Millions of Americans are at least three months behind on their car payments, the benchmark for many lenders to trigger a repossession and a warning light for the economy. In fact, according to a ...

Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...

If you’re in dire straits and you’ve been wondering how to turn in a car you can’t afford anymore, you’re at the right place, because we’re going to lay out the process for you. Can you give your car ...

The effects of the coronavirus pandemic have been especially burdensome on auto-loan borrowers. Unlike student loans and mortgages, there are no government-backed relief programs to cover a monthly ...

More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If your vehicle has been repossessed or you’re at risk of repossession, there ...

Dale Smith is a former Associate Writer on the How-To team at CNET. Typically, missing a car payment can damage your credit score or even lead to the bank repossessing your vehicle. However, in the ...

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 ...

Buying a car with a bank loan is so common most of us don’t even think about it—and these days, you increasingly need a bank loan to buy a used car. When you take a loan for a car you’re signing an ...