Add Yahoo as a preferred source to see more of our stories on Google. Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often ...
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Auto loan strains trigger repossession surge
A growing share of American drivers are falling behind on car payments, and repossessions ...
In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: ...
The American Recovery Association (ARA), the Alliance of Illinois Repossessors (AIR) and DRN|MVTRAC|SCM president Jeremiah Wheeler are all involved in what they ...
(InvestigateTV) — Car repossessions were up 43 percent between 2022 and 2024 - an estimated 3.2 million cars - according to a report by Bankrate citing data from Cox Automotive. Shannon Martin, an ...
The car repo business is booming as Americans fall behind on increasingly expensive car payments. Cars are being repossessed at the highest rate since the Great Recession of 2008 and 2009. The repo ...
Massachusetts Sen. Elizabeth Warren has launched a probe into the auto lending industry’s repossession practices, requesting detailed information from major lenders including Ally Financial as rising ...
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