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 ...

It’s only inevitable that as more Americans fall behind on their monthly car payments, the more they’ll get their vehicles repossessed. A recent study by Fitch Ratings found that more subprime ...

The tow truck driver reportedly did not realize the child was in the car when he repossessed it ...

A Colorado bill would bar dealerships from disabling a vehicle to repossess it, give owners 34 days instead of 20 days to ...

A troubling trend is emerging in the auto finance world, and it is hitting drivers where it hurts most. Across the United ...

The New York State Department of Financial Services last month reminded lenders to give consumers refunds on their finance and insurance products if their vehicles are repossessed or deemed a total ...

Hyundai's and Kia's American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday ...

In the midst of rising car prices and interest rates, more consumers are struggling to pay their auto loans. In fact, a recent TransUnion study found that as of the second quarter of 2022, 3.34% of ...

The used car business runs on contracts, credit checks, and the occasional unpleasant phone call about missed payments. But ...

A Florida man’s attempt to avoid repossession ended with his car stuck against a pole. The viral video highlights the risks of interfering with repo agents and the surge in vehicle repossessions.

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, ...

Since 2020 the car market has been rocked by one problem after another. First it was a lack of stock, then parts, then supply. All of this causes prices to shoot up. Along with rising prices also came ...