The car repo business is booming as Americans fall behind on their increasingly expensive car payments.
As the economy continues to sour, debt-strapped vehicle owners are defaulting on automobile loans at record rates, providing repo men, auction wholesalers and dealers with loads of work. "Business is ...
SAN DIEGO — After a year of testing and development, LEAP Auto Loans revealed a new program that allows the company to work with lenders to mitigate their losses on defaulted auto loans and allow ...
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 ...
Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance practices, and a ...