ALSR Insights

At ALSR, we believe that an important part of our role is to provide our clients with insights into current issues and best practices. To that end, we write articles, sponsor research, survey best practices and host industry events. Visit this section of our site regularly for updates.

Using data analytics

Using Data Analytics to Predict Auto Repossession Success

Written by Steve Schroeder as part of the ALS Resolvion Insights Series Statement of the Problem Several factors converge to cause current and future constraints in the repossession industry that will impact lenders, forwarders (also known as repossession management companies) and agencies alike. These factors will continue to increase in relevance over the next five…

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pros and cons of personal property and redemption fee models

PROS AND CONS: Personal Property and Redemption Fee Models Used in Auto Repossession Management

One of the hottest compliance topics in the industry over the past year is the handling of personal property and redemption fees. CFPB’s concerns over treatment of customers has resulted in significant changes by most lenders. Auto lenders have changed their approach to handling personal property and redemption fees to one of the emerging five…
personal property infographic

Auto Repossession: Personal Property & Redemption Infographic

We surveyed over 100 auto lenders in regards to their personal property and redemption techniques. Take a look at the data we’ve gathered. 40% of lenders follow a fee model of which it’s set by the agent and collected by the agent 20% of lenders don’t allow personal property and redemption fees 15% of lenders…

ALS Resolvion Announces Webinar Series Aimed at Spreading Best Practices

Charlotte, NC, October 25, 2018 – As part of its ongoing efforts to put a spotlight on the repossession industry, ALS Resolvion (ALSR) has announced the launch of their “Insights” webinar series with the first webinar scheduled to launch on Wednesday, November 28, 2018.  The webinar series will aim to provide the lending community with…
repo agent effort

Repo Agent Effort – In Today’s Environment, Expect To Get What You Pay For

The relentless drive to reduce repossession related costs while, at the same time meeting the demands/expectations of regulators, may be catching up with us.  As one of the largest repossession management firms, we stay very close to the dynamics of the marketplace and we have become concerned about the current situation and even more concerned…
vendor score card infographic

Auto Repossession: Vendor Score Carding Strategies

We surveyed over 100 auto lenders in regards to vendor score carding strategies. Here’s a visual look of the results. 67% of auto lenders use nationwide repossession management companies to manage their asset recovery 70% score card their vendors while 30% don’t 78% give their repossession vendors score cards on a monthly basis 17% give…
Benefits of Adding a National Repossession Management Company

5 Benefits of Adding a National Repossession Management Partner – Have your cake and eat it too

Over the past several years, there has been a very clear trend by lenders towards the utilization of repossession management firms (forwarders) to manage the rising complexity of repossession related activities.  Today, the vast majority of the top 100 auto lenders in the country rely primarily on this model.  However, the proliferation of the model…