@daveramsey: Do everything you can to avoid having your car repossessed. It’s always better to sell your car or negotiate with your lender than do a voluntary repossession. #reposession #cars #debt #repo #bankruptcy #daveramsey
Truck worth $40k. They owe 58k. Thats 18k difference not 10. Bankruptcy probably better than paying 18k and no asset
2025-04-14 18:59:02
278
tacos_de_perro1 :
Walk to bank talk to the manager ! Haha ok 1980 called….
2025-04-14 22:37:05
99
Bigggt601 :
Roll negative into a short term EV lease. You’re welcome.
2025-04-14 23:12:17
77
Sengles_DBZ🇲🇽🇺🇸 :
Listen Linda..take a trip to the lake LIKE INTO THE LAKE lol problem solved!!!
2025-04-15 18:57:12
20
g80travis :
Just take the 10k under and get a personal loan to cover the 10k difference
2025-04-14 20:48:16
89
Tarheels25 :
Tell her to trade it in on a lease
2025-04-14 22:40:02
5
SomeoneYouKnow 🇨🇦 :
You don't get off the hook for the debt just because it's repoed. Financial illiterate...
2025-04-14 18:46:17
51
Vida (with a long i) :
This is great advice
2025-04-15 03:03:25
8
Mark2021_luvs_Pak :
cars so expensive now people out here short selling them
2025-04-15 15:50:03
5
111commonpeasant111 :
I never bought a vehicle over 10 k in my 49 years of life. I buy used vehicles and pay cash.......New cars are ridiculously expensive nowadays.
2025-04-14 20:46:07
32
BrandonCars :
You always give this advice… But if the person's credit is no good, then she cannot get a $10,000 unsecured loan. A credit union can't magically give her the loan, because that would be discriminatory
2025-04-15 00:34:14
7
Todd Kelly :
I guarantee you once she gets out of this negative equity situation she’s in, she will never go back into another one! Ask me how I know that!
2025-04-15 20:05:09
7
Foster5050 :
Credit Union doesn’t care. They won’t budge whatsoever.
2025-04-15 01:15:06
6
Dracarys21 :
My car is paid off thank you Lord 🙌🏻
2025-04-15 01:38:32
25
Pauly :
mistake number 1 .. buying a 80k car
2025-04-15 17:34:45
24
Mark :
Smart
2025-04-15 00:25:24
8
Brandi928 :
always going to be deprecation
2025-04-14 21:10:09
9
Sean Wojcik🇨🇦 :
Get a lease . Roll the negative in to the lease
2025-04-15 01:13:06
12
La foca :
Yeah but they not releasing title unless you pay the 48 up front
2025-04-14 19:20:06
62
the_conqueror_956 :
What bank in their right mind is gonna release the note if not paid in full makes no sense
2025-04-14 21:14:23
10
donnyb :
everyone has different circumstances but at this point if you can get a 2nd job grind out that payment and own the truck... then never do this again...
2025-04-14 22:11:21
14
j :
then add the fees on top.of all that
2025-04-14 21:44:09
7
thenumberone1111 :
na, if u have a house get a home equity loan and u can pay it for as many years u want up to 30 years
2025-04-14 22:14:41
9
scrapy :
bought a 2013 dodge dart. tried to do this in 2016 and they wouldn't budge.
2025-04-14 18:39:14
7
Matthew Delgado :
Can they do that?
2025-04-14 20:12:25
7
To see more videos from user @daveramsey, please go to the Tikwm
homepage.