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 ...
As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years. Cox Automotive estimates yearly auto repossessions went up about 43% ...
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 ...
Ignite Consulting Partners offers a compliance tip each week for dealerships. This week’s installment delves into a business segment buy-here, pay-here operators often face — repossessions — recapping ...
Earlier this year, a joint announcement from three of the largest repossession organizations — Allied Finance Adjusters, American Recovery Association and Eagle Group XX — reiterated their definitions ...
Auto repossessions spiked in 2022 above pre-pandemic levels, coinciding with a sharp increase in the use of third-party repo agents and higher costs to consumers, the Consumer Financial Protection ...
When a driver walks outside and finds an empty parking spot where their car should be, the first thought is often repossession. In reality, a growing number of people are discovering that their ...
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 ...