CLEVELAND – The computer in the spotter car shouted “Hide!” and repo agent Derek Lewis knew that meant to keep driving like nothing happened. He’d just found another wanted vehicle. He was about to ...
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 ...
WASHINGTON, D.C. – Auto repossessions have risen beyond pre-pandemic levels, according to a recent report from the Consumer ...
Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often converge into one lingering question: “What do I do now?” As an ...
Hudson Cook partner Allen Denson read through the auto-finance portion of the latest Supervisory Highlights shared by the Consumer Financial Protection Bureau and immediately thought of another credit ...
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 ...
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 ...
Fort Worth, Texas, April 28, 2022 (GLOBE NEWSWIRE) -- insightLPR – a technology company providing proprietary license plate recognition (LPR) software, hardware and data products to help companies and ...
The Consumer Financial Protection Bureau used strong language in a news release Monday upon issuing a compliance bulletin on vehicle repossessions. The CFPB said it is “moving to thwart illegal ...
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