Tight household budgets are pushing drivers toward financial strain.
In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: ...
FONTANA, Calif. — Dealers might not necessarily be asking auctions specifically about repossessed vehicles. But when a repo unit comes down a lane, it's likely headed to a dealer's inventory soon.
The Consumer Financial Protection Bureau (CFPB) slapped Fifth Third Bank with a $20 million fine on Tuesday for allegedly forcing auto loan customers to buy unnecessary car insurance policies, and in ...
Add Yahoo as a preferred source to see more of our stories on Google. Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often ...
(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 ...
INDIANAPOLIS — Car repossessions are climbing fast — approaching levels not seen since the aftermath of the 2008 financial crisis. With record-high vehicle prices and persistent inflation straining ...
Security Bank Corporation on Friday said it has partnered with Toyota Auto Auction (TAA), the auction services arm of Japanese trading company Toyota Tsusho Philippines, to optimize the sale of the ...