It’s no surprise that with high car prices, many Americans are struggling to keep up with payments. Fitch Ratings reports ...
Subprime auto loan delinquencies hit record highs as lower-income Americans struggle with rising car costs and tighter ...
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 ...
We are receiving mixed messages regarding trends in repossessed cars. Some experts see the recent spike in repos as the market sorting itself out after record-low repossession rates the past couple of ...
New data is showing the number of car repossessions is hitting its highest rate in years. According to Fitch Ratings, more Americans are falling behind on their car payments after a sharp decline in ...
Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new ...
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 ...
A creator known as the Repo Reaper (@only1reporeaper), who makes videos of himself repossessing cars, captured the imagination of many TikTok viewers with a video that he uploaded to the platform. The ...