There’s serious trouble brewing in the auto industry as car repossessions are ballooning, threatening to spin everything out of control. A growing number of Americans have become seriously behind on ...

The car repo business is booming as Americans fall behind on increasingly expensive car payments. Cars are being repossessed at the highest rate since the Great Recession of 2008 and 2009. The repo ...

Home Personal Finance Shopping Cars Repo Risk: Beware Illegal Car Repossessions Used cars are worth more than ever before. The CFPB warns the hot market may tempt lenders to seize cars when they don’t ...

(InvestigateTV) — Car repossessions were up 43 percent between 2022 and 2024 - an estimated 3.2 million cars - according to a report by Bankrate citing data from Cox Automotive. Shannon Martin, an ...