The repo man has had a busy year according to new figures that say car seizures in the US are up 23 percent compared with the same period in 2023. Data from Cox Automotive shows that repos are now ...
When an account falls into default and results in repossession, the impact extends well beyond the loss of the asset. That negative mark becomes part of the borrower’s credit history and can shape how ...
Car repossessions, which are becoming more common after a dip during the COVID-19 pandemic era, have serious financial consequences for lenders and borrowers. Over a million cars were repossessed in ...
Repossession, or vehicle seizure, is usually triggered when a borrower misses three or more car payments. For most Americans, reliable transportation is essential to getting to and from their place of ...
In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: ...
A man was injured in a shooting outside the Boone County Library in Burlington while trying to repossess an SUV on Tuesday evening, officials said. Boone County Sheriff's deputies responded to the ...
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Home repossessions jump 47% in a year as more households struggle with higher mortgage rates
The number of homes repossessed between April and June this year jumped 47 per cent compared to the same period last year, new data shows. Home repossessions were also up 10 per cent compared to the ...
You don’t expect the repo man to show up for the mayor of Cincinnati. Yet here we are. Mayor Aftab Pureval now says his 2023 black Lincoln Aviator was repossessed in January 2024 for a few days ...
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