Freedom Debt Relief reports that voluntary car surrender can be a way to avoid repossession, offering more control, but it ...
An empty driveway sends a loud message. It tells a story of missed payments, rising stress, and a ticking clock that nobody ...
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Ford's patent for cars that can repossess themselves
Missing a payment regarding one’s car has always meant trouble would follow. However, Ford’s patent indicates an even more chilling vision of the future may be imminent. While in the past a tow truck ...
Racing to an important meeting, you slide into your driver’s seat and hit the ignition. Nothing. Your dashboard stays dark while your phone buzzes with a text from your auto lender. Welcome to the ...
Picture this: You’ve fallen on hard times, and you haven’t been able to make your last few car payments. When you step out of your home to head toward your car, you don’t see the fabled “repo man”; ...
The number of people defaulting on auto loans has surged to the highest level in 15 years. An estimated 3 million vehicles were repossessed last year. While the increase is due in part to the rising ...
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