If your car has not yet been repossessed ... If you don’t catch up on payments by the third month, the repossession process typically begins. Kibbel recommends reviewing your loan documents ...

If you miss payments on your leased car, it may be repossessed, which can be expensive and financially damaging. You can try to prevent repossession by making missed payments, contacting the ...

Additionally, once the process is complete, there is a high chance of being upside down in the car loan. Many people at risk ...

The Consumer Financial Protection Bureau (CFPB) recently highlighted a troubling trend: more vehicles are eligible for ...

Additionally, the bureau said finance companies were increasingly more likely to use third parties — forwarders — to manage the repossession process ... and finance a car,” CFPB director ...