WINDHAM, N.H. — Stephens & Michaels' Avert Repo division says it is helping customers facing auto repossession retain their cars. Basically, Avert works with consumers and their lenders to get ...
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 ...
The car repo business is booming as Americans fall behind on increasingly expensive car payments. Cars are being repossessed at the highest rate since the Great Recession of 2008 and 2009. The repo ...
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 ...
Auction sales of 2-year-old vehicles from commercial consignors climbed nearly 32% year-over-year in November and beat October numbers by 4%. Through 11 months of the year, sales of these vehicles ...