Vehicle repossessions are financial tragedies of the first order, but they can be bonanzas for bargain-hunting car shoppers. In one of the few silver linings of today’s economy, more and more ...
More Americans are struggling to keep up with their car payments. Auto loan delinquencies have risen above pre-pandemic ...
When you signed the financing agreement that enabled you to buy a car on payments, you made a legally binding promise to make those payments on time every month. If you miss a single payment by 30 ...
A tow truck driving away with a repossessed car - Winhorse/Getty Images Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're ...
FONTANA, Calif. — Dealers might not necessarily be asking auctions specifically about repossessed vehicles. But when a repo unit comes down a lane, it's likely headed to a dealer's inventory soon.
ATLANTA — The importance of the repossession industry to our economy is something that is often overlooked or misunderstood. Lenders of all types and sizes rely on hundreds of repossession agencies ...
Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new and used cars sat at $734 and $525 per month, respectively, it's very easy ...
"Dude, Where's My Car?" may be the name of a lame Ashton Kutcher movie, but it could also be your response as you realize that your car has been repossessed. Just like a home, a car is not yours until ...
The effects of the coronavirus pandemic have been especially burdensome on auto-loan borrowers. Unlike student loans and mortgages, there are no government-backed relief programs to cover a monthly ...
A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and ...