Picture this: You’ve fallen on hard times, and you haven’t been able to make your last few car payments. When you step out of your home to head toward your car, you don’t see the fabled “repo man”; ...
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 ...
Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...
Car repossessions, which are becoming more common after a dip during the COVID-19 pandemic era, have serious financial consequences for lenders and borrowers. Over a million cars were repossessed in ...
This company is reshaping auto repossession through gig workers and constant surveillance. Here’s what that means for privacy and the industry. DRN sells license plate recognition cameras and data for ...
Missing a payment regarding one’s car has always meant trouble would follow. However, Ford’s patent indicates an even more chilling vision of the future may be imminent. While in the past a tow truck ...
You don't gotta tell me twice. Times are tough on the streets nowadays. Prices are up, inflation is still kicking us in the nads, and jokes about digging between couch cushions for change are now very ...
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