Car repossession rates have approached Great Recession levels in recent years, driven in part by post-pandemic economic ...

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 ...

The used car business runs on contracts, credit checks, and the occasional unpleasant phone call about missed payments. But ...

WASHINGTON, D.C. – Auto repossessions have risen beyond pre-pandemic levels, according to a recent report from the Consumer Financial Protection Bureau (CFPB), signaling growing risks for borrowers in ...

(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 ...

According to the settlement, CarMax will pay at least $420,000 in damages to service members and a civil penalty of $79,380 ...

In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: ...

CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...

Wanna be a repo person? A car repossession is one of the worst things that can happen to a driver. A repo damages your credit beyond repair for years and leaves you without the means of transportation ...

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 ...