Repossession

3 min read

Lenders Ask: Why do Flatbed Tows Cost So Much?

April 2, 2023 Cucolle1

A Repossession Company Owner Answers GUEST EDITORIAL I have had some recent conversations in...

7 min read

CFPB Provides Clarity on UDAAP Repossession Fees

March 20, 2023 Cucolle1

“We’re concerned about servicers that charge fees above the actual applicable cost to the...

9 min read

CFPB’s Response to Questions on UDAAP Repo Fees

March 14, 2023 Cucolle1

EDITORIAL Last week I reported the Consumer Financial Protection Bureau findings of charging of...

6 min read

Red Flags Rising in Auto Delinquency – Troubling Trends

March 5, 2023 Cucolle1

January Auto Delinquency Even Worse than December per Cox Automotive By tradition, December auto...

1 min read

Friday is the Deadline for the FREE CUCP Repossession, Remarketing and Recovery Virtual Meeting

February 5, 2023 Cucolle1

Available to All Credit Unions at NO COST! February 15, 2023, 2:30PM EST On...

3 min read

Toyota Credit Settles for $7.6M Over Repossession Notices

February 2, 2023 Cucolle1

Last year, the Massachusetts State Attorney General scored legal wins against Credit Acceptance Corporation...

1 min read

December 22’ Auto Loan Delinquency Data – Worst Since 2009

January 28, 2023 Cucolle1

“of all loans, 1.84% were severely delinquent, which was an increase from 1.74% in...

1 min read

Colorado AG Settles for $4M with Credit Unions over GAP Refunds

January 12, 2023 Cucolle1

Colorado borrowers will receive $4 million in settlement from Bellco and Canvas credit unions...

1 min read

Join Us for the CUCP Virtual Meeting Series – Repossession, Remarketing and Recovery

January 11, 2023 Cucolle1

Available to All Credit Unions at NO COST! February 15, 2023, 2:30PM EST On...

5 min read

Subprime Vortex and the Repossession Meltdown

January 2, 2023 Cucolle1

With Christmas behind us reality is about to kick in to the millions of...

7 min read

Look Out, Here it Comes – The Great Auto Loan Meltdown

December 18, 2022 Cucolle1

“Potentially, the biggest financial crisis ever” – Elon Musk Skyrocketing interest rates coupled with...

2 min read

Fourth quarter wholesale auto value slide begins

November 3, 2022 Cucolle1

Wholesale Prices, Week Ending October 29th The fourth quarter is when the market traditionally...

1 min read

Black Book reports repossession inventory on the rise

October 19, 2022 Cucolle1

Car segment valuations getting hit the hardest Remarketing strategies are varying from seller to...

1 min read

All eyes on Friday’s Q3 delinquency data

October 10, 2022 Cucolle1

August already marked the highest auto loan delinquency rate since March of 2020. Stocks...

1 min read

GM Financial nailed for $3.5M in SCRA violations

October 5, 2022 Cucolle1

71 illegal repossessions and over 1,000 denied or mishandled lease terminations FOR IMMEDIATE RELEASE...

1 min read

Wholesale auction market value slide continues

September 28, 2022 Cucolle1

Black Book reports repossession inventory up and values decline for eighth straight week In...

1 min read

Credit union delinquency on the rise

September 25, 2022 Cucolle1

NCUA releases Q2 delinquency stats by state Better late than never, the National Credit...

1 min read

Canvas Credit Union live on Akuvo Aperture

September 8, 2022 Cucolle1

Akuvo, a technology organization specializing in credit risk and delinquency management, announces that the...