Alabama couple owes $40,000 on a car worth only $27,000. The Ramsey Show hosts say it’s time to rework their loan

What: An Alabama couple is facing a $13,000 negative equity situation on their car loan.
Why: The couple's loan terms are likely unsustainable, leading to financial strain.
Signal: The car's value has depreciated by $13,000, indicating a potential financial issue.
Target: The couple should aim to rework their loan to avoid further financial hardship.
Risk: If left unaddressed, the couple's financial situation could lead to debt accumulation and credit damage.