Repossession for a car happens when you’ve defaulted on your auto loan, and your lender may seize the vehicle to recover its losses. In many states, lenders are not required to give you notice before ...

Imagine it's the near future, and you've bought a new car with a self-driving mode. But hard times hit and you fall behind on loan payments – then, one day you find your car has driven itself away to ...

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 ...

If you miss payments on your leased car, it may be repossessed, which can be expensive and financially damaging. You can try to prevent repossession by making missed payments, contacting the leasing ...

As America’s auto debt nears $1.7 trillion, repossessions are reaching levels not seen since the Great Recession. Inside an industry at the front line of the country’s affordability crisis.

Facing car repossession can be a stressful and overwhelming experience. Missing car payments can happen due to unexpected circumstances, but acting quickly is important to prevent your car from being ...

From the lessee's point of view, the specifics of a repossession depend primarily on 1) the terms of the contract, 2) the payment history and 3) state law. Sometimes there's a little wiggle room – a ...

Missed payments, collections and other derogatory marks can stay on your credit reports for seven years or more. Derogatory marks on your credit are negative items such as missed payments, collections ...

(AOL Autos)-- Motorist one, let's call him Jim, just bought a used car from his neighborhood auto dealer. Meanwhile, motorist two, let's call her Jane, just lost her new car to repossession. Jim ...

A 27-year-old tow truck driver from Gaston was arrested Wednesday afternoon after an alleged confrontation tied to a vehicle repossession in North Charleston.