Auto-finance expert and business consultant Bill Ploog, who spent more than three decades with Ally and GMAC, shared ...
Average new-car prices are hovering near $50,000. Loan rates remain elevated. More borrowers are walking away from ...
Since 2020 the car market has been rocked by one problem after another. First it was a lack of stock, then parts, then supply. All of this causes prices to shoot up. Along with rising prices also came ...
Freedom Debt Relief reports that voluntary car surrender can be a way to avoid repossession, offering more control, but it ...
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 ...
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 ...
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