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January 28, 2008

Upside Down? Set Yourself Straight.

J0365260 Here’s an interesting article from autos.aol.com on "upside down" vehicle financing.  Upside down refers to the peculiar situation that can happen late in the life of your auto loan when you are still making payments, but the value of your vehicle is less than what you owe. The article offers some helpful tips to avoid that scenario, such as making a larger down payment or taking advantage of low APR promotions that some manufacturers offer.

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