Can I surrender my car if I can’t afford the loan? There are ways to avoid the repo experience. Even if you can't afford your car loan, you can choose how to go forward. You can surrender your car to ...
Add Yahoo as a preferred source to see more of our stories on Google. Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often ...
Car ownership remains a struggle for many Americans. In the first quarter of 2026, the average monthly loan payment on a new car sped past $800 for the first time, according to data from JD Power, and ...
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How car repossession works and what to do next
Car repossession can feel overwhelming because it affects your mobility and your financial stability at the same time. You might worry about surprise towing, hidden fees, or how quickly things could ...
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Car Repos Are Soaring To 2009 Levels
A growing problem is emerging in the US as car repos have hit their highest level since 2009, back when the country was in a recession. That’s sparking fears not only of a wider economic struggle but ...
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 ...
This company is reshaping auto repossession through gig workers and constant surveillance. Here’s what that means for privacy and the industry. DRN sells license plate recognition cameras and data for ...
There are ways to avoid the repossession experience. Even if you can’t afford your car loan, you can choose how to go forward. You can surrender your car to the bank, or work out a payment plan to ...
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