PRESS RELEASE
More than 300 enterprise lenders nationwide are using DRN’s Historical Data to lower their charge-offs and increase their recovery rates. If you’re looking to do the same, why not give it a try?
DRN collects more than 220 million vehicle license plate scans every month, covering two-thirds of the U.S. population. Over the last year, this historical database has surpassed the 15 Billion mark. Enterprise lenders are leveraging this data both internally and externally to increase overall efficiencies in the collections and recovery arena.
As part of our Charge-Off Challenge, we’re inviting Auto Lenders to send us a list of accounts that are on track to charge-off at the end of the month. DRN will run these VINs through our database at no cost to you. Our license plate scans provide valuable insight into helping you find these vehicles before they charge-off. The goal is to help auto lenders understand how to use DRN historical data to their advantage and help locate some hard to find skips.
See for yourself how the power of DRN’s data can work for you. What do you have to lose? Better yet, what might you find?
Learn more about our Charge-Off Challenge by filling out our contact form.
Real data, real analytics, real results.
About the author:
Noel Pena
Sr. Channels Inside Sales Manager Noel leads DRN’s Inside sales team helping lenders from various sizes find solutions to collections and recovery challenges. Since 2016 he has worked with lenders to help optimize their collections and recovery strategies through DRN’s extensive suite of products.
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