What Is A Collateral Inspector?
Collateral is defined as property acceptable as security for a loan or other obligation. Companies across the country are always in need of inspectors to check on their collateral in their portfolio. Auto finance companies, credit card companies, insurance companies, banks, and mortgage companies are some of the types of businesses you will be dealing with. There are literally thousands of companies that could use your services. It would cost a ton of money for them to hire employees to work for them to perform these inspections so they rely on local independent reps to perform collateral inspections. These companies will send you assignments in your area. Most jobs take very little time to complete. For many inspections you never even get out of your car. I know one mom with small children that sets up the portable TV/DVD in the back seat of her mini-van and takes her kids with her as she makes $20-$30 per hour. The Next Step This business is easy to start and operate but it does requ
