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 ...
Cash-out auto refinancing might help you secure better loan terms and access a lump sum of cash, but there are drawbacks to ...
Auto repossessions may not be a leading economic indicator, but they can act as a thermometer for how Americans are coping with the cost of living. A growing number of drivers seem to be unable to ...
More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not ...
Experian Automotive revealed recently that consumers continued to make timely auto loan payments during the second quarter, lowering the average delinquency rate across all lending organizations, ...
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 ...
The industry’s wait for the Consumer Financial Protection Bureau (CFPB) to release more findings stemming from its project associated with auto financing finally ended on Thursday morning. The CFPB ...
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 ...