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...

Daily Digest – September 14. Agent Has Foot Run Over Trying to Repossess Vehicle; Auto Loan Delinquencies Improve Again

AGENT HAS FOOT RUN OVER WHILE TRYING TO REPOSSESS VEHICLE An Oklahoma woman jumped into a car that was being repossessed and drove off, running over the repossession agent’s foot. The agent was not seriously hurt and no arrests have yet to be made. AUTO LOAN DENLINQUENCIES IMPROVE FOR SECOND STRAIGHT QUARTER Delinquency rates on auto...

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