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Do car repo companies pay finder's fee if you tell them where the car is being kept?
Car repo companies typically do not pay finder's fees for information on the location of a vehicle being kept. The process of repossession is usually governed by legal agreements between the lender and the borrower, and the repo company is contracted to locate and recover the vehicle based on these agreements. Providing information on the location of a vehicle may be helpful in facilitating the repossession process, but it is not typically compensated with a finder's fee.
What else can I help you with?
If the husband is deceased and a camper is in his name can they repo it if the payments are kept up?
yes
Why do finance companies hire private investigators for repo?
Finance companies do not ordinarily hire private investigators to repossess a car. They normally hire repo professionals to do that. These folks investigate the whereabouts of the vehicle, identify it, and tow it back to the rightful owner, the rightful owner being the finance company. However, the vehicle is usually towed to a staging lot, usually the repo's business address, and arrangements are made to make up the payments by the buyer, or, repo places a for sale sign on the vehicle.
What do repo companies charge for a repo?
about $825.00 for a small car $1025.00 for large and mid. trucks. large trucks billed by both hourly and by the pound...............no honestly it isn't up to the repo companies anymore many contracts between the lien holder and the debtor control the fees.
What companies come to repo boats?
Most companies that have loans on boats will hire private businesses or individuals to go out and repo the boat that is passed do. One company that repos boats is Marine Lenders Service.
In CA repo companies have to be licensed what happens when the finance co isn't using licensed people should you have to pay a repo fee or just for a tow which is what they are paying for 75 not 325?
Repo fees.
Can repo carry a gun?
Not without a license to do so. Being a repo man does not grant the authority to do that.
Do car companies repo on the weekend?
yes weekends and holidays morning or night
Who do I contact to turn in someone who is hiding a car due to repossession?
If you know who there finance company is you can call them directly. Or you can call the repo comapany. Some finance companies and repo companies actually give a reward for contacting them and telling them where it is.
How do you become a spotter for repo?
Being a spotter is a helping hand for repo companies. All you need is a drivers license and sometimes a car, Just ask your neighbor hood repo company if they need help finding the units
In Washington state How long do you have before they can come repo your car?
One day late. I live and own 2 repo companies in Washington. Sorry, but that is the law.
If a 'friend' drives your car to a repo man without your permission to collect the finders fee how do you get your car back?
To get it back, you pay the amount you are behind or the payoff on the loan, whichever the LENDER wants. AND storage fees.
Where are repo boats available for sale at a good price?
You can buy repo boats by contacting your local finance companies or in the Autotrade magazine. You may find them on Ebay as well.
