The Expert Podcast

Here we go again with more bad news about negative equity on car loans. This is from Auto Blog. It says negative equity on car loans just keeps getting worse. This is a very serious problem with vehicle financing, where more and more buyers and owners are owing more on the vehicle than it's worth—and not by a little bit, but by a long shot.

If you have a vehicle that has negative equity, make sure you find a way to get rid of that. Don't put it on your new car. Don't try to roll it over to a new loan—you’re just going to be more upside down on that new loan. A car short sale is one way of doing it. You can also look at other options for resolving your negative equity. You can click the link below to get more details on that or arrange for a consultation with a certified title agent.

We’ll be back in just a few seconds. In the meantime, remember that ActualHuman.com offers you live one-on-one private video consultations with an expert in this exact subject. We want to listen to your story, hear your questions, and give you expert advisement on your options. We’ll tell you what we know about your particular situation. Now, back to your video.

Thank you for watching another episode of Actual Human Advisory on Describe TV. Remember, we have live one-on-one consultation appointments available at ActualHuman.com, where you can book a private, undivided-attention live call with a licensed investigator, a licensed insurance broker, a licensed mortgage broker, or a real estate broker.

I’m also a certified real estate title examiner, a certified civil court mediator, and I’ve developed and started over 15 businesses—several of which were sold for millions of dollars. So, if you have questions in any of those categories, you can arrange a one-on-one live video consultation. Use the link below, and we’ll see you in the next video.