In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: ...

Can I surrender my car if I can’t afford the loan? There are ways to avoid the repo experience. Even if you can't afford your car loan, you can choose how to go forward. You can surrender your car to ...

As president of Intellaegis, the software company that built masterQueue, and a founding partner in RepoRoute, I’d like to share some thoughts on the importance of field management software and where ...

Average car payments have been rising for a while. Although auto loan delinquency rates have been down since the height of the pandemic, Ford applied for a patent to make the repossession process go ...

Car repossession can feel overwhelming because it affects your mobility and your financial stability at the same time. You might worry about surprise towing, hidden fees, or how quickly things could ...

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% ...

Automakers are looking for ways to protect themselves from defaults as Canada's auto loan delinquency rate rises. Ford Motor Company has recently taken steps to ensure that their vehicles remain in ...

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 ...

"Dude, Where's My Car?" may be the name of a lame Ashton Kutcher movie, but it could also be your response as you realize that your car has been repossessed. Just like a home, a car is not yours until ...

Find out how the repossession process works and what you should be aware of. If you have mortgage or secured loan arrears, your lender may try to repossess your house to recover their money.