A recent request for information about vehicle repossessions practices by Sen. Elizabeth Warren paints a picture of an industry preying on vulnerable consumers and seizing cars with reckless ...
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 ...
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 ...
As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years. Cox Automotive estimates yearly auto repossessions went up about 43% ...
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 ...
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I bought a brand-new car I couldn’t afford just to impress my hyper-competitive coworkers. Now it’s been repossessed. Can I fix my credit?
Buying a car to impress people who barely think about you is expensive. However, losing that car to repossession is even more expensive as the bill keeps coming long after the tow truck leaves. If you ...
KNOXVILLE, Tenn. — ProconGPS, a mobile resource management solutions company, recently announced it has bought the patents governing repossessions in the vehicle finance industry from CalAmp Corp. The ...
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