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 ...
Car repossessions in the United States have reached their highest rate since the 2009 recession, reflecting economic strain and rising costs for vehicle owners.Michael Jones, an economics professor at ...
More Americans are struggling to keep up with their car payments. Auto loan delinquencies have risen above pre-pandemic levels after hitting record lows during COVID — and more borrowers are now ...
DEKALB COUNTY, Ga. — 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 ...
It’s only inevitable that as more Americans fall behind on their monthly car payments, the more they’ll get their vehicles repossessed. A recent study by Fitch Ratings found that more subprime ...
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, ...
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% ...
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Auto loan strains trigger repossession surge
A growing share of American drivers are falling behind on car payments, and repossessions ...
SAN DIEGO — According to CU Repossessions’ analysis of the Recovery Database Network, more than 2.2 million vehicles have already been repossessed this year, and that number is expected to climb past ...
A near-record number of cars are being repossessed as Americans continue to fall behind on their auto loans amid mounting financial strain. According to data from the Recovery Database Network (RDN), ...
Car repossessions are surging across San Diego County as more families fall behind on auto loan payments, mirroring a national spike in delinquencies. Tow truck drivers say they are now fielding far ...
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