As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
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My car got repossessed. Now what?
More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If your vehicle has been repossessed or you’re at risk of repossession, there ...
A repossession agent—commonly called “the repo man,” and hired by the creditor to recover the property—may enter your ...
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 ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what the numbers show and how to respond if you’re affected.
“More carmax repos at the auction. People are defaulting on their loans and getting their vehicles repossessed,” TikToker Cheese (@thankucheese) writes in a caption for yet another video where he ...
When you signed the financing agreement that enabled you to buy a car on payments, you made a legally binding promise to make those payments on time every month. If you miss a single payment by 30 ...
A woman is going viral on TikTok after explaining why she’s happy that her Kia Telluride got repossessed. Yes, you read that right. Michele Hofmann (@micheleeeed) says she had a steep interest rate—17 ...
Steel Horse Rides on MSN
Driver thought his car was repo’d — then he found it in the strangest place
When a driver walks outside and finds an empty parking spot where their car should […] ...
Hyundai Capital America is a subsidiary of Hyundai and Kia that handles vehicle financing nationwide. (David Zalubowski/AP) Hyundai Capital America reached a settlement with service members who ...
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