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 ...
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My car got repossessed. Now what?
More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If ...
During tax season, the auto-repossession sector typically sees a dip in repossessions as customers receive additional cash and pay down their obligations. Recent data from Fitch Ratings and the ...
New York (CNN) — Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance ...
Now this is what a detailing expert calls a disaster. The previous owner treated this BMW 325i like a trash can. He put dirt on the car on purpose to make things complicated for the bank that was ...
Standing Repo (SRP) counterparties are expected to transact in at least two SRP operations every six months, and encouraged to transact in all relevant security types, to ensure robust end-to-end ...
AOL Autos recently shared three strategies aimed at making repossessed vehicles more appealing to consumers. The site emphasized that purchasing a repo unit can be a pathway to a more luxurious model ...
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