As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
A repossession agent—commonly called “the repo man,” and hired by the creditor to recover the property—may enter your ...
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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 ...
We are receiving mixed messages regarding trends in repossessed cars. Some experts see the recent spike in repos as the market sorting itself out after record-low repossession rates the past couple of ...
It is undeniably true that car repossession has dire consequences on your credit score and affects your future chances of credit ability. Using a car loan may seem like the best way to own your dream ...
New data is showing the number of car repossessions is hitting its highest rate in years. According to Fitch Ratings, more Americans are falling behind on their car payments after a sharp decline in ...
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 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 ...
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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 […] ...
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 ...
A creator known as the Repo Reaper (@only1reporeaper), who makes videos of himself repossessing cars, captured the imagination of many TikTok viewers with a video that he uploaded to the platform. The ...
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