The growing number of repossession assignments coincides with a surge in delinquencies. According to Fitch Ratings, 6.43 ...

The average price of a new car in the U.S. has officially topped $50,000 for the first time in history, according to Kelley ...

Before the pandemic, consumers could easily find a good quality used car for $20,000. However, in 2023, those vehicles made up just 12.4% of the market, as reported by CarScoops. Compounding this ...

Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new and used cars sat at $734 and $525 per month, respectively, it's very easy ...

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 ...

Cars are getting more expensive. Since March 2020, new car prices are up 29% and used car prices up 34%, per USA Today. This outpaced the overall inflation rate of 23%. There are a few potential ...

She couldn't believe that her car was being repossessed so soon after her purchase. When Tiah McCreary bought a used Kia K5 from Taylor Kia of Lima, she thought she was driving away in her new ride ...

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 ...

The Consumer Financial Protection Bureau (CFPB) slapped Fifth Third Bank with a $20 million fine on Tuesday for allegedly forcing auto loan customers to buy unnecessary car insurance policies, and in ...

In its latest performance summary, Manheim is reporting that the volume of stock offered at auction across Q3 was up by ...