As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.

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 ...

With the economic climate shifting and lending practices evolving, certain types of vehicles are more prone to repossession in the coming years. The combination of high sticker prices, costly ...

Car repossessions in the United States have reached their highest rate since the 2009 recession, reflecting economic strain and rising costs for vehicle owners.Michael Jones, an economics professor at ...

As discussed here, in February 2023, the Consumer Financial Protection Bureau (CFPB or Bureau) launched the auto finance data pilot and issued nine market monitoring orders to three banks, three ...

Earlier this year, a joint announcement from three of the largest repossession organizations — Allied Finance Adjusters, American Recovery Association and Eagle Group XX — reiterated their definitions ...

(InvestigateTV) — Car repossessions were up 43 percent between 2022 and 2024 - an estimated 3.2 million cars - according to a report by Bankrate citing data from Cox Automotive. Shannon Martin, an ...

Finding vehicles up for repossession is daunting, so service providers are continuing to merge their technologies in order for finance companies to improve recovery efforts. ALS Resolvion announced ...

This company is reshaping auto repossession through gig workers and constant surveillance. Here’s what that means for privacy and the industry. DRN sells license plate recognition cameras and data for ...

A repossession agent-commonly called "the repo man," and hired by the creditor to recover the property-may enter your property at any time but cannot enter your home.

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 ...