Category - Daily Digest

Daily Digest – October 5. Illinois Man Damages Repo Truck, Facing Felony Charges; Delinquency Rate on Auto Loans Increases … Barely

ILLINOIS MAN DAMAGES REPO TRUCK, FACING FELONY CHARGES An Illinois man is facing two felony charges after threatening a repossession agent who had come to recover a vehicle and then damaging the tow truck. The man threatened to go into his house and get a weapon and then “took his frustrations” out on the truck, causing up to $10,000...

Daily Digest – September 29. Convicted Murderer Facing Charges After Running Over Woman’s Foot During Repossession

CONVICTED MURDERER FACING CHARGES FOR RUNNING OVER WOMAN’S FOOT DURING REPOSSESSION An Alabama man is facing felony charges after allegedly running over a woman’s foot during a repossession and leaving the scene. The man, William Greer, was convicted of murder, armed robbery, and escape in 1991 and served 25 years in prison. The woman...

Daily Digest – September 28. Woman Struck By Vehicle During Repossession; The States With The Highest Delinquency Rates on Auto Loans

WOMAN STRUCK BY VEHICLE DURING REPOSSESSION An Alabama woman was struck by a vehicle during the course of an automotive repossession yesterday. Witnesses said the woman was trying to remove personal items from the vehicle as it was being driven away and that was how she was hurt. The witnesses said the woman attempted to communicate with the...

Daily Digest – September 27. Man Arrested After Shooting at Repo Truck; Man Arrested For Pointing Gun At Agents

MAN ARRESTED AFTER SHOOTING AT OCCUPIED REPO TRUCK An Alabama man was arrested on Sunday night after allegedly firing a gun into a repossession truck that was occupied by an agent. The agent was attempting to recover the vehicle with the owner came outside and told the agent to leave his property. The agent was getting into his truck when the...

Daily Digest – September 26. Agency Damages Car After Repossessing Wrong Vehicle; IFS Founder To Retire

AGENCY DAMAGES CAR AFTER REPOSSESSING WRONG VEHICLE A repossession company accidentally repossessed the wrong vehicle and, in the process of doing so, damaged the car. The owner of the vehicle received a quote for more awn $7,000 to fix the damages and while the owner of the agency said he was planning on paying to have the car repaired from the...

Daily Digest – September 21. Report Criticizes CFPB; Five-Hour Standoff Ends With Successful Recovery

REPORT CRITICIZES CFPB FOR ‘ACTIVELY HARMING’ CONSUMERS  The Consumer Financial Protection Bureau inflicts more pain than promise, according to a report to be released today by the Competitive Enterprise Institute. The author of the report says that the CFPB should be under the supervision of all three branches of government while...

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