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Susan Solves It: Underwater auto loans

Susan Solves It: Underwater Auto Loans
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TAMPA, Fla. —

  • Rising car prices and longer loan terms have pushed more drivers into negative equity, increasing costs when trading in and raising the risk of owing more than a vehicle’s worth.
  • Tampa Bay 28 Reporter Susan El Khoury advises making a larger down payment, choosing a shorter loan term when possible, checking your credit score before trading and exploring refinancing or keeping an underwater car until equity improves.

Share Your Story with Susan

Consumer Investigator Susan El Khoury is here to advocate for you. From crimes targeting consumers to tips and tricks to help you save money, Susan works to help solve the day-to-day issues. Reach out to Susan with any problems you need help solving.
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'My heart breaks': Woman describes helping injured students after deadly school bus crash in Polk County

A woman on her way to work Monday morning found herself helping injured Winter Haven High School students after a school bus crash that killed two people.

Woman describes helping injured students after deadly school bus crash in Polk County