Bank Collections

Santander Prepares for Full Enforcement of 10 Minute Check in Mandate

June 24, 2018 Editor

25 June, 2018 – In an email broadcast sent last week from ALS Resolvion...

Santander Demands 20 Days Free Storage – There’s That Sucking Sound Again

June 15, 2018 Editor

  Editorial Last Wednesday, an email was sent to agencies working forwarded repossession assignments...

2018 Annual Northeast Debt Collection Conference

June 13, 2018 Editor

September 16-18, 2018 Caesars Atlantic City, Atlantic City, NJ FOR IMMEDIATE RELEASE Join the...

Chase Pays Primeritus up to $800 on a Repo

June 12, 2018 Editor

  EDITORIAL While everyone who is spinning their wheels for $300 a repo contingent...

All in One Pricing??? A UDAAP Violation???

June 6, 2018 Editor

  GUEST REBUTTAL It does not matter how many analytics you perform to reach...

All In One Pricing For Repossession Services Offers Potential Benefits But…..

June 6, 2018 Editor

  FOR IMMEDIATE RELEASE Over the past 12-18 months, there has been a real...

Repo Man Shot by Gang in Chicago – Gangs Getting into The Tow Business

May 29, 2018 Editor

  Chicago, IL – 27 May 2018 – Late Tuesday night the 22nd of...

Repossessions….A HAZARD to Your Health!

May 18, 2018 Editor

  GUEST EDITORIAL Hello everyone, To those that responded to my last composition; thank...

Introducing the “Supernova Hybrid Model” – The Forwarding Model is About to Experience Market Interruption

April 19, 2018 Editor

  FOR IMMEDIATE RELEASE Over the last 20 years, the forwarding model has remained...

Primeritus Financial Services Receives Top Honor from Ally Financial

April 17, 2018 Editor

  PRESS RELEASE Nashville, Tenn., April 17, 2018 – Primeritus Financial Services, Inc., the...

Bond Coverage

April 5, 2018 Editor

  GUEST EDITORIAL What is “Bond Coverage” as that term is used in the...

ALS Resolvion announces integration with Clearplan Platform- Enhancing Service and Compliance to its Clients

April 3, 2018 Editor

  FOR IMMEDIATE RELEASE Charlotte, NC, March 22, 2018 – ALS Resolvion becomes the...

Bridgecrest’s Erosion of Fees – A Fee History

March 27, 2018 Editor

  EDITORIAL Why is the repossession industry dying? Simple. You’re getting hosed! There has...

A Quick Change of Positions – The Bridgecrest Financial/ARA Compliance Program Mandate

March 16, 2018 Editor 4

A Quick Change of Positions – The Bridgecrest Financial/ARA Compliance Program Mandate Editorial Recently,...

American Recovery Association Selected For Exclusive Partnership with Bridgecrest

March 15, 2018 Editor

  ARA announces partnership with Bridgecrest on training, vendor vetting   Irving, Texas, March...

Advantage GPS by Procon Analytics Launches an Automotive Analytics RealTime Risk Assessment Dashboard Integrating Artificial Intelligence

March 6, 2018 Editor

Auto lenders can now view real-time analytics for key indicators used to monitor the...

PAR Admits to Dual Repo Assignments

March 5, 2018 Editor

EDITORIAL In a repossesor network communication from PAR North America sent last week, PAR...

Clarification on the Westlake-LPS Check Post

March 2, 2018 Editor

EDITORIAL Yesterday I published a quick editorial on a pair of photos of a...

Santander Collecting Storage, But Repo Agencies Can’t?

February 22, 2018 Editor

  To quote someone who may desire to remain anonymous, “Let This Sink in…”...

This Subprime Auto Lender Repos 35 Percent of the Cars It Finances

February 22, 2018 Editor

  Subprime auto lending has faced intense regulatory scrutiny over the past year, and...

The True Cost of Free Storage

February 14, 2018 Editor

  GUEST EDITORIAL Repossession company owners hear this phrase every time they court a...

Double Assignments = Deadly Assignments

February 7, 2018 Editor

  EDITORIAL For whatever reasons, the practice of double assigning repossessions keeps rearing its...

When Does and Independent Contractor Become an Employee?

January 18, 2018 Editor 2

Guest Editorial There is a strange phenomenon occurring in the asset recovery industry consisting...

The Stupid Math behind Contingent Repossession Assignments

January 11, 2018 Editor

“People don’t always respond to incentives in the ways you might predict. What distinguishes...

Lenders Creating Headaches on RDN

January 3, 2018 Editor

GUEST EDITORIAL According to some repossession agencies, recently, some lenders are making direct address...