My 61-year-old mother has awful negative equity on her 2018 Chevrolet Bolt — she owes $30,000 when it’s worth just $13,750. How can she get out of this mess?
Let’s say your mother, 61, still owes $30,000 on a 2018 Chevrolet Bolt, but it's only worth $13,750. She wouldn't be alone in this situation. Around 24.9% of trade-ins going tow ...
Yahoo Finance12d
What is negative equity and how can you get out of it?
The risk of negative equity goes up when house prices fall or interest rates are high - Marco Bottigelli/Moment RF Equity refers to how much of your home you own. You can calculate your home’s ...
As Profits Skyrocket, Law Firms Maintain Equity Tier Exclusivity
Among 18 a sample of Am Law 200 law firms with reported financials so far, 16 had an average profits per equity partner (PEP) ...
AOL8d
HELOCs and home equity loans are up. Why are more people borrowing against their homes?
In other words, you owe more than your home’s worth — you have “negative equity,” in real estate-lending lingo. If you have a balance of loans that are worth at least 25 percent more than ...
Yahoo Finance1mon
A record number of car owners can't afford their loans. That's bad for everyone.
More car owners are upside down on their car loans than ever before. Price hikes during an inventory shortage four years ago are to blame. Dealers who remained disciplined on pricing are now ...
U.S. News & World Report25d
Best Ways to Tap Home Equity for Home Improvements
Tapping a substantial portion of your home's equity can be risky if property values decline, leading to negative equity. This occurs when your outstanding loan balance surpasses your home's ...