CORP Issues Letter to RDN on Lender Solicitation

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PRESS RELEASE

The following was a letter sent to Recovery Database Network (RDN) by the Council of Repossession Professionals (CORP):

it has been a concern of ours that information entered by the repossession agencies could be used for marketing purposes by your affiliate corporation, PAR North America. Our industry enters proprietary information into RDN every day; the names and contact information of creditors, our fee amounts, and other data. It would not be difficult to assess the size and scope of various creditors, and have PAR North America target our clients based on this information.

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