Archive for August 2018
Personal Property & Redemption Fees: A HOT Topic in Auto Repossession
Over the past year, the handling of personal property and redemption fees has become one of the hottest compliance topics in the industry. It is on the radar screen of virtually every auto lender in the country, as well as the regulators. Most of this interest is sparked by CFPB concerns over disparate treatment of…
Read MoreKey Issues Surrounding All in One Repossession Pricing
When it comes to auto repossession services, all in one pricing can, indeed, offer benefits in these areas. However, as many lenders have come to understand, it must be approached very carefully and requires fairly deep analytics to gain a clear view of where the pricing should fall. Here are the key issues surrounding an…
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