Repossessions are reaching record levels, but you can put the brakes on the process before it's too late. Here's how.

It’s only inevitable that as more Americans fall behind on their monthly car payments, the more they’ll get their vehicles repossessed. A recent study by Fitch Ratings found that more subprime ...

Ever notice some cars seem to disappear more than others—and not because of theft? They’re reposessed cars, and knowing which models top the list could help you avoid a major financial pitfall.

A new scam sees criminals posing as bank agents to “repossess” cars on the roadside. Drivers are being warned not to hand ...

Hyundai's and Kia's American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday ...

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 ...

Hyundai’s and Kia’s American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday ...

Auto repossessions spiked in 2022 above pre-pandemic levels, coinciding with a sharp increase in the use of third-party repo agents and higher costs to consumers, the Consumer Financial Protection ...

Since 2020 the car market has been rocked by one problem after another. First it was a lack of stock, then parts, then supply. All of this causes prices to shoot up. Along with rising prices also came ...

CarMax is on the hook for nearly $500,000 after the US Justice Department alleged it illegally repossessed vehicles from active duty servicemembers. Most of that money will go directly to those ...