"Oklahoma couple faces financial crisis with 4 vehicles costing $2,500 a month after job loss"

1 min read
Source: Yahoo Finance
"Oklahoma couple faces financial crisis with 4 vehicles costing $2,500 a month after job loss"
Photo: Yahoo Finance
TL;DR

An Oklahoma man and his wife are struggling with being "upside down" on four vehicles, costing them $2,500 a month, while the man is currently unemployed. Financial expert Dave Ramsey suggested three options: stack cash to cover the difference, borrow funds to cover the gap, or negotiate directly with the lender. Selling other possessions was also recommended as a potential solution to alleviate their financial burden.

Share this article

Want the full story? Read the original reporting

Read on Yahoo Finance