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The idea of car repossession to me is a great idea. If your arent gonna pay for it, then it ain't yours and the bank takes it back.
If you are thinking about being a car prepossessor, be careful! Some people think you are stealing their car so they will get ugly at you. My advise, just bring pepper spray, NEVER work alone, ALWAYS bring a tough guy along, and have cameras mounted around your repo truck that way you can prove to the police what happened if things go wrong.
If you are thinking about to stop paying your payments and voluntarily have your car repossessed, then i think so. It will get the burden of the car payments off your back, but it will hurt your credit score.
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∙ 12y ago
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Is becoming a repo man a good idea?
IT'S A GREAT IDEA... THEY CAN MAKE THEIR CAR PAYMENTS
Can they repo a car if they have no idea where it is?
Of course not, but it only takes a small slip-up to find it.
If you bought a car in Virginia and can no longer afford it can you do a voluntary repo and not have your wages garnished?
A repo is a repo, voluntary or not. Do not do a voluntary repo or any other repo. Terrible idea!!! Call the lender and work something out. See if you can find someone to take over the payments or possible sell the car to another part and pay off the loan. If you are upside down on the loan, then sell the car and borrow the balance to pay it off. Having your car reposed is a very bad idea. Your credit will be ruined for 7 years. You will also have the pay the difference in what the lender sells your car for and the balance on the note, plus repo fees. Do whatever it takes to prevent this from happening. I can assure you the lender does not want to repo your car. Call them!!!!
Will able to purchase a car after a repo?
Will i be able to purchase another car later on if my car is repo
Can your car be repo after 38 day's?
can my car be repo 38 day's in default?
Can you get an apartment with a car repo?
Q:Can you get an apartmet with a car repo? A: All apartments come without a car repo option. Sometimes you can negotiate utilities, however
Is an ATV repo the same as a car repo?
Yes.
Is there a repo list in Illinois to see if your car is on it?
want to know if my car is on a repo list
If another car is blocking the repo car can they make you move it?
Yes, afterall, the repo-car is still the legal property of the person who has sent the repo-guy to retrieve it.
Can you self repo your car?
Yes, you can self repo your car if you can no longer afford your car and is financially unable to pay the payments for your car.
Run with car before repo consequinces?
That is the old repo avoidance game so long as you don't sell it and you manage to hide it, you are still driving it. However the repo boys will catch up with you. They are good at it.
Can the repo man remove your possessions from your car after they repo it?
Yes
