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2. Repossession - Wikipedia

   en.wikipedia.org/wiki/Repossession

   Usually, the vehicle owner must be notified of a repossession. The repossession agent will find the car and check its information such as the vehicle identification number (VIN) to make sure they have the right vehicle. If there is a match, they will attempt to hook up the car to the tow truck and tow it away or pick the lock and drive it away.

3. Vehicle impoundment - Wikipedia

   en.wikipedia.org/wiki/Vehicle_impoundment

   Vehicle immobilization is a key part of the act of impounding.. Vehicle impoundment is the legal process of placing a vehicle into an impoundment lot or tow yard, [1] which is a holding place for cars until they are placed back in the control of the owner, recycled for their metal, stripped of their parts at a wrecking yard or auctioned off for the benefit of the impounding agency.

4. Title loan - Wikipedia

   en.wikipedia.org/wiki/Title_loan

   A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [2]

5. Can a debt collector repo your car?

   www.aol.com/finance/debt-collector-repo-car...

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6. Delinquency rates at highest level in almost 30 years - AOL

   www.aol.com/finance/delinquency-rates-highest...

   Increase in vehicle repossession. So what happens to the over 6 percent of subprime borrowers who were 60 days past due on their auto loans in September? Most drivers who become delinquent see a ...

7. Is That Used Car for Sale Really a Repo or Government Surplus?

   www.aol.com/news/2011-03-30-is-that-used-car-for...

   Ads proclaiming "Government Vehicle Disposal" and "The Repo Joe Sale" are designed to steer buyers to special used car sales events under the pretense they're getting a special deal. But the ...

8. Right of possession - Wikipedia

   en.wikipedia.org/wiki/Right_of_possession

   If the business that bought the vehicle then rented it to someone, that individual would then have possession but would not have right of possession. The company renting the vehicle to them could repossess the vehicle, for example, if they hold the vehicle past the contract period. Also, if the rental company missed payments to the lienholder ...

9. Car Repossessions on the Rise — Are You in Danger of ... - AOL

   www.aol.com/finance/car-repossessions-rise...

   The new car loan rate for September was 7.4% compared to the average rate of 6.9% at the beginning of 2023. The percentage of car owners that pay at least $1,000 a month jumped to 17.1% in the ...