if you will email me with some idea of your experience, abilities, investment available, equipment to work with, Ill try to give you a few possibilities. One thing is certain, Dallas is crowded with repo companies so you better be ready to hustle. No, I don't sell anything.
Any business is hard work to open so a repo business would be hard to open as well.
do I need to be bonded in nystate for repo cars
What are the requirements to become a repossesion business in Florida?
Two years work experience under a licensed repo agency within the state of California is required before starting repo business. An exam is to be taken to be a "Qualified Manager" which is required to ?æbe stationed in all branches. A CA business license is required before operation.
Yoy will need a business license, insurance, a tow truck, a SECURE storage lot, customers- and a knowledge of repo laws in your state. Can of pepper spray is optional.
YES, a lender can get a judgment for the balance owing on a loan after repo.
alot but not to to much
Repossession agents are not typically paid a salary, nor are they typically paid hourly. Repossession is a per unit business. That is, the repo man is paid by the vehicles he recovers. Amounts vary by the individual business.
no! look into a law suit!
Radio station Repossession specialist (Repo man) Realtor (Realty or Real Estate business) RadioShack
The bank/lending company are the ones who repo your car the repo chimps are just their agents.Your bank should tell you.
About the same as any repo. The impact is that you couldn't complete the agreement for whatever reason. Same as a repo. A repo is a repo is a repo. That is correct, there is no difference in voluntary and involuntary. Stays on your credit report for 7 years. Don't let it happen to you. It is not that bad ....in fact you can probably get another car just at a higherinterest rate... besides someone has to keep wonk and clay in business.
IF the lender posts a repo on your CR, you have one. You will have the repo on your credit report, but it should also show up as "redeemed".
Under the Fair Debt Collection Act the only information that a creditor is allowed to give anybody else is their name, and telephone number. If a repo company, which is a collection agency, gave any other information then you should consult an attorney and sue them.
Repo rate is 7.25 reverse Repo is 6.25
repo is taking somthing away like the repo man in the new movie repo! the genetic opera theres an organ repo man who takes away peoples organs
depends on where in NY you live
You can repo your own car but you cant start a business without a license.
To start a repo business in PA, you must be licensed and bonded by the state. The license fee is approximately $250 and the required bond it $5000. See the "Motor Vehicle Sales Finance Act" Act of 2002, no 186 for complete details.
repo rate is 8%. reverse repo rate is 7%
How do i get a repo agent license in Illinois
yes you can repo tools like tractors.
They reported what happened (a repo). Yes!!!! You should have never let it get this far. Take care of your business. Unlike the repo guys who are perfect and never make a mistake we mere humans are mortal and do err from time to time so please bear with us ...painful as it is for you(of course most repo morons couldn't make it as auto wreckers so what does that tell you). Yes lenders will put a repo on your credit regardless of what they may tell you and it stays on.You can write a letter to the credit reporting agency and dispute it.