Frank discussion about repossession fees and relations among agents, forwarders & finance companies
Jeremiah Wheeler of DRN | MVTRAC is pictured at Used Car Week 2019 in Las Vegas. Photo by Jonathan Fredin.
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CARY, N.C. –
Clashes involving repossession agents, forwarders and finance companies recently brought Jeremiah Wheeler of DRN | MVTRAC into the mix.
When agents stopped scanning license plates as a way to create industry attention about repossession fees, the move left Wheeler with a conundrum that he addressed during a frank conversation with Patrick Altes on the Repo America Podcast.
Wheeler offered some feedback aimed at helping agents, forwarders and finance companies all succeed in light of auto defaults trending higher now for six months in a row.
To listen to the conversation, go to this website.