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 ...
As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years. Cox Automotive estimates yearly auto repossessions went up about 43% ...
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 ...
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 ...
A repo man drives more streets before sunrise than most people see in a week. He is not looking at houses exactly - he is ...
(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 ...
New York (CNN) — 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 ...
Car repossessions are surging across San Diego County as more families fall behind on auto loan payments, mirroring a national spike in delinquencies. Tow truck drivers say they are now fielding far ...