Car Repossessions Approaching Record High as Delinquency Rates Soar

The growing number of repossession assignments coincides with a surge in delinquencies. According to Fitch Ratings, 6.43 ...

A significant group of Americans are falling behind on their car payments - an economic warning sign

A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the US ...

Car repossessions surge to 15-year high, raising concerns about an economic recession

Car repossessions are surging across the U.S., reaching their highest levels since the Great Recession in 2009.
Planetizen

Car Loan Defaults Have Spiked 50%. With Repossession Rates Rising, How Will Americans Get to Work?

Car loan delinquencies have gone up by 50 percent in the last 15 years, a troubling trend considering that many Americans ...
Texas Standard

Warning sign? 1.7 million vehicles were repossessed last year

So the car loan delinquencies that we’re seeing are really alarming in themselves. 1.7 million cars were repossessed last ...

Car loan crisis: More Americans falling behind on loan payments

As the car loan crisis deepens, a growing number of Americans are struggling to keep up with their auto loan payments.

Americans can’t afford their cars any more and Wall Street is worried

In a country where public transport is scant outside major cities, car loans are one of the last things that Americans will ...
The Daily Dot

‘Have you heard of repo?’: Car salesperson mocks customers who try to trade in busted-up cars

In a viral TikTok video, a car salesperson recreated what it’s really like when a person tries to trade in their used car and expects loads of money. In the video, which has well over a million views ...