The car repo business is booming as Americans fall behind on their increasingly expensive car payments.
Tight household budgets are pushing drivers toward financial strain.
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often ...
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 ...
Sen. Elizabeth Warren wants to know about the current state of car repossessions since, according to the Massachusetts Democrat, President Trump “has kneecapp ...
A Sheriff's office and county commissioners are at odds over whose responsibility it is to handle the lease payments on over 40 police vehicles.
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 ...
As the economy continues to sour, debt-strapped vehicle owners are defaulting on automobile loans at record rates, providing repo men, auction wholesalers and dealers with loads of work. "Business is ...
A concerned grandson recently shared a troubling story that drew serious concern from the personal finance community: their grandfather had his car repossessed after falling behind on payments for a ...