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 ...
More Americans are struggling to keep up with their car payments. Auto loan delinquencies have risen above pre-pandemic levels after hitting record lows during COVID — and more borrowers are now ...
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 ...
DEKALB COUNTY, Ga. — The number of car repossessions is growing. The latest numbers show people are defaulting on car loans 40% more than just two years ago. Channel 2 consumer investigator Justin ...
Repossessions of cars are surging in a way that's hard to ignore. More than 2.2 million vehicles have already been repossessed this year, a number expected to climb past 3 million by the end of 2025, ...
A near-record number of cars are being repossessed as Americans continue to fall behind on their auto loans amid mounting financial strain. According to data from the Recovery Database Network (RDN), ...
Car Repossessions Return To Great Recession Levels As 1.7 Million Vehicles Taken Back Consumers are defaulting on car loans at an alarming rate, with defaults surging to over 2.3 million by Michael ...
Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...
SAN DIEGO — According to CU Repossessions’ analysis of the Recovery Database Network, more than 2.2 million vehicles have already been repossessed this year, and that number is expected to climb past ...
Local tow companies report a sharp spike in repos as more San Diego drivers fall behind on auto loan payments.
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