The growing number of repossession assignments coincides with a surge in delinquencies. According to Fitch Ratings, 6.43 percent of subprime auto loans were at least 60 days past due in August, on par ...

The financial road is getting rough for drivers. We're seeing a rise in car repossession and delinquent loans. WRAL's 5 On ...

It’s no surprise that with high car prices, many Americans are struggling to keep up with payments. Fitch Ratings reports ...

So far this year, repos are up 23% compared with the same period last year, according to data from Cox Automotive. Vehicle repossessions began increasing in 2023 and are up 14% from the first half of ...

Don't assume a voluntary repossession is safer. It's a myth that letting the car go ("voluntary surrender") is better for ...

Cars are getting more expensive. Since March 2020, new car prices are up 29% and used car prices up 34%, per USA Today. This outpaced the overall inflation rate of 23%. There are a few potential ...

RED BUD, IL -- He makes his living by taking people's cars away. But, an Illinois repo man sprung a huge surprise on an elderly couple after helping to get their car paid off. Jim Ford, co-owner of ...

Complex: How did you get into the repo business? Tom DeTone: I got into the business probably when I was 19 years old. I stopped what I thought was a theft of a motorcycle, and it was actually a valid ...

You can buy just about anything on platforms like Facebook Marketplace, Ebay and Craigslist -- but how do you know you're getting the whole truth from the seller before you hand over your money? A ...