Storage

Alliance of Illinois Repossessors to Require Storage on ALL Assignments!

November 14, 2022 Editor

All the risk with none of the reward – Is FREE storage really free?...

ARA – Open Industry Storage Survey Results

September 28, 2022 Editor

A Letter from ARA Executive Director, Joel Kennedy To The Repossession Industry and ARA...

ARA Statement – Arson at Repossession Lots

July 29, 2022 Editor

We must reconsider the word “free” and why are we giving a service away...

TexasARP Talks Texas Taxes

October 16, 2021 Editor

To put it plainly, EVERY charge from a repossessor is taxable to the lender...

CFPB Slaps Nissan Motor Acceptance with $5M in Fines for Repossession Practices

October 14, 2020 Editor

“from at least early 2014 through late August 2017, Nissan’s repossession agents, with Nissan’s...

Repo Repossessed Back from Banks Parking Lot

June 18, 2019 Editor

This, among other good reasons, is why you don’t store your repossessed vehicles at...

The CPI and An Industry Left Behind

April 2, 2019 Editor

GUEST EDITORIAL In a scene from “Austin Powers: International Man of Mystery”, Dr. Evil,...

Save Money on Towing and Storage Fees with AutomobileMonitor.com

June 29, 2018 Editor

  FOR IMMEDIATE RELEASE Lenders and lien holders often pay for many more days...

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...

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 Repo Fee…The Kiss of Death of an Industry

June 6, 2018 Editor

  GUEST REBUTTAL By now we have all have seen multiple clients push for...

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...

AutomobileMonitor.com Saving Lenders on Storage through Early Notifications

April 30, 2018 Editor

FOR IMMEDIATE RELEASE One of AutomobileMonitor.com’s vehicle-lender customers recently commented, “I don’t know what...

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…”...

The True Cost of Free Storage

February 14, 2018 Editor

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

Rate a Lender, Rate a Forwarder

August 28, 2017 Editor

A common inquiry on social media in the repossession industry is, lender and Forwarder...

Standardizing Rates or Unfair Price Fixing!

April 17, 2016 Editor

GUEST EDITORIAL An email message to agents appeared in my inbox yesterday that causes...

Personal Property….IT’S MINE!

September 19, 2013 Editor

Personal Property….IT’S MINE! Guest Article We have been told that the number one complaint...