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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.
Vehicle repossessions are on the rise, Barron's reports, meaning many people who bought cars in the past two years are running out of ways to pay for them. According to Kelley Blue Book, the ...
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Best used cars for $10,000 or less in 2024. We highlight the most reliable used cars to buy today, including solid sporty sedans, hatchbacks, hybrids, luxury cars and even an EV. Jeremy ...
On September 17, 2019, interest rates on overnight repurchase agreements (or "repos"), which are short-term loans between financial institutions, experienced a sudden and unexpected spike. A measure of the interest rate on overnight repos in the United States, the Secured Overnight Financing Rate (SOFR), increased from 2.43 percent on September ...
Repossession. Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers.
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