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Why join a state trade association for the repossession industry? What's in it for you? Pat and Bryanna talk with Gerry Hall Weir, the president of the new Recovery Agents of The Carolinas for some answers. Bryanna shares some of her thoughts as a former association-hater, and thoughts about the hopes of a new future working together in this crazy business.
Bry and Pat talk with Harding Brook's Mike Peplinkski about the insanity of our struggling industry providing millions of dollars of free insurance to America's richest auto lenders.
Pat talks with ARA's new director, Joel Kennedy, about the end of juvenile politics for the repossession industry....hopefully. Also the Wells Fargo Bonus, firebombs and insurance, and the need to change to survive in this struggling industry.
Based on an article on CU Collector, Pat talks with Scott about the possibility of one major lender ceasing self-help repossessions...a movement which could end the repossession industry. Is it possible?
Pat and Bryanna speak with the new president of the American Recovery Association, Vaughn Clemmons, and its new director Joel Kennedy. Joel is the former president of the National Automotive Finance Association. Is ARA sleeping with the enemy via roundtables with forwarders? What can a trade association do to benefit your business? Pat and Bryanna intend to find out.
Competition is good, right? Well, another entity is entering the LPR market...Location Services, launching their insightLPR division. How will it be better/worse/different than the current leader in the LPR marketplace? Bryanna and Pat are going to find out!
Repossessors are an intriguing and colorful lot. Kevin's book, "Repo Blood" documents the history of the repossession industry, outlining warring trade associations, murders, family tragedies, and stellar successes in this crazy business. Stories about industry legends, stolen blimps, and Steve Job's father, just to name a few. Pat Altes and Bryanna Cox interview author Kevin Armstrong about this latest book on the repossession business.
Yessir, the CFPB has it out for lenders, repossessors, or collectors overstepping the lines with consumers in the US military. Nissan, Wells Fargo, Santander have all been busted by feds for improper handling of military-related repo's. What's a repossessor to do? We speak with SCRA expert Jarrett Carson about how to keep ourselves out of hot water.
Over 30+ stakeholders in the repossession process here in America agreed to sit down in Dallas, Texas, to discuss pain points, inefficiencies, and growth areas for everyone's mutual benefit. Pat talks with ARA Director Les McCook and ARA board member Jeremy Cross about how it went, and what we might expect in the future.
Some clients employ incentives are producing poor results that are far worse than they ever imagined. Forcing a repossession vendor to work assignments on a contingent basis have tanked repossession recovery ratios. Clients are losing countless $20k vehicles by lowballing the very people that could recover them.
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