If you are interested in working the repossession field then you will absolutely need some kind of training. It doesn’t matter which field of repossession, either way it is a good idea or even a requirement. If you have options in your area do some research and make sure it is a good coarse. There are several important things when looking for a good repossession training coarse.
The Course is Worth the Money
One of the important things to look at if you have the chance to choose between several is pricing. I always like to find the best value for my dollar. Not only getting good value but not getting scammed by over paying when the guy in the next city was doing it for half price. If the coarse is good, we should have a recommendation here at Repossession Head quarters. If you do not see one, please feel free to ask through our contact page.
The Person Teaching the Course has Experience
I remember taking my first repossession course in Tampa, it was with a guy that had been in the industry for many years. He was a car repo guy so allot of the stuff didn’t pertain to what I was looking for, but allot did and even though it was a required 40 hour course and exam. It was worth it for me. I totally recommend taking it for anyone who wants to be serious about this work. I would recommend taking the coarse in person if possible. If not check out one of the online courses that we may recommend here. Some of the important factors will be
- Legalities of doing repossession work (some more common instances)
- How to make contact if needed
- Properly inventorying personal property, label and store
- How much you can charge for storage
- How not to try and get new business by extorting banks with collateral teases.
- Do’s and don’ts of the industry
- and much more in the 40 hour class time, usually very interesting
Taking the course could mean the difference of getting sued for wrongful repossession, or perhaps breaking the law. For someone not knowing exactly what to do in this work, he is looking for trouble. Take the course and be happy you did and enjoy your long career as a repossession agent or even company.