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To: discostu

You’ll be buried for the next 2 or 3 car loans.
The negative equity follows you to the next loan.
Extended terms used to be offered to only A credit customers because they could usually afford the cash down to counter the negative equity.


21 posted on 03/20/2015 7:31:41 AM PDT by rainee (Her)
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To: rainee

Only if you get rid of the car before you pay it off. If you keep it past payoff time how long the loan lasted doesn’t matter.


28 posted on 03/20/2015 8:12:35 AM PDT by discostu (The albatross begins with its vengeance A terrible curse a thirst has begun)
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