Sentences with phrase «get out of negative equity»

Not exact matches

Their idea of «normal» leaves out of account the fact that this financial sector has gotten rich by loading down the economy with debt — debt that is beyond the ability to be paid, resulting in Negative Equity.

When I first graduated from college and got a job I bought a car (Honda accord) which I shouldn't have for around 20k I was making 35k since I was young and dumb and didn't have a lot of credit I got slapped with a ridiculous apr around 12 % so my payment was about $ 350 I really that I had negative equity so I tried to get out of it by buying a another car that was worth more but cost the same with a lower interest rate to try to get rid of my negative equity.

Barry help me get out of my Saab and into a Kia Sorento even with my negative equity on my Saab.

As many homeowners have found out since the bubble burst of 2007 and 2008, it's easy to get «upside down» on a mortgage (otherwise known as «negative equity») when the market takes a turn and home values fall.

Bankruptcy gives you a fresh start and you can get out of bad decisions like that high interest car payment in to which you rolled negative equity.

For them the negative yield isn't a big issue because the real value of the bond investment is not in generating yield, but in reducing risk by allowing them to get out of equities.

Others are faced with «negative equity» meaning instead of getting out of school and starting at «zero», they owe far more than they are worth, sometimes by tens of thousands of dollars.