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Car repos have hit a 15-year high: 5 things to do if you're behind on payments
Repo men are busier than they've been since 2009. If you're behind, here's how to keep your car.
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 ...
Americans are struggling with a spike in car trouble that has nothing to do with their carburetors or brake pads. According to a July 2024 Cox Automotive report, car repossessions are up 23% compared ...
It's only inevitable that as more Americans fall behind on their monthly car payments, the more they'll get their vehicles repossessed. Know: These 10 Cars Could Drain Your Savings Through Constant ...
That's already meant that we've seen more and more buyers are taking out longer and longer loans, but now gas prices are ...
Car repossessions surged last year to the most since 2009, a sign that mounting consumer stress is reverberating through the U.S. economy. In 2024, roughly 1.73 million vehicles were seized, according ...
When Greg Cook’s car of 12 years, a 2010 Honda Fit, up and quit on him in May 2022, he knew it would land him “between a rock and a hard place.” He couldn’t afford to go without a car: He knew he’d be ...
Matthew Pitman started in the automobile-repossession industry as a teen-ager, coiling cables at a tow lot in his home town, Phoenix. This was the eighties. His boss went by Joker and wore a “badge” ...
Auto repossessions spiked in 2022 above pre-pandemic levels, coinciding with a sharp increase in the use of third-party repo agents and higher costs to consumers, the Consumer Financial Protection ...
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 ...
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