As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
A repossession agent—commonly called “the repo man,” and hired by the creditor to recover the property—may enter your ...
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My car got repossessed. Now what?
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 ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
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.
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 ...
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 ...
A Rockland County auto financing company has agreed to pay at least $120,000 after federal prosecutors said it illegally repossessed vehicles belonging to servicemembers protected under federal law.
Tight household budgets are pushing drivers toward financial strain.
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