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Repossession In Jobs in Chicago, IL (NOW HIRING)

Customer Collections Specialist

Oak Brook, IL · On-site

$17.25 - $22.75/hr

Identify accounts that become severely delinquent and escalate to the manager for a repossession recommendation. * Perform other tasks and duties as assigned. Job Requirements: * Prior experience in ...

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Repossession In information

What is the 3 month rule for jobs?

The 3 month rule in repossession jobs typically refers to the period during which a repossession agent must complete the recovery process after being assigned a vehicle or asset. It often relates to company policies or legal guidelines that specify timelines for action to ensure compliance and efficiency in the repossession process.

How much do repo spotters get paid?

Repo spotters typically earn between $10 and $20 per hour, depending on experience and location. They often work on a commission or bonus basis for successful recoveries and need good observational skills and knowledge of vehicles and repossession procedures.

How badly does a repo affect you?

For a repossession agent, the job involves locating and recovering assets like vehicles or property, which can be stressful and require strong communication skills. While the role itself does not directly impact personal credit, it may involve working in high-pressure environments and adhering to legal protocols. The job's impact on an individual depends on personal resilience and understanding of legal boundaries in repossession activities.

What is the difference between Repossession In vs Repossession Agent?

AspectRepossession InRepossession Agent
Primary RoleManaging the process of repossessing assets after initial collection effortsLocating, recovering, and returning assets from defaulted borrowers
CredentialsOften requires knowledge of legal procedures and sometimes licensingRequires knowledge of repossession laws, sometimes licensing or certification
Work EnvironmentOffice-based with field visits for legal or administrative tasksPrimarily fieldwork, visiting locations to recover assets
Industry UsageUsed in finance, leasing, and loan recovery sectorsCommonly used in auto, equipment, and property repossession sectors

In summary, Repossession In focuses on managing the legal and administrative aspects of repossession, often involving legal procedures, while Repossession Agent is more hands-on, physically locating and recovering assets. Both roles are essential in the repossession process but differ in responsibilities and work environment.

What are the rules of repossession?

In repossession jobs, the rules involve following legal procedures to recover property, such as obtaining proper authorization, respecting the debtor's rights, and adhering to state and federal laws. Repossession agents must avoid breach of peace, which includes avoiding violence or intimidation, and often require training and certification to perform their duties lawfully.
What job categories do people searching Repossession In jobs in Chicago, IL look for? The top searched job categories for Repossession In jobs in Chicago, IL are:
Customer Collections Specialist

Customer Collections Specialist

PLS

Oak Brook, IL • On-site

$17.25 - $22.75/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 22 hours ago


Job description

This job is located at 814 Commerce Drive, Oak Brook, IL 60523

PLS Overview: 

Why PLS? Because You Deserve Better!  PLS - which stands for People - Location - Service - is a leading retail provider of financial services. The "P" comes first, because our customers are at the center of everything we do, and we recognize that it's our exceptional team members who go above and beyond every day. The PLS Group, headquartered in Chicago, is comprised of over 200 financial service centers in 12 states. Through our check cashing stores, we provide consumers with convenient financial products and services to help them manage their day-to-day financial needs. Although many of our customers have banking relationships, we believe that our customers use our financial services because they are convenient, transparent, and frequently more affordable than available traditional alternatives. PLS was founded in 1997 by Bob and Dan Wolfberg, who serve as Co-Presidents. 

AUTO COLLECTIONS

Position Overview:

This position is responsible for the collection and resolution of assigned delinquent Auto accounts for PLS stores. The person contacts customers by phone, text message, and email in an attempt to collect current and past due payments. He or she will provide superior customer service and work with customers in a proactive manner in order to minimize bad debt.

Job Responsibilities:

  • Maintain and manage assigned customer accounts in queue.
  • Provide superior customer service regarding collection issues; process customer refunds; process and review account adjustments and resolve discrepancies.
  • Establish payment plans and follow up with customers to ensure agreements are fulfilled.
  • Work with customers in a proactive manner in order to minimize bad debt and reduce delinquencies.
  • Review and prioritize collection activities to maximize collections.
  • Research and reconcile misapplied payments.
  • Identify accounts that become severely delinquent and escalate to the manager for a repossession recommendation.
  • Perform other tasks and duties as assigned.

Job Requirements:

  • Prior experience in a retail or call center environment
  • Excellent customer service skills
  • The ability to work a flexible schedule, including evening and weekend shifts
  • Previous Auto collections experience, preferred
  • Demonstrated written and verbal communication skills
  • Be able to work effectively in a fast-paced environment and prioritize workload while meeting deadlines
  • Must be a team player
  • Must be dependable and goal driven
  • Spanish/English bilingual is a plus

Working Conditions and Physical Requirements:

  • This role requires regular in-person collaboration with team members at our Oak Brook Support Center.
  • Must be able to sit and/or stand for extended periods
  • Must be able to lift up to 15 lbs. with little assistance
  • Must be able to work in restrictive spaces and maintain concentration in a busy environment with moderate to high noise levels
  • Must manage several tasks at one time and handle frequent interruptions to meet the needs and requests of customers

Benefits:

Benefits for eligible team members include medical/dental/vision, 401(k), vacation, opportunities for advancement, and ongoing training.

We strive to demonstrate our Core Values in all positions at PLS:

Communication Customer Focus Integrity and Trust Teamwork Results

PLS is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, disability, marital status, protected veteran status, or any other characteristic protected by law. PLS is a drug-free workplace. PLS provides reasonable accommodations to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please notify your Recruiter or a member of our Human Resources team at talentacquisition@pls247.com to make arrangements. The decision on granting accommodation will be made on a case-by-case basis.

For jobs located in the City of Los Angeles, consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance, qualified applicants with criminal histories will be considered for employment

Bonus:

This position is bonus eligible