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When it comes to equity, what does it mean to have negative equity or be under water?

When it comes to equity, what does it mean to have negative equity or be under water?
asked 161k views
3 votes
When it comes to equity, what does it mean to have negative equity or be under water?

asked
User Kees Hak
by
8.4k points

1 Answer

1 vote

Answer:

The amount owed is greater than the cars worth (apex)

Explanation:

answered
User James Wilks
by
8.2k points
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