More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not ...
Ford has some interesting ideas on what self-driving cars might soon be able to do. Besides freeing us from the tedium of commuting, the company envisions cars that could repossess themselves.
Missing a payment regarding one’s car has always meant trouble would follow. However, Ford’s patent indicates an even more ...
High prices, expensive housing and recent job losses are pushing more Americans into a financial hardship, and now another ...
Your car is an example of secured debt, which can be seized by a debt collector, depending on the terms of your loan. Whether a debt collector can repo your car can also depend on the type of ...
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 ...
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 ...
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 ...