As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
Cash-out auto refinancing might help you secure better loan terms and access a lump sum of cash, but there are drawbacks to ...
As pandemic stimulus money has run out for many Americans, debt is starting to mount again and it is leading to signs of trouble, particularly in the auto industry where car repossessions are on the ...
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Auto repossessions surge as car costs continue to climb
More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not seen since the Great Recession. WSB consumer expert Clark Howard says the ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often converge into one lingering question: “What do I do now?” As an ...
NEW YORK — People who put their cars up as collateral for what are supposed to be short-term emergency loans are being hit with interest rates of 300 percent, a high rate of repossession and long ...
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