, leaving you "upside down" or "underwater" on your loan. This continues to be a growing problem, as is the amount of negative equity ...
An upside-down car loan is one on which you owe more than the vehicle is worth. You can get out of an upside-down car loan by making extra payments or refinancing to a lower interest rate. Putting ...