PORTLAND, Ore. – TitleAuctions Inc. is nearing the 60-client mark for its repo remarketing services with the signing of two big CUs: $1.5 billion Texans CU and $2.9 billion VyStar CU. The 3-year-old Portland-based company says it now has 59 credit unions using its services to sell repossessed cars, trucks, boats and more both to their own members online and nationally through www.CUAuctions.com. "The program is working well for us. We auction off some of our premium condition repos to our members, and are earning higher prices as a result," says Jack Stone, operations director at VyStar in Jacksonville, Fla.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.