#RefreshFriday Repossessed on Friday the 13th | Bryanna Cox

[Jeff Kershner]

View: https://youtu.be/HMnRhYghsRg


Repossessed on Friday the 13th - Bryanna Cox talks vehicle recovery

Because it is Friday the 13th let's talk about something scary: repossessions!

NIADA connected us with Bryanna Cox at Paradigm Recovery and she is an amazing translator for how that side of the business works. If you have ever wondered how vehicle recovery truly goes and don't believe all the drama on the Lizard Lick Towing, Repossession, or Airplane Repo TV shows here is your chance.

Bring your questions to the live chat - this should be a fun conversation. Bryanna is fun to talk to!

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[Jeff Kershner]

Americans Are Struggling To Pay Car Loans​

An alarming number of Americans with auto loans are struggling to make monthly payments. Auto loan performance saw further deterioration in December, and loan delinquencies jumped. Of all loans, severely delinquent ones have reached the highest rate since the financial crisis about 15 years ago.

Recall last month. We pointed out the auto sector finds itself at a critical inflection point as a crushing auto loan crisis nears. The note was titled "Perfect Storm Arrives: "Massive Wave" Of Car Repossessions And Loan Defaults To Trigger Auto Market Disaster, Cripple US Economy." It provides readers with a roadmap and how the dominos might fall in triggering what Tesla CEO Elon Musk recently warned: "Potentially, the biggest financial crisis ever."

Americans Are Struggling To Pay Car Loans

Of all car loans, severely delinquent ones have reached the highest rate since the financial crisis about 15 years ago

finance.yahoo.com