Upside Down Car Loans

An upside down car loan occurs when you owe more on your car loan than the car is currently worth. This can happen for a variety of reasons, including negative equity from an auto trade-in, an increase in the loan balance due to missed payments or rolling over negative equity from a previous loan.

If you find yourself in this situation, don’t panic. There are several options available to you. You can refinance the loan at a lower interest rate, extend the term of the loan or make additional payments to pay down the principal balance.

If you’re upside down on your car loan, it’s important to take action quickly. The longer you wait, the deeper in debt you’ll become and the more difficult it will be to get out from under your loan.

The main Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706