What exactly is an Upside Down Car Loan?

Being upside-down is great if you are for a roller coaster, although not much enjoyable when trying to repay an auto loan. Being upside-down on a motor car finance ensures that you owe more income from the mortgage than your vehicle may be worth. Does it seem impossible? Regrettably, it’s a pretty situation that is easy grab yourself into. Depreciation is Your Enemy Are you aware that a vehicle that is new 10% of its value in the 1st thirty days of ownership, 20% in the 1st 12 months, and... Read The Rest →