As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
MILWAUKEE - Auto repossessions are expected to climb in 2023 now that consumers no longer have the benefit of more leniency from lenders and stimulus programs, but car owners in Wisconsin do have some ...
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 ...
We are receiving mixed messages regarding trends in repossessed cars. Some experts see the recent spike in repos as the market sorting itself out after record-low repossession rates the past couple of ...
A&B Abstract: The Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) recently released a Bulletin addressing the repossession of vehicles and alerting market participants to what it views ...
Coming out of the COVID-19 pandemic, the auto finance industry will face a number of issues when it comes to self-help repossession following a borrower’s default. A number of jurisdictions across the ...
During tax season, the auto-repossession sector typically sees a dip in repossessions as customers receive additional cash and pay down their obligations. Recent data from Fitch Ratings and the ...
The Consumer Financial Protection Bureau used strong language in a news release Monday upon issuing a compliance bulletin on vehicle repossessions. The CFPB said it is “moving to thwart illegal ...
Automakers are looking for ways to protect themselves from defaults as Canada's auto loan delinquency rate rises. Ford Motor Company has recently taken steps to ensure that their vehicles remain in ...
As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
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 ...