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Is car/boat and motorcycle repossession now a booming business in the U.S?

By -O-uknow Asked Apr 7 2008 2:27PM
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First Answer

by Rollie on Apr 7, 2008 at 6:14 pm Permalink

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It's always been a good but risky business (owners don't like). With the economy bad, I'd bet its better. Hope someone in this line of work answers this. I'd like to see an expert answer on this.
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Avatar -O-uknow Apr, 07 2008 at 06:28 PM
They are usually the first to go before the home.
Avatar Rollie Apr, 07 2008 at 06:41 PM
Agree. They should be easier to get! Less paperwork also. A home takes a long to repossess and the lender usually loses money.


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