What are some ways that I can get rid of the NEGATIVE $20K I have on my

  • Thread starter Thread starter Mike M
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Mike M

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previously wrecked 08 Dodge Magum?!? My Dodge Magnum was just in a wreck and has not been declared totaled yet buy im hoping so! If my car does get fixed i will be left with a previously wrecked NEW car with $20,000 in negative equity! What are some options that are out there??
 
Get a fixed rate while paying it back (preferably a 0%). if you cannot get that fixed rate, make sure to pay it before it changes. DOn't just put it off for later. I suggest getting a debit card that automatically puts money in your savings account when you buy something. It may not seem like much money at first, but it sure pays off in the long run...
 
You pay it. When you borrow money from other people, they want it back.

It doesn't really matter how stupidly you use their money, it's still theirs, and they'll still want it.
 
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