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

The Consumer Financial Protection Bureau suggests that lenders may be overzealous in repossessing cars. By Ann Carrns More automobile owners are falling behind on their payments, and a new report ...

Tinker Federal Credit Union reports that more Americans are struggling to keep up with car payments due to higher interest ...

More Americans are struggling to keep up with their car payments. An October report from Vantage Score shows that auto ...

Vehicle sticker prices are way up — and so are maintenance and insurance. Plus, Americans are buying bigger cars with more ...

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

The New York State Department of Financial Services last month reminded lenders to give consumers refunds on their finance and insurance products if their vehicles are repossessed or deemed a total ...

Wrongful repossessions already burdened the industry, and it’s an issue that intensified since the pandemic began. With insurance companies already wary of absorbing too much liability, the ...

For most consumers, they have a variety of options and carriers when it comes to insurance. For repossession agents, availability and choices aren’t so robust because of the complex business among ...

Karen LeSage needs her car. A 57-year-old single mother living in East Hartford, Connecticut, LeSage needs to drive herself to medical appointments for injuries on her legs and to pick up her teenage ...

For many Americans, the thought of trading in their auto-related debt like it was a lemon, would be a dream come true. But it’s only a dream, because, in 2023, the average auto loan debt grew to ...