American Recovery Association Announces Partnership with Recovery Database Network

FOR IMMEDIATE RELEASE

IRVING, Texas, September 15, 2017 – The American Recovery Association (ARA), the world’s largest association of recovery and remarketing professionals, is excited to announce a new partnership with Recovery Database Network (RDN). RDN, a business unit of KAR Auction Services (NYSE: KAR), is a specialized provider of software and data solutions related to the recovery of assets for the automotive finance industry. The agreement will help lenders manage and monitor vendor compliance by integrating ARA’s Compliance Monitoring System and compliance metrics with the various software solutions offered by RDN.

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North American Repossessors Summit Raises Money for Recovery Agents Benefit Fund

July 26-27, 2017  – Omni Mandalay Hotel at Las Colinas

 

IRVING, Texas – May 17, 2017 The North American Repossessors Summit (NARS), an industry event hosted by the American Recovery Association, Inc. (ARA) and Harding Brooks Insurance Agency, is announcing they will be donating all profits from the NARS Golf Tournament and live auction to the Recovery Agents Benefit Fund (RABF).

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Experian Automotive: Outstanding Auto Loan Balances Reach Record High of $839.1 Billion

experian_logo30- and 60-day delinquencies show slight uptick

Press Release

Schaumburg, Ill., Aug. 20, 2014 — Experian Automotive today announced that outstanding automotive loan balances reached an all-time high in the second quarter of 2014.

Other findings include:

• The overall automotive repossession rate saw a significant increase in the second quarter of 2014, jumping more than 70 percent to 0.62 percent from a year earlier.

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Experian: Auto Repossessions Reach Lowest Rate on Record

experian

Thirty-day delinquencies drop and 60-day delinquencies remain flat as auto lending market stays strong

Press Release

Schaumburg, Ill., Aug. 13, 2013 — Experian Automotive today announced that quarterly vehicle repossessions dropped by 14.8 percent to achieve the lowest rate since it began tracking the data seven years ago. According to its latest State of the Automotive Finance Market report, 0.36 percent of all vehicle loans ended in a repossession, down from 0.43 percent in Q2 2012. This change also represented a 10.4 percent decrease from the previous low of 0.41 percent in Q2 2006.

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Experian – Auto Delinquencies Rise for First Time Since 2009

experianAuto lending still healthy as delinquencies remain below prerecession levels

Schaumburg, Ill., Feb. 21, 2013Experian Automotive today released its industry-wide analysis of automotive credit trends for Q4 2012 and found that 60-day delinquencies rose from 0.72 percent in Q4 2011 to 0.74 percent in Q4 2012. It was the first time since Q4 2009 that either 30- or 60-day loan delinquencies experienced a year-over-year rise.

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