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You are here: Home / Archives for ARA

Repossessions Are Up. Will Profits Rise Too?

September 15, 2014 By Paul Kulas Leave a Comment

Will Skip Tracing Profits Increase?

After a number of lean years, the repo industry has starting to grow again. A strengthening economy has led to stronger auto sales, and increased prime and sub-prime lending. As sales and lending increase, so do loan defaults and the need for repossessions. The industry is standing at the starting line of what experts predict will be five year cycle of increasing demand. Higher profits are also predicted. But so far, repossession fees remain flat, as they have since the recession. Most … [Read more...]

Filed Under: Best Practices for Skip Tracing, Compliance In Skip Tracing, News from BellesLink Tagged With: ARA, Auto Finance Excellence, skip tracing

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