Selling Repossessed Autos

Tooele Federal Credit Union has partnered with TitleAuctions Inc to offer repossessed autos online. By selling them through their Internet site, the credit union says it is bringing in 10 to 20 percent more repo sales revenue and reaching a national audience.

Copyright © 2004 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 14, No. 3, 7/05