So that makes them scum....who are you? Mother Teresa? Sheesh...

 

Maybe you can get a government bail-out. It's not your fault you bought something you can't pay for, it's the evil banks fault for loaning you the money.

 

I have done work for people in the past and do let them slide a bit if they have issues. Actually I am waiting for payment on a job now that is 6 weeks late but the guy has ligit issues and will pay me. I'm not saying that people should not give up vehicles they can't or won't pay for. I just feel that repo guys are bottom feeding scum bags and ranked down there with lawyers...to sum this up;

1. The finance company deserves the bike, car or whatever back in good operating condition if the people can't or won't pay.

2. Repo guys are scum that make their living off others misfortune.

 

Yup scum. No doubt in my mind. Anyone who makes their living off others misfortune is scum. As for me, at least I don't live in Cleavland...LOL...STBY

 

I heard that...sucks being here but I gotta stay to take care of my folks who are in their 80's and won't leave. But people who get behind on payments can usually contact the bank or finance company and work out an interest payment setup versus default. As for repo guys...I know one and he is just an average Joe doing his job. Lots of idiots go out and buy new Escalades with no intention of paying for them...so there is 2 sides to every story.

 

I'm sorry I just don't see it that way. Repo guys or girls have a job not much different than any other normal Joe.

Someone (a lender) has taken a risk and lent someone (a borrower) money to purchase an item. They (the lender and the borrower) enter into a contract. The borrower can't pay (for what ever reason), therefore hasn't been able to keep his end of the bargain. He doesn't own what he hasn't paid for.

You have to remember, the property that was purchased doesn't belong to the borrower .... at least not until he pays for it. If he can't pay, the property then simply goes back to it's rightful owner. The person who put out the money for it ... the lender.

No one has 'victimized' the anyone! No one has 'preyed' on anyone. Good grief! FAR FROM IT! They simply return property to the rightful owner...the guy who has put up the money. This is the only means the lender has to recoup the money he has given out. Most often the property is sold for less than what the lender lent out. He is the getting the crapy end of the stick ...NOT the borrower. He's off free and clear!

 

yep, my sister worked at a boat place, guy ordered a boat built and showed a certified check.

sis called bank and they said "wow, that's weird, you are the 5th dealership we have verified this check for, can't he make up his mind?"

 

Yep, and for the poor unlucky dealer who takes that check..the repo guy is the only legal way to re-coup some of your losses.

 

I agree to a certain point. They become scum for me when they show up in the middle of the night or hook up without checking to see if kids are in the vehicle. That has happened in the city near where I live several times. I believe that not paying for your property is wrong and the property does not belong to you but to the finance company.
They should be able to get their property. Sneaking around someone's house after dark could and should get your *** shot.

 

I don't know why the repo guys/gals are getting dumped on here. As Bikergirl pointed out, they're just doing their job like you and me. To the best of my knowledge, and please correct me if I'm wrong, the repo company is contracted by the lender. So, if you're going to dump on someone for being a bad guy, dump on the lender for allowing someone to live beyond their means.