Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what ...
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 ...
The number of car repossessions is growing. The latest numbers show people are defaulting on car loans 40% more than just two years ago. Channel 2 consumer investigator Justin Gray has been digging ...
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 ...
More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If ...
You don't gotta tell me twice. Times are tough on the streets nowadays. Prices are up, inflation is still kicking us in the nads, and jokes about digging between couch cushions for change are now very ...
Before the pandemic, consumers could easily find a good quality used car for $20,000. However, in 2023, those vehicles made up just 12.4% of the market, as reported by CarScoops. Compounding this ...
Cars are getting more expensive. Since March 2020, new car prices are up 29% and used car prices up 34%, per USA Today. This outpaced the overall inflation rate of 23%. There are a few potential ...