CURepossession

Where the repossession industry gets its news

Another Controversial Repo Contract – this one by Primeritus Financial Services

contrct_1Primeritus Financial Services, Inc. who made headlines by it’s acquisitions of Renovo, USA Recovery, and Skip Master in 2012, sent new service agreements to their network of recovery agents on Tuesday March 12,2013 that includes language giving Primeritus, or 3rd parties of their choice, complete access to recovery agents yards, offices, records, and Primeritus’s clients recovered vehicles. Agents must agree that they will never hold or detain any vehicle for any reason and must waive any right or remedies at law, including any lien or additional costs, that would obstruct Primeritus, or 3rd party of their choice, from taking the vehicle.

 Read More!

Facebook Comments