My car was repossessed after 6 months of missed payments during a hospital stay. I still owe $20,000 on a 5-year loan with 4 years left — am I responsible for the full am…
Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new ...
ConsumerAffairs1d
Car repossessions spike, passing pre-pandemic levels
Car prices and the resulting monthly payments have been rising rapidly in recent years. As of the third quarter of 2024, the ...
Queens car owner shoots repo man as he tries to tow Nissan and BMW
The 38-year-old victim arrived at a house in Springfield Gardens Friday morning and was trying to repossess two cars parked ...
Hoodline1d
Auto Repossession Rates Surpass Pre-Pandemic Levels as Financial Strain Hits Consumers, CFPB Reports
The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.
Auto repossessions surpass pre-pandemic levels, CFPB report shows
CFPB Director Rohit Chopra pointed out that supply chain disruptions and higher interest rates have pushed up the costs of ...