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Repossession Jobs in Virginia (NOW HIRING)

Beacon Credit Union

Collections Department Lead

Lynchburg, VA · On-site

$18 - $24.25/hr

Experience, Education and Preferred Skills Experience: - 2-4 years of experience in collections, loan servicing, bankruptcy processing, repossession coordination, or related financial services roles ...

C&F Bank

Special Assets Specialist

Toano, VA · On-site

Assists with or leads foreclosure, repossession, and recovery processes in accordance with Bank policy and regulatory requirements. * Supports or administers bankruptcy cases, including documentation ...

C&F Bank

Special Assets Specialist

Toano, VA · On-site

Assists with or leads foreclosure, repossession, and recovery processes in accordance with Bank policy and regulatory requirements. * Supports or administers bankruptcy cases, including documentation ...

NC SECU

Detailed understanding of Recovery Collections processes and Contact Center management including knowledge and proficiency with charge off/repossession processes and decision-making * Related ...

All JobsRepossession JobsRepossession Jobs in Virginia

Repossession information

See Virginia salary details

$10.9K

$57.3K

$136.3K

How much do repossession jobs pay per year?

As of Jul 6, 2026, the average yearly pay for repossession in Virginia is $57,313.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,200.00 and $51,600.00 per year, depending on experience, location, and employer.

How do I become a repossession agent?

To become a repossession agent, you typically need a high school diploma or equivalent, a valid driver's license, and a clean driving record. Some states require licensing or certification, which may involve background checks and training in legal procedures and safety protocols. Gaining experience in security, law enforcement, or automotive fields can also be beneficial.

What is a repossession agent?

A repossession agent, often called a repo agent, is a professional responsible for recovering property—such as vehicles, boats, or other assets—that have been leased or financed but not paid for according to the terms of a loan agreement. When a borrower defaults on their payments, the lender may hire a repossession agent to retrieve the collateral. Repo agents must follow state and federal laws to ensure the process is legal and avoid breaching the peace. They typically work for repossession companies or as independent contractors. The job often involves locating assets, negotiating with owners, and safely transporting the repossessed property.

Do repossession agents make good money?

Repossession agents typically earn an hourly wage or commission-based pay, with salaries ranging from around $30,000 to $60,000 annually depending on experience, location, and workload. The job may involve irregular hours and physical activity, and some agents receive additional compensation for successful recoveries or overtime.

How do I get into a repo job?

To get into a repossession job, candidates typically need a high school diploma or equivalent, a valid driver's license, and a clean driving record. Relevant skills include good communication, problem-solving, and knowledge of legal procedures; some employers may require background checks or training programs. Experience in security, law enforcement, or collections can be advantageous for entry-level positions.

What are the key skills and qualifications needed to thrive as a Repossession Agent, and why are they important?

To thrive as a Repossession Agent, you generally need a valid driver's license, knowledge of state repossession laws, and often a high school diploma or equivalent. Familiarity with GPS tracking systems, tow trucks, and recovery management software is typically required. Strong conflict resolution, situational awareness, and effective communication skills help navigate tense situations and ensure safety. These skills are crucial for conducting lawful, efficient repossessions while minimizing risk and maintaining professionalism.

Does repo work pay well?

Repossession jobs typically offer hourly wages that range from minimum wage to around $20 per hour, with some positions offering commissions or bonuses based on recoveries. Pay can vary depending on experience, location, and the employer, and the job often requires strong communication skills and knowledge of legal procedures. Overall, repossession work is generally considered to provide moderate pay compared to other recovery or field service roles.

What is the difference between Repossession vs Debt Collector?

AspectRepossessionDebt Collector
Required CredentialsPossibly licensed or certified depending on jurisdictionOften requires collection licenses or certifications
Work EnvironmentFieldwork involving vehicle or asset retrievalOffice-based or fieldwork contacting debtors
Industry UsageFinancial institutions, auto lenders, leasing companiesCreditors, collection agencies, banks
Common Search/ComparisonRepossession vs Debt Collector

Repossession involves retrieving assets like vehicles or property when borrowers default, often requiring specialized licensing. Debt collectors focus on contacting debtors to recover owed money, typically working in collections. While both roles deal with debt recovery, repossession is more asset-focused and field-based, whereas debt collection emphasizes communication and negotiation. Understanding these differences helps job seekers identify the right career path in the debt recovery industry.

What are some typical challenges faced by repossession agents, and how are they addressed on the job?

Repossession agents often encounter challenges such as dealing with difficult or emotional vehicle owners, locating hard-to-find assets, and working in potentially stressful or confrontational situations. Companies usually provide training on conflict de-escalation, legal compliance, and safety procedures to help agents manage these scenarios. Strong communication skills and teamwork are essential, as agents often coordinate with lenders, law enforcement, and dispatchers to ensure safe and lawful repossessions.
What are the most commonly searched types of Repossession jobs in Virginia? The most popular types of Repossession jobs in Virginia are:
What are popular job titles related to Repossession jobs in Virginia? For Repossession jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Repossession jobs in Virginia look for? The top searched job categories for Repossession jobs in Virginia are:
What cities in Virginia are hiring for Repossession jobs? Cities in Virginia with the most Repossession job openings:
Repossession jobs near you
Assistant Repossession Coordinator

Assistant Repossession Coordinator

Capital Credit LLC

Virginia Beach, VA

$20 - $25/hr

Full-time

PTO

Posted 15 days ago

Be an early applicant

Job description

Benefits:
  • Competitive salary
  • Paid time off
  • Training & development

Manage logistics for vehicle recovery, storage, transport, and sale.
Effectively communicate with repossession agents, auto auction personnel, storage facilities, transport companies. etc.
Accurately document status of repossessed vehicles using company computer system.
Ensure timely coordination of transport and sale of repossessed inventory.
Ensure timely follow-up of repossession status and sale date schedule.
Accurately verify and document all costs associated with repossessed vehicles and vehicle sales proceeds.
Report and discuss all unresolved issues with supervisor and management.
Capital Credit logo

About Capital Credit

Sourced by ZipRecruiter

CapitalCredit is a subprime finance company engaged in acquiring sub-prime auto receivables from both franchised and independent automobile dealers which have entered into contracts with purchasers of typically used, but some new, cars and light trucks. CapitalCredit then services the receivables it acquires. CapitalCredit commenced operations in Tennessee in 2013. It conducts most of it’s business in the Southeastern United States.

Industry

Finance and insurance

Company size

11 - 50 Employees

Headquarters location

Franklin, TN, US

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