The car repo business is booming as Americans fall behind on their increasingly expensive car payments.
The seemingly sudden bankruptcy of subprime auto lender Tricolor Holdings has thrown the used-car financing world into chaos, with banks, investors, and regulators racing to untangle the complex ...
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 ...
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 ...
WASHINGTON, D.C. – Auto repossessions have risen beyond pre-pandemic levels, according to a recent report from the Consumer Financial Protection Bureau (CFPB), signaling growing risks for borrowers in ...
To determine which auto loans are the best for consumers with bad credit, CNBC Select analyzed more than a dozen car loan ...
On January 14, 2025, media outlets reported that the CFPB had obtained a $42 million default judgment against a defunct auto servicer. Back in August of 2023, the CFPB sued the auto servicer, shortly ...
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