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Archive for August 2018

Personal Property & Redemption Fees: A HOT Topic in Auto Repossession

auto repo personal property redemption

Over the past year, the handling of personal property and redemption fees has become one of the hottest compliance topics in the industry.  It is on the radar screen of virtually every auto lender in the country, as well as the regulators.  Most of this interest is sparked by CFPB concerns over disparate treatment of…

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Key Issues Surrounding All in One Repossession Pricing

all in one pricing auto repossession

When it comes to auto repossession services, all in one pricing can, indeed, offer benefits in these areas.  However, as many lenders have come to understand, it must be approached very carefully and requires fairly deep analytics to gain a clear view of where the pricing should fall. Here are the key issues surrounding an…

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