More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not ...
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 ...
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 ...
Before the pandemic, consumers could easily find a good quality used car for $20,000. However, in 2023, those vehicles made up just 12.4% of the market, as reported by CarScoops. Compounding this ...
Car repossessions in the United States have reached their highest rate since the 2009 recession, reflecting economic strain and rising costs for vehicle owners.Michael Jones, an economics professor at ...
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 ...
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 ...
A woman is going viral on TikTok after explaining why she’s happy that her Kia Telluride got repossessed. Yes, you read that right. Michele Hofmann (@micheleeeed) says she had a steep interest rate—17 ...
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 ...
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 ...