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 ...

Auction sales of 2-year-old vehicles from commercial consignors climbed nearly 32% year-over-year in November and beat ...

Car repos and surveillance are becoming gig-economy jobs. We break down the company behind the shift and the risks it brings.

The Consumer Financial Protection Bureau occasionally issues a publication it calls “Supervisory Highlights.” This publication serves a couple of purposes. It allows the CFPB to show Congress the good ...

“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 ...

Cars are getting more expensive. Since March 2020, new car prices are up 29% and used car prices up 34%, per USA Today. This outpaced the overall inflation rate of 23%. There are a few potential ...

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 ...