As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
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 ...
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My car got repossessed. Now what?
More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If your vehicle has been repossessed or you’re at risk of repossession, there ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
A repossession agent-commonly called "the repo man," and hired by the creditor to recover the property-may enter your ...
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Driver thought his car was repo’d — then he found it in the strangest place
When a driver walks outside and finds an empty parking spot where their car should […] ...
After his hand was run over while he attempted to repossess a car, tow truck operator Ted Baldwin gave up on repossessions. “The owner of the vehicle came out while I was behind the tire hooking it up ...
WASHINGTON — Ford has filed for a patent that could lead to cars repossessing themselves if a driver misses payments in the future. The patent application from Ford Global Technologies was filed with ...
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