CarEdge - TodaysChronic

Car Loan At 27.9 Percent For 68 Months Totally Screws Man Over, And He’s Not The Only One

Underwater car loans are a brewing financial crisis. Data from multiple sources show that there are millions of people who owe more on their loan than their vehicle is worth. …

A Third Of All Drivers Are Underwater On Their Cars

by Nevil Nickel

Americans have a huge automotive debt problem right now. A new survey shows that 31 percent of American drivers who financed their car are underwater on their loans. The problem …