- Towing and storage fees
- Late fees
- Skip tracing fees
- Attorney's fees
The total amount of fees that a repo company can charge you cannot exceed 25% of the total amount that you owe on the loan.
If you are concerned about the fees that a repo company is charging you, you can contact the Georgia Department of Banking and Finance. They can help you to understand your rights and options.
Here are some additional tips for dealing with a repossession:
- Stay calm and do not resist the repossession.
- Contact your lender immediately to discuss your options.
- You may be able to get your car back by paying off the loan or the amount in arrears, plus any applicable fees.
- If you cannot afford to pay off the loan, you may be able to work out a payment plan with your lender.
- If you are unable to reach an agreement with your lender, you may need to file for bankruptcy.
