Car repossessions went up 43% over two years as high prices squeeze Americans. Here's what you can do if you're at risk

As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
Yahoo

Car repossessions are up 43%. Here’s what to do if it happens to you

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 ...
Yahoo

Car repossession rates are soaring. What to do before it gets to that point

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 ...
South Florida Reporter

Are You Caught Up In The Car Repossession Crisis Inflicting Our Nation?

Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
Auto Remarketing

PODCAST: More insurance options for repo agents

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 ...

Rising car costs are driving a surge in repossessions

Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what ...
AOL

Car repossessions are expected to hit 3 million this year, their highest rate since the 2009 recession. Is it a sign the economy is in trouble?

More Americans are struggling to keep up with their car payments. Auto loan delinquencies have risen above pre-pandemic levels after hitting record lows during COVID — and more borrowers are now ...