CURepossession

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May 2020 “State of the Repossession Industry Survey” – CONCLUSION

We hope that this survey has provided some insight into the current operational environment and industry practices. There are easily another twenty questions that we could have asked, but we wanted to be sensitive to not require too much investment of agency owners time. That said, we do plan on running another survey in late July to see what has changed and, if we can gather enough interest, we would like to provide the questions early enough to a vetted list of agencies to acquire stronger data.

If you are interested in joining our group of anonymous vetted agents, we will be sending out an invitation in June. It is our desire that we can accumulate at least two hundred agencies to participate in order to have a deep enough pool of data for some meaningful analysis.

I think we all expect to see some opening of standard repossession activity soon and as that happens, we hope that you all stay safe and profitable.

Thank you,

Kevin Armstrong

Editor

Click on the below to proceed to the other sections

Introduction

Standard Operations

Staff Levels

Fees

Violence

Forwarders

LPR

Agent Commissions

Conclusion

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