Ask The Money Coach

A Facebook fan wanted to know what to do because she’s upside down on her car loan, meaning she owes more than the car is worth. Some people call this having “negative equity.” It’s always tough dealing with being upside down in a car payment because, frankly, there aren’t any really good options. Nevertheless, here is a link to a page on the website of www.LeaseGuide.com, a consumer car leasing guide. It offers of the best explanations you’ll find about your choices when you owe more than your car is worth:

http://www.leaseguide.com/Glossary/upside-down-car-loan.htm

Got a financial question? Ask The Money Coach! Find me on Facebook at www.facebook.com/themoneycoach or on Twitter at @themoneycoach.

Related Questions:

• what do i do if i owe more on my car than its worth
• owe more on car than it\s worth
• if you owe more than your car is worth
• owe more than your car is worth
• i owe more on my car than its worth who will lease to me
• what are your options if you owe more than car is worth
• owe more then what your car is worth
• owe more than your car\s worth
• owe more than car is worth
• owe more on my car than what it is worth
• owe more money on car than what its worth
• options when you owe more than your car is worth