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 ...

Hyundai Capital America is a subsidiary of Hyundai and Kia that handles vehicle financing nationwide. (David Zalubowski/AP) Hyundai Capital America reached a settlement with service members who ...

We are receiving mixed messages regarding trends in repossessed cars. Some experts see the recent spike in repos as the market sorting itself out after record-low repossession rates the past couple of ...

A man specializing in buying repossessed cars in auctions marveled at some of the new cars available. He thinks it’s indicative of people getting cars they can’t afford. “Y’all need to stop buying ...

A growing problem is emerging in the US as car repos have hit their highest level since 2009, back when the country was in a recession. That’s sparking fears not only of a wider economic struggle but ...

“More carmax repos at the auction. People are defaulting on their loans and getting their vehicles repossessed,” TikToker Cheese (@thankucheese) writes in a caption for yet another video where he ...

RALEIGH, N.C. — Along with forging two other partnerships with technology providers for compliance and more, Consolidated Asset Recovery Systems officially began its Right to Cure Auction through ...

The Justice Department reached a settlement this week with a finance company that repossessed vehicles in violation of the Servicemembers Civil Relief Act (SCRA) — a discovery the DOJ made during an ...

New data is showing the number of car repossessions is hitting its highest rate in years. According to Fitch Ratings, more Americans are falling behind on their car payments after a sharp decline in ...

The seller, a police detective, seemed reputable. The goods were repossessed luxury cars that the department was looking to offload. The buyer forked over thousands of dollars. But there was no car ...

Fifth Third Bank is accused of opening fake accounts, charging customers $12.7 million dollars in illegal, worthless fees and even getting customers cars illegally repossessed, according to a ...