Racing to an important meeting, you slide into your driver’s seat and hit the ignition. Nothing. Your dashboard stays dark while your phone buzzes with a text from your auto lender. Welcome to the ...
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Ford's patent for cars that can repossess themselves
Missing a payment regarding one’s car has always meant trouble would follow. However, Ford’s patent indicates an even more chilling vision of the future may be imminent. While in the past a tow truck ...
When you signed the financing agreement that enabled you to buy a car on payments, you made a legally binding promise to make those payments on time every month. If you miss a single payment by 30 ...
After his hand was run over while he attempted to repossess a car, tow truck operator Ted Baldwin gave up on repossessions. “The owner of the vehicle came out while I was behind the tire hooking it up ...
Picture this: You’ve fallen on hard times, and you haven’t been able to make your last few car payments. When you step out of your home to head toward your car, you don’t see the fabled “repo man”; ...
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