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Here are some traits that a person needs to possess in order to be a great repoman.
  • Trustworthiness – A lender needs to know that you are going to do what you said you would do. Do not make promises you can’t possibly keep.
  • Honesty – Your effectiveness as a repoman cannot afford to be caught in a lie, even one time. If you did not do something, that’s okay, but if you did, then own up to the lender.
  • Leadership – You have to be able to make tough decisions, solve problems, and work through difficult decisions. Everything rises and falls on leadership.
  • Confidentiality – Lenders want agents that do not disclose information about their debtors. Your clients do not want to get hauled into court because you have loose lips.
  • Work ethic – Being a repoman is a 24-hour, 7 day-a-week job. The repossession industry is not well suited for a lazy repoman.
  • Generous – Be sure you give back to your community. You should not only give monetarily, but also give of yourself. There is nothing more rewarding than giving your time to a good cause. Click here to read more on charity.
Please feel free to comment on what you feel are essential qualities every repoman should have, or discuss it on our forum here