More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not ...
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 ...
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 ...
High prices, expensive housing and recent job losses are pushing more Americans into a financial hardship, and now another ...
Repossession, or vehicle seizure, is usually triggered when a borrower misses three or more car payments. For most Americans, reliable transportation is essential to getting to and from their place of ...
With tariffs and inflation driving up car prices, more Americans are finding they cannot keep up with their auto loan payments — and repossessions are on the rise.
Before the pandemic, consumers could easily find a good quality used car for $20,000. However, in 2023, those vehicles made up just 12.4% of the market, as reported by CarScoops. Compounding this ...
Tow truck operators across San Diego County say business has suddenly boomed in the worst possible way, with car ...