The moment a driver realizes their car is gone is often defined less by anger than by disbelief. People replay the previous ...
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 ...
As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
ROSWELL, Ga. - A Roswell man says a tow truck driver first repossessed his car, and then it later somehow got loose, crashing into the front of his home. "We were among the many Americans that were ...
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 ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
Before the pandemic, consumers could easily find a good quality used car for $20,000. However, in 2023, those vehicles made up just 12.4% of the market, as reported by CarScoops. Compounding this ...
A woman is going viral on TikTok after explaining why she’s happy that her Kia Telluride got repossessed. Yes, you read that right. Michele Hofmann (@micheleeeed) says she had a steep interest rate—17 ...
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 ...
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 ...
Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what ...