As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
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From collections to repossession: A timeline of debt
Get your business out of debt with our guide to the debt collection process and see expert-backed advice for dealing with ...
We are receiving mixed messages regarding trends in repossessed cars. Some experts see the recent spike in repos as the market sorting itself out after record-low repossession rates the past couple of ...
Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what the numbers show and how to respond if you’re affected.
Repossession for a car happens when you’ve defaulted on your auto loan, and your lender may seize the vehicle to recover its losses. In many states, lenders are not required to give you notice before ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
Coming out of the COVID-19 pandemic, the auto finance industry will face a number of issues when it comes to self-help repossession following a borrower’s default. A number of jurisdictions across the ...
A routine vehicle repossession attempt at Parkdale Mall in Beaumont, Texas, escalated into a chaotic and highly visible ...
As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
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