Rising car repossessions could signal warning sign for the economy
NBC News·2026-04-11 23:41
Time is of the essence in San Diego. Alex Alvarez from Active Recovery Services has located a car that's on his repo list for lack of payment. It's in the parking lot of a shopping center. It takes them less than 5 minutes to hook, lift, and tow the car out of the parking lot and it's gone just like that.>> It has to be fast. Uh people want to get in the vehicle before we hook it up. Alex says he takes no pleasure in leaving people without a car, but that's the job he's hired to do.>> Well, I'm buying work ...