Welcome to another episode of "Drive To Success: Mastering Auto Finance" with your host, John Lewis. In this essential episode for auto finance professionals, we dive deep into the challenging world of state-by-state repossession laws and the complex compliance maze they create for lenders operating across multiple states. John breaks down the most critical variations between states, from self-help repossession rules to breach of peace definitions, and explains why what works in one state cou...
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Welcome to another episode of "Drive To Success: Mastering Auto Finance" with your host, John Lewis. In this essential episode for auto finance professionals, we dive deep into the challenging world of state-by-state repossession laws and the complex compliance maze they create for lenders operating across multiple states. John breaks down the most critical variations between states, from self-help repossession rules to breach of peace definitions, and explains why what works in one state cou...
In this eye-opening episode of Drive to Success: Mastering Auto Finance, host John Lewis unpacks the alarming financial reality facing today’s car buyers. With 1 in 5 Americans now paying over $1,000 a month for a new car and record numbers of 84-month loans, the traditional model of auto ownership is being stretched to the breaking point. John explores: Why payments are skyrocketing despite stagnant wagesHow ultra-long loans create negative equity trapsThe ripple effect on subprime borrowers...
Drive to Success: Mastering Auto Finance
Welcome to another episode of "Drive To Success: Mastering Auto Finance" with your host, John Lewis. In this essential episode for auto finance professionals, we dive deep into the challenging world of state-by-state repossession laws and the complex compliance maze they create for lenders operating across multiple states. John breaks down the most critical variations between states, from self-help repossession rules to breach of peace definitions, and explains why what works in one state cou...