How much do repossession agents commonly make?
Most generally the agent must not breach the peace. There are specific laws pertaining to repossession agencies that are different in different states. However, for the most part, as long as the peace is maintained, and it is a self-help state, there is nothing more the agent must do.
About well 500 bucks a day.
It varies a great deal depending on where the agent works, typically about 1%-1.5% of the loan size.
Not much. Nearly impossible to prove and so many make claims of stolen items, and no one ever believes them.
No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.
The repo agent determines it. Same as you determine how much you get paid. the more you want to make , the better you are at your job.
my answer is to just go to oklahoma and just you becomes a repossession agent..........this is not real DONT DO IT.
I am a repossession agent in Virginia it takes 2-3 months of not paying before the repossession status occurs.AnswerI am a repossession agent in Virginia it takes 1 missed payment then repossession status occurs.
No. Namely, because the car wasn't stolen - it was taken back by the rightful owner (the financier), via a repossession agent. It's not the financier's fault - nor the repo agent's - that you neglected to make your payments.
Till they find it.
repesession
The repossession agent is not a law enforcement agent, and has no such authority.
No.
No.
check with the State assoc. gapra.org
Only if they want to be charged with kidnapping. NO.
They repo agent will take it when your not looking. The agent still has a job to do and only get paid if the jod is complete.