The FTC says that understanding how
negative equity works in a vehicle trade - in can help you make a better informed choice about purchasing and financing a car, and help you identify whether the claims in car ads that promise to pay off your loan are misleading.
Not exact matches
I had
negative equity in my vehicle and he
worked with me to find a car that would be better than my gas guzzling truck.
Ford finance
worked with me to roll the
negative equity and keep my payment the same.
I came in with a very difficult situation and had
negative equity on my previous vehicle but with the help of amazing people and hard
work!
A new phenomenon of widespread
negative equity — homeowners owing more on their mortgage than the underlying property is worth — has
wrought a sea change in borrower behavior.
Most of the state's metro areas were suddenly faced with a large backlog of foreclosed single - family homes and properties in
negative equity, situations that many metros are still
working through.
Homeowners in
negative equity have been one of the drivers of the ongoing housing shortage, keeping their homes off - market while they
work to recover
equity lost in the recession.
I understand that unless you have
worked through a full market correction you don't know what it's like to sit at a table with a father crying because his house
equity was
negative.