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 ...

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 ...

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 ...

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 ...

New data is showing the number of car repossessions is hitting its highest rate in years. According to Fitch Ratings, more Americans are falling behind on their car payments after a sharp decline in ...

CORPUS CHRISTI, Texas — People who are finding it difficult to make their monthly payments on their car payments are risking having their vehicles repossessed. Jeanie Flores, a local said her car got ...

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 ...