As America’s auto debt nears $1.7 trillion, repossessions are reaching levels not seen since the Great Recession. Inside an ...
Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...
Add Yahoo as a preferred source to see more of our stories on Google. Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often ...
Car ownership remains a struggle for many Americans. In the first quarter of 2026, the average monthly loan payment on a new car sped past $800 for the first time, according to data from JD Power, and ...
Find out why your car was repossessed, see if you can get it back — and know your rights. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...
Can I surrender my car if I can’t afford the loan? There are ways to avoid the repo experience. Even if you can't afford your car loan, you can choose how to go forward. You can surrender your car to ...
DEKALB COUNTY, Ga. — The number of car repossessions is growing. The latest numbers show people are defaulting on car loans 40% more than just two years ago. Channel 2 consumer investigator Justin ...
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 2009. The repo ...
Car repossessions, which are becoming more common after a dip during the COVID-19 pandemic era, have serious financial consequences for lenders and borrowers. Over a million cars were repossessed in ...
There are ways to avoid the repossession experience. Even if you can’t afford your car loan, you can choose how to go forward. You can surrender your car to the bank, or work out a payment plan to ...