Repossessions of cars are surging in a way that's hard to ignore. More than 2.2 million vehicles have already been repossessed this year, a number expected to climb past 3 million by the end of 2025, ...
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 ...
Imagine buying a car, getting approved for a loan, and then walking out of work to find that the dealership repossessed your new car. Would you accept defeat, try to get the dealership to reverse the ...
CINCINNATI (ENQUIRER) - The mayor of Cincinnati had his car repossessed for a few days in January 2024, Mayor Aftab Pureval told The Enquirer in response to questions about a photo of a purported ...
Auction site Pickles reported an average increase in repossessed cars hitting the auction of 13 per cent in the past six months. In the second quarter of 2024 – April to June – the number of reclaimed ...
Car repossessions, which are becoming more common after a dip during the COVID-19 pandemic era, have serious financial consequences for lenders and borrowers. Over a million cars were repossessed in ...
ATLANTA — More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing ...
The effects of the coronavirus pandemic have been especially burdensome on auto-loan borrowers. Unlike student loans and mortgages, there are no government-backed relief programs to cover a monthly ...