Lenders

Surviving a Long-Term Repossession Moratorium

March 16, 2020 Editor

EDITORIAL With every national disaster come relief efforts and a consistent tactic employed are...

Intentional Destruction or Ignorance – Who Profits When a Mature Field Service Repossession Company Folds

March 5, 2020 Royal Ellsworth

~ “I really don’t understand what everyone was complaining about the forwarder for, we...

Industry-Leading Integration of RDN and ARA Provides Lenders Instant Visibility into Compliance Status of Recovery Agents

October 16, 2019 Royal Ellsworth

American Recovery Association Compliance Tracking Tool Assists Lenders in Selecting Agents for Assignment FOR...

Get Excited for the North American Repossessors Summit Just Two Months Away!

February 24, 2019 Editor

For Immediate Release When asked to join the NARS Planning Committee, I was honored...

National Auto Lenders Files Chapter 11 Bankruptcy

December 3, 2018 Editor

  Miami, FL – 3 December 2018 – On November 14, 2018 “National Auto...

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...

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...

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...

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...

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...

Illinois, Where Are We Headed?

January 24, 2018 Editor

GUEST EDITORIAL We often read, in this very blog post, about today’s changes and...

Hurricane Harvey – Repossessors Bringing Help

September 4, 2017 Editor 3

The flood waters are started to recede and many are returning to their homes...

Jerry Kroshus Named President and CEO of Auto Approve

August 3, 2017 Editor

For Immediate Release August 3, 2017 – Maple Grove, MN — Auto Approve announced...

The $500 Repo Fee

July 17, 2017 Editor 7

Editorial $500 repo fee. Sounds pretty radical, doesn’t it? Well, really, it’s not. I...

Starting a Repo Company – The Numbers Don’t Work!

July 13, 2017 Editor

Editorial In March of 2017, my 16 years of employment with the credit union...

STOP Manufacturer Licensed Repossession Exemptions!

July 11, 2017 Editor

AB 290 Exemption from Collateral Recovery Act [Oppose] Please help us stop AB 290...

Angry Borrower Makes Bomb Threats to Lender and Families

June 8, 2017 Editor

Kansas City, MO – 7 June 2017 – Jackson County Prosecutors charged a 30-year-old...

Auto Loan Fraud Soars

May 11, 2017 Editor

Up to 1% of car loan applications include deception, firm says Borrower fraud in...

Auto Sales: The Party May be Over

January 10, 2017 Editor

Car sales are near record levels. But this is a time of uncertainty for...

Lenders, this is What You Have Been Waiting For!

October 28, 2014 Editor

FOR IMMEDIATE RELEASE October 28th 2014 –Allied Finance Adjusters announced at their Midyear meeting,...

Who are the real bad guys; Banks, Forwarders, or Ourselves?

December 2, 2012 Editor

Editorial As we all know the state of the repossession industry has changed drastically...