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 ...
Fifth Third Bank is accused of opening fake accounts, charging customers $12.7 million dollars in illegal, worthless fees and even getting customers cars illegally repossessed, according to a ...
No, the bankers weren't donning ski masks, using screwdrivers to break windows, or hotwiring cars to skive off with them in the middle of the night. But according to the Consumer Financial Protection ...
A Lewiston bank's unorthodox approach to selling its repossessed vehicles has caught the attention of area financial institutions. Northeast Bank has set up a side business called Maine Bank ...
CORPUS CHRISTI, Texas — People who are finding it difficult to make their monthly payments on their car payments are risking having their vehicles repossessed. Jeanie Flores, a local said her car got ...
Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance practices, and a ...
Car repossessions in the United States have reached their highest rate since the 2009 recession, reflecting economic strain and rising costs for vehicle owners.Michael Jones, an economics professor at ...
It is undeniably true that car repossession has dire consequences on your credit score and affects your future chances of credit ability. Using a car loan may seem like the best way to own your dream ...