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Auto loans are the most common secured debt in the U.S. If a debtor defaults on an auto loan, the creditor can typically repossess the asset – the car – securing the loan. But if the asset is in a state of disrepair or otherwise diminished in value, the creditor cannot recoup the total balance owed by selling the car. So a deficiency balance is due from the debtor, with the balance becoming a receivable on the creditor’s books.

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Consumer Credit Delinquencies Rise Slightly In First Quarter 2011

7 July 2011

Consumer Credit Improves in Uneven Recovery: Equifax

5 July 2011

Group Publishes Whitepaper on Auto Loan Debt Collection

14 June 2011

National Auto Loan Delinquency Rate Hits Lowest Level Since TransUnion Began Monitoring

1 June 2011

State AG Suing Auto Lender to Enforce Debt Collection Investigation Subpoena

27 April 2011

West Asset Management Adding 170 Jobs in Omaha

26 April 2011

Collection Agencies and Facebook: What Do You Think?

21 April 2011

Wells Fargo Closing Collection Center; Laying Off 193 Workers

8 April 2011

S&P/Experian Indices Show Rise in Mortgage Defaults

22 December 2010

TransUnion: National Auto Loan Delinquency Rates Rise 10 Percent in Q3 2010

21 December 2010

Repo Remarketing Announces Alliance with Digital Recognition Network

16 December 2010

Credit Union Resources, Inc. Signs Preferred Provider Agreement with Repo Remarketing

1 December 2010

Consumers Are Paying Less on Monthly Payments than Three Years Ago: Experian

12 November 2010

Exeter Finance Secures $150 Million Line of Credit, Experiences Significant Growth in 2010

10 November 2010

New York Fed Q3 Report on Household Debt and Credit Shows Continued Decline in Consumer Debt

9 November 2010

VION Receivable Investments Announces Multi-Million Dollar Line of Credit for Sparta Commercial Services, Inc.

15 October 2010

Prime Acceptance Corp. Announces Partnership with NCCI

12 August 2010

Exeter Finance Names Mark Floyd New CEO and Vice Chairman

22 June 2010

No Turnaround in Sight: Credit Card Debt Falls 12 percent in April

8 June 2010

National Auto Loan Delinquency Rates Fall More Than 18 Percent in Q1

26 May 2010

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