News

TX Repo Man Injured by Borrower

Posted by on March 23, 2017 at 6:57 am

Wichita Fall, TX – 22 March 2017 – A Wichita Falls Repo Man attempting to repossess a pick-up, received injuries after the borrower allegedly tried to tear his truck free from the wheel lift.   Read More!

Subprime Auto Loan Losses Reach Highest Level since the Financial Crisis

Posted by on March 13, 2017 at 6:48 am

Subprime net loss rate in auto bonds rose to 9.1% in January U.S. subprime auto lenders are losing money on car loans at the highest rate since the aftermath of the 2008 financial crisis as more borrowers fall behind on payments, according to S&P Global Ratings. Losses for the loans, annualized, were 9.1 percent in […]

Repossession Amateur Hour in a California Trailer Park

Posted by on March 10, 2017 at 7:51 am

This is why lenders need to use qualified agents! Calaveras County, CA – March 9, 2017 – Sheriff’s Deputies responding to a report of a fight at the Sequoia Rose Mobile Home Park in Valley Springs Feb. 27 wound up arresting three adults and a juvenile on assault charges. In an official release on the […]

The License Plate May Soon Become Digital

Posted by on March 2, 2017 at 7:33 am

Reviver is a start up with heavyweights like the chairman of Microsoft on its Board of Directors.  It’s determined to make the license plate digital and connected. Reviver says the license plate hasn’t changed in 125 years, so it’s pushing it into the 21st century by turning it into a digital display and connecting it […]

Prison Term of Repo Man Killer Reduced

Posted by on March 1, 2017 at 7:25 am

Fauquier County, VA – 28 February, 2017 – The Virginia Court of Appeals today reversed a portion of the conviction of a Marshall man who shot and killed 23 year old Junior Jordan Montero while he was repossessing his car in June 2014. Carroll Edward “Tootie” Gregg, 55, of Marshall, was found guilty of two […]

Santander Decides Not to Use GPS

Posted by on February 27, 2017 at 7:26 am

Dallas-based Santander Consumer USA Holdings Inc., one of the country’s biggest subprime auto lenders, has decided not to use GPS-tracking and ignition kill switch technology as regulators clamp down on the devices, an executive said.   Read More!

Two Arrested in Repo Attempt

Posted by on February 24, 2017 at 7:17 am

Fremont, NB – 22 February 2017 – Two Fremont men were arrested after they allegedly tried to repossess a vehicle from a Fremont residence early Tuesday evening.   Read More!

Repo Man Shot During Alleged Garage Break In

Posted by on February 10, 2017 at 7:40 am

Lake Havasu City , AZ – 10 February 2017 – Lake Havasu City Police are investigating a shooting in the 2400 block of North Rainbow Avenue that sent two men to the hospital Thursday with non-life threatening injuries. At 2:18 a.m. a female in the residence called police to report there were people attempting to […]

Repo Man Takes Baby for a Ride

Posted by on February 9, 2017 at 6:53 am

Dewey, AZ – 9 February 2017 – A mother put her toddler in the car on Wednesday Feb. 8, ran back into her house, and came back to find the car and child gone, according to Dwight D’Evelyn, a spokesperson for the Yavapai County Sheriff’s Office.   Read More!

Repo Man Struck on the Head with Shotgun

Posted by on February 7, 2017 at 7:28 am

Antioch, CA – 6 February, 2017 – On January 29 at 3:48 pm, a repossession truck driver attempted to recover a 2011, Infiniti, G37, parked in front of a home in the 400 block of W. Tregallas Rd. Once the vehicle was up on the tow truck, a 25 year old man exited the residence […]

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