Longer loans and higher payments are pushing more borrowers into default.

As America’s auto debt nears $1.7 trillion, repossessions are reaching levels not seen since the Great Recession. Inside an ...

It happens. We fall behind on our payments, and before we know it, we are asking, “Can a creditor take my car if I am making payments, even if I am behind?” When you take out a personal loan or ...

It is undeniably true that car repossession has dire consequences on your credit score and affects your future chances of credit ability. Using a car loan may seem like the best way to own your dream ...

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 ...

Why bank repo cars are the worst, starting with this wrecked Camaro ...

Ford Motor Co. has filed for a patent on technology that would make repossessing cars remotely possible. The application for the patent details various ideas on how owners can be inconvenienced ...

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 ...

Picture this: You’ve fallen on hard times, and you haven’t been able to make your last few car payments. When you step out of your home to head toward your car, you don’t see the fabled “repo man”; ...