Tight household budgets are pushing drivers toward financial strain.

Voluntary repossession allows you to return your car to the lender on your own terms instead of waiting for it to be seized. While it can help you avoid additional fees, involuntary repossession still ...

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 ...

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 ...

Buy here pay here car dealerships offer no credit or bad credit loans, but they can also act as the finance company. Since BHPH auto dealers are acting as a seller and lender, they can have different ...

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 ...

As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years. Cox Automotive estimates yearly auto repossessions went up about 43% ...