Sen. Elizabeth Warren is reviving scrutiny of auto lenders’ repossession protocols on the heels of rising repo rates.
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My car got repossessed. Now what?
More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If your vehicle has been repossessed or you’re at risk of repossession, there ...
Auto repossessions spiked in 2022 above pre-pandemic levels, coinciding with a sharp increase in the use of third-party repo agents and higher costs to consumers, the Consumer Financial Protection ...
It is undeniably true that car repossession has dire consequences on your credit score and affects your future chances of credit ability. Using a car loan may seem like the best way to own your dream ...
The car repo business is booming as Americans fall behind on increasingly expensive car payments. Cars are being repossessed at the highest rate since the Great Recession of 2008 and 2009. The repo ...
A traveler’s car was repossessed at an airport, although he didn’t have an active lien. Here’s a look at how you can have ...
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I bought a brand-new car I couldn’t afford just to impress my hyper-competitive coworkers. Now it’s been repossessed. Can I fix my credit?
Buying a car to impress people who barely think about you is expensive. However, losing that car to repossession is even more ...
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