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Money and Finances
Reply to "Earning Well but Drowning in Debt...how to dig out?"
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[quote=Anonymous]Getting rid of the cars may not be an option for OP. If they've only have them for a couple of years and didn't put down much of a downpayment, they may be underwater on the loans and will only be able to get older cars is they roll over the balance of their current loans into the new loans on the older cars, which could leave them with less reliable cars for nearly the same car payment.[/quote]
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