As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
The Consumer Financial Protection Bureau occasionally issues a publication it calls “Supervisory Highlights.” This publication serves a couple of purposes. It allows the CFPB to show Congress the good ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
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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 ...
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