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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 21, 2023 - 1:42 pm
  • Send it and forget it is NOT a Recovery Strategy in today’s business world!May 4, 2017 - 1:43 pm
  • Higher Ed Institutions should consider selling defaulted private student loansFebruary 10, 2016 - 1:47 pm

Debt Portfolios

  • $178 Million of Charged-Off Unsecured Consumer Installment LoansMay 8, 2023 - 9:19 pm
  • $8,024,056 In Residential Utility AccountsJune 30, 2021 - 8:20 pm
  • $4,904,397 In Paying & Non-paying Consumer JudgementsJune 1, 2021 - 5:57 pm
  • $15,912,416.64 In Charged Off Consumer LoansMay 25, 2021 - 1:46 pm
  • $6,679,447 In Commercial JudgementsMay 4, 2021 - 12:57 pm

Recent Sales

  • $62.3 MillionSeptember 20, 2023 - 8:28 pm
  • $13.2 MillionSeptember 20, 2023 - 8:27 pm
  • $4.5 MillionAugust 20, 2023 - 8:23 pm
  • $1.1 MillionJuly 20, 2023 - 8:22 pm
  • $1.8 MillionJuly 20, 2023 - 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 21, 2023 - 1:42 pm
  • Send it and forget it is NOT a Recovery Strategy in today’s business world!May 4, 2017 - 1:43 pm
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Link to: Send it and forget it is NOT a Recovery Strategy in today’s business world! Link to: Send it and forget it is NOT a Recovery Strategy in today’s business world! Send it and forget it is NOT a Recovery Strategy in today’s business ... Link to: $5,153,395,115 In Open & Active Inventory, Including Payers Link to: $5,153,395,115 In Open & Active Inventory, Including Payers $5,153,395,115 In Open & Active Inventory, Including Payers
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