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Auto repossessions surge as car costs continue to climb
More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not ...
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 ...
With tariffs and inflation driving up car prices, more Americans are finding they cannot keep up with their auto loan payments — and repossessions are on the rise.
It’s a bad sign for the economy when the tow-truck business spikes. That’s what we’re seeing now, as a Bloomberg report details the recent drastic increase in auto repossessions. Not only is it a ...
CORPUS CHRISTI, Texas — People who are finding it difficult to make their monthly payments on their car payments are risking having their vehicles repossessed. Jeanie Flores, a local said her car got ...
When Jennifer's husband left work one night, their car vanished from the lot. Subprime car loans can put you at a higher risk of repossession. WoodenDinosaur/Getty Images — -- Jennifer's husband ...
No one finances a new or used car and plans on having it repossessed someday for missing payments, but life happens, the economy fluctuates, and surprise financial hardships are a very real thing. If ...
This Georgia family says a repossession dispute cost their son his car. Here’s what to watch for before it happens to you.
Everyone knows that if you buy a car on credit and fail to make the payments, the lender can repossess it. It’s embarrassing and will wreak havoc on your credit when the repo shows up as a landmark on ...
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 ...
Tow truck operators across San Diego County say business has suddenly boomed in the worst possible way, with car ...
Toyota Motor Credit Corp. reached a $7.6 million settlement with Massachusetts Attorney General Andrea Joy Campbell, resolving allegations of illegal loan collection practices. As part of the ...
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