Bank Collections

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What is CU-Solutions?

March 29, 2018 Cucolle1

FOR IMMEDIATE RELEASE I’ve been asked many questions about CU-Solutions. Those that know me...

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Bridgecrest’s Erosion of Fees – A Fee History

March 27, 2018 Cucolle1

EDITORIAL Why is the repossession industry dying? Simple. You’re getting hosed! There has been...

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A Quick Change of Positions – The Bridgecrest Financial/ARA Compliance Program Mandate

March 16, 2018 Cucolle1 4

Editorial Recently, the American Recovery Association partnered with Bridgecrest Financial to be the sole...

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American Recovery Association Selected For Exclusive Partnership with Bridgecrest

March 15, 2018 Cucolle1

ARA announces partnership with Bridgecrest on training, vendor vetting   Irving, Texas, March 16,...

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Advantage GPS by Procon Analytics Launches an Automotive Analytics RealTime Risk Assessment Dashboard Integrating Artificial Intelligence

March 6, 2018 Cucolle1

Auto lenders can now view real-time analytics for key indicators used to monitor the...

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PAR Admits to Dual Repo Assignments

March 5, 2018 Cucolle1

EDITORIAL In a repossesor network communication from PAR North America sent last week, PAR...

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Clarification on the Westlake-LPS Check Post

March 2, 2018 Cucolle1

EDITORIAL Yesterday I published a quick editorial on a pair of photos of a...

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Santander Collecting Storage, But Repo Agencies Can’t?

February 22, 2018 Cucolle1

To quote someone who may desire to remain anonymous, “Let This Sink in…” Perhaps...

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This Subprime Auto Lender Repos 35 Percent of the Cars It Finances

February 22, 2018 Cucolle1

Subprime auto lending has faced intense regulatory scrutiny over the past year, and one...

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The True Cost of Free Storage

February 14, 2018 Cucolle1

GUEST EDITORIAL Repossession company owners hear this phrase every time they court a new...

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Double Assignments = Deadly Assignments

February 7, 2018 Cucolle1

EDITORIAL For whatever reasons, the practice of double assigning repossessions keeps rearing its ugly...

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Millennium Capital and Recovery Gets an Award for Repo Agencies Income Losses

February 1, 2018 Cucolle1

EDITORIAL So, as you spend a half hour carefully listing and doing inventory on...

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When Does and Independent Contractor Become an Employee?

January 18, 2018 Cucolle1 2

Guest Editorial There is a strange phenomenon occurring in the asset recovery industry consisting...

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The Stupid Math behind Contingent Repossession Assignments

January 11, 2018 Cucolle1

“People don’t always respond to incentives in the ways you might predict. What distinguishes...

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Lenders Creating Headaches on RDN

January 3, 2018 Cucolle1

GUEST EDITORIAL According to some repossession agencies, recently, some lenders are making direct address...

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Repossession Crisis on the Horizon?

December 22, 2017 Cucolle1

GUEST EDITORIAL Most of us remember the repo boom in 2008-2010 when the housing...