Auto Loan Delinquencies: Reducing Defaults & Maximizing Recoveries

Continuing inflation, rising interest rates, higher average car prices, and dwindling savings are combining to alter the basic landscape of auto collections. To reduce losses and limit the number of units requiring remarketing, your institution needs to leverage the right mixture of traditional collections techniques and different approaches which are responsive to today’s marketplace.

There is a real opportunity to assist borrowers in avoiding damage to their credit history, while at the same time improving your institution’s asset quality. How do you manage those potentially competing goals in today’s stormy market? Join veteran collections attorney, David Reed, as he provides critical insight into effective tactics and strategies to improve your collections efforts. From harnessing the data already at your fingertips to developing new collections workflows, this timely session will have something for every car lender.