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...]