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: ...
Car reposessions nationwide are up 23% over 2023 and 14% compared with the first half of 2019. Banks say they don’t believe consumers borrowed more than they can afford. More likely, they can afford ...
The nation's largest retailer of used cars will have to pay nearly $500,000 as part of a settlement following allegations that it illegally repossessed motor vehicles owned by members of the military.
A growing share of American drivers are falling behind on car payments, and repossessions ...