The car repo business is booming as Americans fall behind on their increasingly expensive car payments.

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 ...

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 ...

It’s a bad sign for the economy when the tow-truck business spikes. That’s what we’re seeing now, as a Bloomberg report details the recent drastic increase in auto repossessions. Not only is it a ...

The number of car repossessions is growing. The latest numbers show people are defaulting on car loans 40% more than just two years ago. Channel 2 consumer investigator Justin Gray has been digging ...

NASHVILLE, Tenn. (WSMV) - Tow truck drivers said they are seeing a surge of vehicle repossessions amid a trifecta of inflation, gas prices and poor spending habits. In the past month, Andre’s Towing ...

Kai Ryssdal shares a story about parking at the movies and brushing up against an unpleasant economic indicator: the repo man. It illustrates how more Americans are falling behind on their car ...

A Flint, Mich., woman is suing a towing company and the police department after a dramatic vehicle repossession attempt. The wrecker operator allegedly used strong-arm techniques in an attempt to ...

Amika Ward was sitting in her car last summer after a late-night run to Meijer for a friend's birthday present — a peace lily she was about to drop off — when she felt a bump. It was the repo man, ...

A repossession agent—commonly called “the repo man,” and hired by the creditor to recover the property—may enter your ...