Tag Archive

How Low Can Repossession Fees Go?

Published on June 29, 2015 By Cucolle1

Guest Editorial Repossession fees have been cut and cut to the point it is getting dangerous. It’s been shown time and time again, when you read these stories about repossessions gone bad, they happened when you have untrained people out there picking up cars and/or they are under undue stress to repossess that car because […]

Anonymous Creates Epic Video Explaining the State of the Repo Industry

Published on June 24, 2015 By Cucolle1

The mysterious anti-repossession forwarding group, Anonymous has created a humorous but fact filled video explaining the current state of the repossession industry. Albeit in the form of an animated narrator, the purposely formatted “Fairy Tale” entitled “Welcome to a Grim Fairytale About our Total Annihilation“ does a good job of explaining the history of repossession […]

ROA Partners With NCCI Providing Field Contact Services

Published on June 19, 2015 By Cucolle1

New partnership helps reduce loan losses for ROA clients FOR IMMEDIATE RELEASE PASADENA, Calif., June 18, 2015 — Remarketing of America (ROA), the premier risk management and loss mitigation provider of recovery and remarketing services for the financial services community, has partnered with National Creditors Connection, Inc. (NCCI) to provide field contact services for lenders […]

The Court Got It Right

Published on June 17, 2015 By Cucolle1

Guest Editorial If you read CUCollector, which is an excellent forum for information and accuracy for the collateral recovery industry and the lending community you probably read the recent article regarding a lawsuit filed in federal court under the FDCPA by Wanda Vantu v. Echo Recovery, LLC, et al. This article has stimulated lots of […]

CFPB Now Ready to Review Repossession Agencies!

Published on June 15, 2015 By Cucolle1

Buried in the announcement that the Consumer Financial Protection Bureau will now be regulating non-bank auto finance companies, was the announcement that they will also expand their authority into the repossession industry.   Treating consumers fairly when collecting debts: The Bureau will assess whether auto finance companies are using illegal debt collection tactics. The Bureau […]

Join Us for our Webinar and Check Out MasterFiles New Features!

Published on June 10, 2015 By Cucolle1

Press Release Check Out MasterFiles New Features! This webinar occurs several times. Please register for the date and time that works best for you. Register now!   Read More!

The Next Big Thing is Already Here! AFA Client Login Portal!

Published on June 4, 2015 By Cucolle1

Clients can now manage their AFA Members Compliance Documents!  For Immediate Release: Allied Finance Adjusters has implemented a new “Client Login” portal!   Vendor Managers have inquired about getting their own login to the AFA Website to manage ONLY the members they have approved for repossession services. They asked and we provided! We now have in […]

An Old Problem is Coming Back

Published on May 12, 2015 By Cucolle1

Guest Editorial I’ve written on this topic twice before and didn’t think I would need to write about again. But as new collectors come into this industry, old lessons are not always passed on. So here’s the lesson. It’s a little before 3:00am, very quiet. A tow truck is idling up backwards into a driveway […]

An SUV, a Loan and a Lawsuit

Published on May 9, 2015 By Cucolle1

New York woman went to a car dealership and walked out with more than she bargained for   Washington, DC – May 8, 2015 – Olga Arroyo said she went to an auto dealership in the Bronx last year planning to cosign a car loan for her 39-year-old son. But the 56-year-old Manhattan resident, who […]

Communication is Key! Knowledge Empowers You!

Published on May 9, 2015 By Cucolle1

Press Release The 2015 Recovery Specialist Insurance Group (RSIG) & Allied Finance Adjusters Conference Annual Meeting is coming up – less than 50 days away!  If you’re not signed up for this must attend event take advantage of the promo code “MOM15” to get registered today.   Last year over 520 people attended, making it […]

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