The repo man has had a busy year according to new figures that say car seizures in the US are up 23 percent compared with the same period in 2023. Data from Cox Automotive shows that repos are now ...
Car repossessions, which are becoming more common after a dip during the COVID-19 pandemic era, have serious financial consequences for lenders and borrowers. Over a million cars were repossessed in ...
When an account falls into default and results in repossession, the impact extends well beyond the loss of the asset. That negative mark becomes part of the borrower’s credit history and can shape how ...
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: ...
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 ...
A man was injured in a shooting outside the Boone County Library in Burlington while trying to repossess an SUV on Tuesday evening, officials said. Boone County Sheriff's deputies responded to the ...
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 ...
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