Professional certification can add to the credibility of your auto repossession business and help you gain more clients. Certifying bodies set their own standards for certification, which can range ...
Repossessions are reaching record levels, but you can put the brakes on the process before it's too late. Here's how.
Auto repos are on the rise More people had late car payments in the first quarter They are likely to rise even more The percentage of car owners who are falling behind on their payments or are facing ...
Auto repossessions spiked in 2022 above pre-pandemic levels, coinciding with a sharp increase in the use of third-party repo agents and higher costs to consumers, the Consumer Financial Protection ...
An increase in auto repossessions due to borrowers defaulting on their car loans is raising new questions about whether the auto industry is going too far selling new cars and trucks to those with ...
A growing problem is emerging in the US as car repos have hit their highest level since 2009, back when the country was in a recession. That’s sparking fears not only of a wider economic struggle but ...
The auto repossession business is down More buyers are making their payments on time Some professionals are leaving the business With the economy on the upsurge, it's a tough time to be a repo man.
When a deal goes south in the car business and a vehicle is repossessed, there is no winning, just degrees of losing. It starts with your mobility and credit rating, but it quickly snowballs from ...
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He enjoys the thrill of his work, but sympathizes with his often unwilling "clients." He's happy that his workload is surging, but is well aware of its correlation to a decline in the fortunes of ...
Times are tough for the repo man, but that’s probably good for the rest of us. Delinquencies on auto loans and repossessions are at or near seven-year lows, even though auto sales -- and auto loans ...