MILWAUKEE - Auto repossessions are expected to climb in 2023 now that consumers no longer have the benefit of more leniency from lenders and stimulus programs, but car owners in Wisconsin do have some ...

Repossessions are reaching record levels, but you can put the brakes on the process before it's too late. Here's how.

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 ...

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: ...

We are receiving mixed messages regarding trends in repossessed cars. Some experts see the recent spike in repos as the market sorting itself out after record-low repossession rates the past couple of ...

A&B Abstract: The Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) recently released a Bulletin addressing the repossession of vehicles and alerting market participants to what it views ...

Mike Peplinski, vice president of the Harding Brooks Insurance Agency, appeared on the Auto Remarketing Podcast for a frank discussion about the growing challenges of repossession agencies having ...

On February 28, 2022, the CFPB released a Compliance Bulletin and policy guidance entitled “Mitigating Harm from Repossession of Automobiles.” In its bulletin, the CFPB sets forth the objective of ...

Automakers are looking for ways to protect themselves from defaults as Canada's auto loan delinquency rate rises. Ford Motor Company has recently taken steps to ensure that their vehicles remain in ...

Repossessing a car is supposed to be the last resort for lenders, who can usually make more money working out a payment plan with borrowers than selling the car at an auction for a loss. But the ...