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: ...

American Recovery Association president Todd Case tried to clarify the organization’s position about what could be a flashpoint issue for repossession agents.

As discussed here, in February 2023, the Consumer Financial Protection Bureau (CFPB or Bureau) launched the auto finance data pilot and issued nine market monitoring orders to three banks, three ...

Voluntary repossession allows you to return your car to the lender on your own terms instead of waiting for it to be seized.

With the economic climate shifting and lending practices evolving, certain types of vehicles are more prone to repossession in the coming years. The combination of high sticker prices, costly ...