Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often converge into one lingering question: “What do I do now?” As an ...
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 says the ...
The Consumer Financial Protection Bureau suggests that lenders may be overzealous in repossessing cars. By Ann Carrns More automobile owners are falling behind on their payments, and a new report ...
Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what ...
For most consumers, they have a variety of options and carriers when it comes to insurance. For repossession agents, availability and choices aren’t so robust, because of the complexity of the ...
Wrongful repossessions already burdened the industry, and it’s an issue that intensified since the pandemic began. With insurance companies already wary of absorbing too much liability, the ...
Car repossessions are climbing fast — approaching levels not seen since the aftermath of the 2008 financial crisis. With record-high vehicle prices and persistent inflation straining budgets, more ...