Repossessions of cars are surging in a way that's hard to ignore. More than 2.2 million vehicles have already been repossessed this year, a number expected to climb past 3 million by the end of 2025, ...
ATLANTA — More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing ...
More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If your vehicle has been repossessed or you’re at risk of repossession, there ...
Getting your car repossessed is one of the most frustrating things to deal with as a driver. This typically happens when you default on your loan and stop making the payments. Once your car is ...
Car repossessions, which are becoming more common after a dip during the COVID-19 pandemic era, have serious financial consequences for lenders and borrowers. Over a million cars were repossessed in ...
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 ...
It is undeniably true that car repossession has dire consequences on your credit score and affects your future chances of credit ability. Using a car loan may seem like the best way to own your dream ...
The video, posted by Cheese (@thankuscheese), showcases a range of vehicles, from luxury Jaguars and Range Rovers to everyday Hondas, all repo’d, painting a vivid picture of the economic pressures ...
“More carmax repos at the auction. People are defaulting on their loans and getting their vehicles repossessed,” TikToker Cheese (@thankucheese) writes in a caption for yet another video where he ...
You don’t expect the repo man to show up for the mayor of Cincinnati. Yet here we are. Mayor Aftab Pureval now says his 2023 black Lincoln Aviator was repossessed in January 2024 for a few days ...