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28 February, 07:15

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

"underwater"?

A. You can no longer afford to make payments.

B. The amount owed is greater than the car's worth

C. The car's worth is greater than the amount owed.

D. The purchase price is too big to qualify for a loan.

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Answers (2)
  1. 28 February, 08:15
    0
    B. The amount owed is greater than the car's worth

    Step-by-step explanation:

    APEX
  2. 28 February, 09:26
    0
    The amount owed is greater than the car's worth.
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