Tight household budgets are pushing drivers toward financial strain.
The car repo business is booming as Americans fall behind on their increasingly expensive car payments.
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 ...
Sen. Elizabeth Warren wants to know about the current state of car repossessions since, according to the Massachusetts Democrat, President Trump “has kneecapp ...
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 ...
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 ...
If you think your car could be repossessed, you might feel that you’ve reached the end of the road. But there may still be ways to avoid repossession or, barring that, lessen its damage. Here’s how ...
(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 ...
A routine vehicle repossession attempt at Parkdale Mall in Beaumont, Texas, escalated into a chaotic and highly visible incident after the driver of the vehicle allegedly attempted to flee while the ...
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