Auto Debt

For the typical middle-class household, few financial decisions feel as necessary and as stressful as getting a new car. You need reliable...

If you owe more on your car than it is currently worth, you are in a situation called negative equity. This is sometimes referred to as being “upside...

Imagine you are three years into a five-year car loan. You still owe $14,000, but the dealership just offered you $10,000 for your trade-in. That...

When you finance a car, you probably assume the loan amount matches what the vehicle is worth. But many middle-class consumers end up in a situation...

You bought your car two years ago with a loan for $30,000. Today, it’s worth maybe $18,000, but you still owe $22,000. That difference of $4,000 is...

You bought a car a couple of years ago. The payments were manageable, the interest rate seemed fair, and you drove off the lot feeling good. But now...