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What You Ought To Realize About Your Equity Car that is negative Loan First, a simple definition: an adverse equity automobile loan—also known as being “upside down” or “underwater” on a loan—means you owe more on a car than it’s well well worth, and it’s an even more typical situation than you may think. Through the J.D. Energy Automotive Forum on March 22: Nearly 1 / 3rd (31....
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