ATLANTA — Auto Auction Services Corp. recently hosted a focus group for the repossession industry, inviting recovery agency managers to give their feedback about how they run their businesses, and ...
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: ...
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 ...
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Will doing a voluntary reposession protect your credit?
Voluntary repossession allows you to return your car to the lender on your own terms instead of waiting for it to be seized.
Facing the prospect of car repossession might feel like an insurmountable challenge, but there are proactive steps you can take to steer clear of this stressful scenario. Whether you’re wrestling with ...
The car repo business is booming as Americans fall behind on increasingly expensive car payments. Cars are being repossessed at the highest rate since the Great Recession of 2008 and 2009. The repo ...
(WXYZ) — With the cost of living still high, many people are struggling to pay bills -- including auto loans. Unfortunately for some, that's led to a new trend ...
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 ...
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