Asked by Trina  |  Submitted March 25, 2018

What’s the best way to get out of an upside down car loan?

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  Answers  |  1

March 26, 2018

Being upside down refers to the amount of value in the automobile as compared to the balance on the loan. One thing you can do is try and refinance the loan to a lower interest rate so that more of your payments go to the principle instead of to interest. Debt Optimizer is a tool that will compare your debt and current interest rates and other fees with available offers to help you pay down debt and save money. It's fast and easy to see where you could save money starting today, both on your auto loan and other payments. Good luck!

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