What is a Repo Company?

repo company is the company hired by a lender or his agent to take back items that were bought on credit or were pledged as collateral for a loan, mortgage, lease, etc., from a borrower who has fallen behind on their payments.

Many repo companies offer complete repossession services which can include skip tracing to locate customers whose whereabouts are unknown. After the collateral has been recovered, most repo companies are able to securely store it, as well as provide clients with photographs and condition reports. Some repossession companies place the collateral up for auction, thereby obtaining bids and consummating the sale of the collateral, if the client so desires.

Organizations that utilize repo companies are primarily lending institutions, including banks, savings institutions, finance companies, credit unions, rental / leasing companies, and auto, truck, boat, and equipment dealers.

Some of the many services that the repossession agents and repo companies listed on Quick-Repo.com offer include:

  • Repossessions
  • Collateral Transportation
  • Investigations
  • Skip Tracing
  • Collections
  • Collateral Liquidation
  • Secured Storage
  • Auctions (Dealer & Public)
  • Process Service
  • Legal Services
  • Vehicle Transportation
  • Locksmithing / Key Service
  • Much, much more.

Some repo companies specialize in certain ‘types’ of repossession, including:

  • Airplanes
  • Automobiles
  • Boats
  • Computers
  • Construction Equipment
  • Credit Card Recovery
  • Farm Equipment
  • Heavy Equipment
  • Industrial Equipment
  • Machinery
  • Marine Equipment
  • Medical Equipment
  • Mobile Homes
  • Mobile Phones
  • Motorcycles
  • Office Equipment
  • Recreation Vehicles
  • Telephones
  • Trucks

Learn how to become a repo man

Repo Company Directory

QuickRepo.com is the Internet's largest directory of repossession companies and recovery experts. If you need a repo man or repo company, this is the place to find one.

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