Why should you be afraid of an upside down car loan? It’s actually a fancy way of saying that you’re accruing negative equity in your loan. Watch this two minute video to learn what being “upside down” in your loan means, why it’s bad and how you can avoid it.





Disclosure: This blog may receive a commission if you decide to use or purchase the products/services recommended by NerdWallet. The advice given by NerdWallet is for educational and informational purposes only and is not necessarily the advice of 2 Minute Finance. Additionally, companies, products, or services recommended by NerdWallet are not necessarily endorsed by 2 Minute Finance.

Become Money Smart!

Sign up to hear the latest news and advice from 2MF about your money.