What Happens To Your Negative Equity?

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What Happens to my Negative Equity? There comes a time when one grows sick of his or her current vehicle, regardless of its condition. Unfortunately, if money is still owed on the loan of the vehicle that you are looking to trade in, the loan won’t simply disappear. The remaining balance on the loan must be paid off, and it can present an issue if you owe more on the loan than what the car is worth. This imbalance in what is owed and what the car is worth is referred to as negative equity.



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