Alabama Couple Says They Owe $40,000 on Car Worth Just $27,000 — Here’s How
Katie and her husband earn $147,000 a year, almost double the median American household income of $74,000 (1). But they are “upside down” with car debt, so the 41-year-old called The Ramsey Show for advice. The couple and their 15-year-old twins live in Alabama. Katie said they are on the second step of Dave Ramsey’s…