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 ...
Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...
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 ...
A repossession agent-commonly called "the repo man," and hired by the creditor to recover the property-may enter your ...
ATLANTA — More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not seen since the Great Recession. WSB consumer expert Clark Howard ...
(InvestigateTV) — Car repossessions were up 43 percent between 2022 and 2024 - an estimated 3.2 million cars - according to a report by Bankrate citing data from Cox Automotive. Shannon Martin, an ...
When Tiah McCreary bought a used Kia K5 from Taylor Kia of Lima, she thought she was driving away in her new ride for good. Instead, the dealership repossessed the car just a month later. That could ...
A concerned grandson recently shared a troubling story that drew serious concern from the personal finance community: their grandfather had his car repossessed after falling behind on payments for a ...