The car repo business is booming as Americans fall behind on their increasingly expensive car payments.

More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If your vehicle has been repossessed or you’re at risk of repossession, there ...

When you signed the financing agreement that enabled you to buy a car on payments, you made a legally binding promise to make those payments on time every month. If you miss a single payment by 30 ...

Planet Money book tour ticket info and dates here. A record number of Americans with poor or just okay credit are behind on their car payments. And once last year’s numbers are tallied, an estimated 3 ...

Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new and used cars sat at $734 and $525 per month, respectively, it's very easy ...

As the economy continues to sour, debt-strapped vehicle owners are defaulting on automobile loans at record rates, providing repo men, auction wholesalers and dealers with loads of work. "Business is ...

In another session during Used Car Week 2025 that filled a room to near capacity, the Repo Roundtable is now available through this episode of the Auto Remarket ...

Access to a car is access to the economy,” writes finance professor Mark Jansen in an op-ed. “We shouldn’t cut people off ...

A repossession agent—commonly called “the repo man,” and hired by the creditor to recover the property—may enter your ...