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Runci Group, as exclusive Marketing Advisor, is pleased to offer the following portfolio of Performing Auto Loans for your consideration.

The Seller is a privately held corporation formed in 1993 for the purpose of acquiring and servicing sub-prime and non-prime retail installment contracts originated by local car dealerships. The principals have over 70 years of combined experience in the retail auto sales and finance industries.

The Seller is winding down a small direct consumer loan operation in Virginia Beach, VA. The sale includes all paperwork from the Origination File (Application, Contract, Employment & Income Verification, Insurance etc).

A brief summary of the portfolio appears below. Full details on this offering are available after execution of a Confidentiality Agreement and Buyer Profile.

  • Portfolio ID:
    RG-2019-33
  • Sale Balance:
    $1,325,992
  • Original Balance:
    $1,423,729
  • Accounts:
    231
  • Avg. Sale Balance:
    $5,740.23
  • Avg. Mo Pmt:
    $281
  • Avg. Orig Term:
    33 months
  • Avg. Rem Term:
    27 months
  • Avg. Rate:
    27.42%
  • Avg. FICO at Orig:
    572
  • Avg. LTV at Orig:
    99%
  • Geography:
    VA
  • Bid Deadline:
    First Come, First Serve

Interested in receiving the Evaluation Materials for this and any future listings? Please contact us today for additional details at (877) 452-6466 or email us at info@runcigroup.com.

Recent News

  • What’s driving the rising volume of Judgment sales?January 2020 - 1:42 pm
  • Send it and forget it is NOT a Recovery Strategy in today’s business world!May 2017 - 1:43 pm
  • Higher Ed Institutions should consider selling defaulted private student loansFebruary 2016 - 1:47 pm

Debt Portfolios

  • $8,024,056 In Residential Utility AccountsJune 2021 - 8:20 pm
  • $4,904,397 In Paying & Non-paying Consumer JudgementsJune 2021 - 5:57 pm
  • $15,912,416.64 In Charged Off Consumer LoansMay 2021 - 1:46 pm
  • $6,679,447 In Commercial JudgementsMay 2021 - 12:57 pm
  • $6,938,636 In Merchant Cash Advance Charge-Offs & JudgmentsMarch 2021 - 5:01 pm

Recent Sales

  • $62.3 MillionSeptember 2020 - 8:28 pm
  • $13.2 MillionSeptember 2020 - 8:27 pm
  • $4.5 MillionAugust 2020 - 8:23 pm
  • $1.1 MillionJuly 2020 - 8:22 pm
  • $1.8 MillionJuly 2020 - 8:20 pm

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Contact Us

5600 Post Rd.
#114-163
East Greenwich, RI 02818
(877) 452-6466

Latest News

  • What’s driving the rising volume of Judgment sales?January 2020 - 1:42 pm
  • Send it and forget it is NOT a Recovery Strategy in today’s business world!May 2017 - 1:43 pm
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Send it and forget it is NOT a Recovery Strategy in today’s business ... What’s driving the rising volume of Judgment sales?
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