June 21, 2012 – In Experian’s 1st Quarter “State of the Automotive Finance Market” report, it was reported that in the first quarter of 2012, auto repossessions were down 37.1% or, 25bp lower than they were in the first quarter of 2011. This coupled with a 19bp improvement in 30-day delinquencies paints a picture of yet another thin year for both the repossession and the auto collections industries.
Read More!
More Stories
A Step Toward Safer Repossessions: PAR’s Field Protection Program
MN LPR Bill Bites the Dust
Bat-Wielding Repo Rampage Ends in Prison Sentence
LPR Repo Data Gathering and Use Under Fire in MN Bill
Senator Warren Goes Back Down the Lending and Repossession Rabbit Hole
Repo Industry Pioneer Joe Taylor Passes Away