Guest Editorial The National Consumer Law Center (NCLC) is proposing major changes to article 9 of the Universal Commercial Code (UCC) which would materially affect consumer lending and how repossessions are done. If states adopt this latest proposed revision of the UCC, it would dramatically change repossession and lending practices and increase the potential for […]
Banks’ loan losses from car financing have risen to a six-year high, new figures show, as the patchy labour market and the mining slump causes more borrowers to fall behind on their payments. Fitch Ratings says the proportion of automobile loans that suffered a loss after lenders sought to repossess the vehicle rose to 0.62 per cent in the June […]
Golden Nugget Hotel and Casino Las Vegas, NV September 21st – 23rd 2016 Coming off of the very successful 2016 Convention in May, the Allied Finance Adjusters are proud to announce the dates of the 2016 Midyear Meeting at the fabulous Golden Nugget in Las Vegas Nevada Sept 21st – 23rd 2016. Read More!
Legal Experts Will Talk About How Agents, Lenders Can Stay Compliant August 16, 2016 – RepoPulse.com is excited to host a free webinar on Thursday, August 18 at 1pm EDT to help make sure repossession agents and auto lenders are not getting caught up in the growing number of legal cases alleging violations of the […]
August 16, 2016 – Earlier this month, English HBO comedian and commentator took aim at the subprime auto industry with some accurate, but perhaps unobjective insights into the financing practices of some “Buy Here Pay Here” used car dealers. Read More!
FOR IMMEDIATE RELEASE July 14, 2016 – The National Consumer Law Center (http://www.nclc.org) is publishing a document promoting changes to the Uniform Commercial Code which would greatly effect the repossession process, sales, and delinquency balances. The NCLC are strong lobbyists in Washington and this has the potential to put huge burdens on the repossession industry…and […]
FOR IMMEDIATE RELEASE: July 5, 2016 – Time Finance Adjusters (TFA), a national trade association for the automobile recovery industry, announced today a first-ever innovative partnership with Vendor Transparency Solutions to provide ongoing, verifiable continuing education for TFA members, their staff, and field agents. Read More!
FOR IMMEDIATE RELEASE: Marana, AZ – June 29, 2016 – Vendor Transparency Solutions (VTS), the recovery and finance industry leader in compliance monitoring and continuing education training, has released its new Expanded VTS Library. “The addition of the expanded VTS Library, together with the VTS Complaint Handling Module, The VTS Profile, the VTS Training Center […]
Everyone is welcome at CALR! For Immediate Release The “CALR Elite” app is a must have for all Lenders and recovery agencies! Keep up to date on the ever changing laws regarding repossessions. Recovery agents in the field can inform & educate law enforcement and consumers during or after repossession. Lenders when choosing a recovery […]
For Immediate release: Everyone is welcome at CALR! In 1961 The California Association of Licensed Repossessors (CALR) was incorporated. CALR is composed of men and women who are dedicated to improving the Collateral Recovery Industry. Our purpose is to strengthen understanding between licensees, law enforcement, financial institutions, regulatory agencies and the consumer. We provide […]