My car was repossessed after 6 months of missed payments during a hospital stay. I still owe $20,000 on a 5-year loan with 4 years left — am I responsible for the full a…
Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new ...
Yahoo Finance22d
My car was repossessed after I spent 6 months in hospital. I still owe $20,000 — am I on the hook for the loan?
Now, your car has been repossessed and you still owe $20,000 on a five-year loan with four years left. Does this mean you’ll still owe that amount on a car you no longer own? Here's what you ...
Cheaper home, auto loans: Why repo-linked loans could benefit in 2-3 months
While borrowers may expect their equated monthly installments (EMIs) to drop, many banks typically prefer to keep the EMI the ...
Auto Remarketing8d
PODCAST: Navigating the new landscape of risk & repossessions
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with the ...
New York Daily News27d
Queens car owner shoots repo man as he tries to tow Nissan and BMW
Police are hunting for a man accused of shooting a repossession company worker while he was trying to hook a car up to his tow ... The scene where a repo man was trying to hookup a four door ...
SouthFlorida Reporter10d
Understanding the Rising Risk of Vehicle Repossession: What You Need to Know
The Consumer Financial Protection Bureau (CFPB) recently highlighted a troubling trend: more vehicles are eligible for ...
Auto Remarketing16d
ARA compiles whitepaper to clear misclassifications about repossessions & ‘tows’
The American Recovery Association published a new whitepaper on Wednesday, attempting to clarify what the organization called ...
Rationale behind RBI’s repo rate cut by 25 bps, possible impact on interest rates, investment and consumption
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...