Archives by Tag 'upside down car loans'
Jun 2011
29
When cars or houses are worth less than the remaining loan balance, it’s referred to as an upside down loan. It’s never an ideal situation to owe more than your car is worth – you will run into problems if you want to trade it in for a new car or if you get into […]
May 2011
2
Like home loans, it’s not difficult to find yourself owing more on your car loan than your Nissan is worth. This is a problem if you hope to sell the car, because you won’t get as much as you have to pay to the lender – which means you have to pay the difference before […]
RSS Feed
Join us on facebook
Follow us on twitter