Dear Terry, What is the best way to get out from under a upside-down car loan? I also have crappy credit. Can you help? -- TomDear Tom, Sorry, there's no help I can offer you if your credit is poor. Just hang in there with the loan until you have equity in the vehicle. Here are this week's reader questions:•Will repo surge fuel used car bargains?•How can I fix a co-signing mistake?•Should I use a tax refund to pay down a loan?•Can I escape an upside-down car loan?If you have a question for Terry, e-mail him at Driving for Dollars. Save money on your car -- sign up for Bankrate's new weekend Car & Money newsletter. advertisementRelated Links:Auto loan rates: March 26, 2009Saving on insuranceWhere's my car bailout?Related Articles:Vehicle leases going upOld loan not added to newCan't sell leased carRead more Driving for Dollars columnsAsk a question
Dear Terry, What is the best way to get out from under a upside-down car loan? I also have crappy credit. Can you help? -- Tom
Dear Tom, Sorry, there's no help I can offer you if your credit is poor. Just hang in there with the loan until you have equity in the vehicle.
If you have a question for Terry, e-mail him at Driving for Dollars. Save money on your car -- sign up for Bankrate's new weekend Car & Money newsletter.
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