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 ...

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 ...

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 ...

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 ...

Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new and used cars sat at $734 and $525 per month, respectively, it's very easy ...

“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 ...

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 ...

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 ...