As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...
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 Gray has been digging ...
SAN DIEGO — After a year of testing and development, LEAP Auto Loans revealed a new program that allows the company to work with lenders to mitigate their losses on defaulted auto loans and allow ...
NEW YORK — People who put their cars up as collateral for what are supposed to be short-term emergency loans are being hit with interest rates of 300 percent, a high rate of repossession and long ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
Tight household budgets are pushing drivers toward financial strain.
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