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 ...

When a driver walks outside and finds an empty parking spot where their car should […] ...

It’s a bad sign for the economy when the tow-truck business spikes. That’s what we’re seeing now, as a Bloomberg report details the recent drastic increase in auto repossessions. Not only is it a ...

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 ...

As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.

Kai Ryssdal shares a story about parking at the movies and brushing up against an unpleasant economic indicator: the repo man. It illustrates how more Americans are falling behind on their car ...

So far this year, repos are up 23% compared with the same period last year, according to data from Cox Automotive. Vehicle repossessions began increasing in 2023 and are up 14% from the first half of ...

A repossession agent—commonly called “the repo man,” and hired by the creditor to recover the property—may enter your ...

Your car is an example of secured debt, which can be seized by a debt collector, depending on the terms of your loan. Whether a debt collector can repo your car can also depend on the type of ...

Amika Ward was sitting in her car last summer after a late-night run to Meijer for a friend's birthday present — a peace lily she was about to drop off — when she felt a bump. It was the repo man, ...

From debt collection threats to estate planning for grandchildren, Texans often hear alarming or confusing advice that ...