As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
Car repossessions in the United States have reached their highest rate since the 2009 recession, reflecting economic strain and rising costs for vehicle owners.Michael Jones, an economics professor at ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
The number of car repossessions is growing. The latest numbers show people are defaulting on car loans 40% more than just two years ago. Channel 2 consumer investigator Justin Gray has been digging ...
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 ...
During tax season, the auto-repossession sector typically sees a dip in repossessions as customers receive additional cash and pay down their obligations. Recent data from Fitch Ratings and the ...
Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what the numbers show and how to respond if you’re affected.
In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: ...
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 ...
Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often converge into one lingering question: “What do I do now?” As an ...