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 ...

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 ...

Car Repossessions Return To Great Recession Levels As 1.7 Million Vehicles Taken Back Consumers are defaulting on car loans at an alarming rate, with defaults surging to over 2.3 million by Michael ...

Repossessions of cars are surging in a way that's hard to ignore. More than 2.2 million vehicles have already been repossessed this year, a number expected to climb past 3 million by the end of 2025, ...

SAN DIEGO — According to CU Repossessions’ analysis of the Recovery Database Network, more than 2.2 million vehicles have already been repossessed this year, and that number is expected to climb past ...

Americans are struggling with a spike in car trouble that has nothing to do with their carburetors or brake pads. According to a July 2024 Cox Automotive report, car repossessions are up 23% compared ...

Car repossessions have reached a level the US hasn’t seen in 15 years, and multiple factors are at hand. Car repossession rates in 2024 reached their highest level in over a decade at about 1.73 ...