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Auto repossessions surge as car costs continue to climb

More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not ...
Yahoo Finance

A bank created fake accounts, forced clients into unnecessary car insurance and repossessed vehicles when they didn’t pay. Now it has agreed to $20 million in penalties

Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance practices, and a ...
Los Angeles Times

Wells Fargo charged customers for unneeded auto insurance — then repossessed their cars

Wells Fargo & Co. charged hundreds of thousands of auto-loan borrowers for insurance they did not ask for or need, in some cases causing those customers’ cars to be repossessed — the latest in a long ...
The Ledger

MidFlorida Leases Space for Repossessed Cars

LAKELAND | MidFlorida Federal Credit Union is opening a used car dealership? Yes, sort of. The Lakeland-based credit union has established MidFlorida Wholesale Auto Sales at a former car lot on Lake ...