Chapter 4-Upside-down Car Loans

Upside-down Car Loans

Since the turn of the 21st century, it seems the government has come up with debt relief programs to help consumers struggling with just about any kind of debt: mortgage work-out programs to keep homeowners in their homes, student loan forgiveness and debt repayment plans, and even business debt relief options during the COVID-19 pandemic.

However, you won’t find any government programs to help you keep your car or truck if you don’t or can’t afford to make your monthly payments.

Watch the following video to learn what your options are for dealing with an upside-down car loan, whether you can’t afford it or you have to get rid of it.

20-Minute Video

To successfully pass the module quizzes, we expect that you will need to view each lesson video.

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