Car repossession is every buyer's worst nightmare, but it's a reality that many will face. If it happens to you, this is what ...

A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and this year is on track to hit 3 million, the most since 2009 (1).

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 ...

FONTANA, Calif. — Dealers might not necessarily be asking auctions specifically about repossessed vehicles. But when a repo unit comes down a lane, it's likely headed to a dealer's inventory soon.

Buying a car with a bank loan is so common most of us don’t even think about it—and these days, you increasingly need a bank loan to buy a used car. When you take a loan for a car you’re signing an ...

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 ...

Repossessions and recoveries will be one of the main topics covered during Used Car Week, which begins on Monday at the Red Rock Resort in Las Vegas. In fact ...

It was a Sunday night in August, just after midnight, when I was awakened by a loud banging. I opened the front door, ready to deliver a reminder about not forgetting the house key to my college ...

The New York Fed said it would expand the size of repurchasing agreements starting from Thursday, as part of its operations to inject liquidity into the financial system. The New York Fed said it ...