September 4, 2010

Avoiding Auto Reposession in a Declining Economy

Thursday, March 12th, 2009 1:26 pm
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Avoid repossessionPRWeb.com released an article today describing AvertRepo.com’s solution to losing your vehicle to repossession.

"We’ve prevented more than 24,000 repossessions in the last 6 months," says Dan Pellegrini, President of Avert.With job loss at an all time high and financial strains at a peak, many U.S. car owners are feeling the pinch when it comes to keeping up on their car payments. Some aren’t as lucky as others, which can result in a repossession.

"The auto industry is experiencing increased repossessions and some consumers are returning their vehicles, which is a lose-lose situation," says Dan. AvertRepo.com has resolved 49% of their managed accounts by the third quarter of 2008.

What this means to you, the consumer

Avertrepo.com and avoidrepossession.com are web sites to assist consumers that are facing auto repossession. If you’re not able to make your payments and you think you might lose your car, please visit their sites and check out their services.Read the entire press release here: prweb.com

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