Bank Collections

AutomobileMonitor.com Offers Free Trial to Lenders

April 12, 2018 Editor

AutomobileMonitor.com offers lenders a free trial to demonstrate the value of its electronic vehicle...

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...

FL Camera Car Driver Arrested for Threatening Borrower with a Knife

March 30, 2018 Editor

  North Miami Beach, FL – 29 March 2018 – On March 8th, The...

What is CU-Solutions?

March 29, 2018 Editor

FOR IMMEDIATE RELEASE I’ve been asked many questions about CU-Solutions. Those that know me...

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...

Millennium Capital and Recovery Gets an Award for Repo Agencies Income Losses

February 1, 2018 Editor

EDITORIAL EDITORIAL I’d just had a conversation with a Grad student writing a paper...

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...

Repossession Crisis on the Horizon?

December 22, 2017 Editor

  GUEST EDITORIAL Most of us remember the repo boom in 2008-2010 when the...

Florida Creditor Seminar: Repossession Best Practices

December 8, 2017 Editor

Florida Auto Lending Creditors: Best Repossession Client/Vendor Relationship Practices Working With Your Repossessor For...

Repo Companies Being Cut Off From Credit and Banking

December 6, 2017 Editor

EDITORIAL If you didn’t think the big Lenders thought very highly of the men...