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 ...

ATLANTA — Auto Auction Services Corp. recently hosted a focus group for the repossession industry, inviting recovery agency managers to give their feedback about how they run their businesses, and ...

Picture this: You’ve fallen on hard times, and you haven’t been able to make your last few car payments. When you step out of your home to head toward your car, you don’t see the fabled “repo man”; ...

Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...

Wanna be a repo person? A car repossession is one of the worst things that can happen to a driver. A repo damages your credit beyond repair for years and leaves you without the means of transportation ...

The automaker filed a patent for a vehicle system that punishes drivers directly, if they fail to keep up with their payments. Reading time 4 minutes Car companies often talk about autonomous vehicles ...

In brief: A recently published Ford patent application outlines some of the extreme systems and methods the automaker could implement when attempting to repossess a vehicle. The application, filed in ...

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 ...