N egative equity happens when the value of an asset, like a car or home, is less than the remaining balance on the loan used to buy it. This is also known as being “underwater” or “upside ...

Let’s say your mother, 61, still owes $30,000 on a 2018 Chevrolet Bolt, but it's only worth $13,750. She wouldn't be alone in this situation. Around 24.9% of trade-ins going tow ...

Experts say the trend is particularly worrisome as the cycle of rolling negative equity into new loans makes it increasingly difficult for borrowers to escape debt. Among those with negative ...

The share of trade-ins with "negative equity" — meaning the owner owes much more on their loan than their car is worth — was hovering at about 25% at the end of 2024, according to data from ...

Negative equity means you owe more on your home than it’s worth, which is problematic if you want to sell, refinance or borrow against your ownership stake. You’ve been hearing a lot about ...