As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.

Automakers are looking for ways to protect themselves from defaults as Canada's auto loan delinquency rate rises. Ford Motor Company has recently taken steps to ensure that their vehicles remain in ...

On February 28, 2022, the CFPB released a Compliance Bulletin and policy guidance entitled “Mitigating Harm from Repossession of Automobiles.” In its bulletin, the CFPB sets forth the objective of ...

DAYTONA BEACH, Fla. — To the professionals in the repossession industry — and yes there are hundreds of them in this business — there's nothing funny or entertaining about Operacion Repo, so-called ...

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 ...

The Consumer Financial Protection Bureau used strong language in a news release Monday upon issuing a compliance bulletin on vehicle repossessions. The CFPB said it is “moving to thwart illegal ...

From coast to coast, the United States is a place where this tragedy is repeated far too often. More than 2.2 million vehicles are repossessed annually. A huge number of these seizures violate ...

Tight household budgets are pushing drivers toward financial strain.