Asset Recovery. Asset Disposition. Maximum Auction Value.
Protect your credit union and optimize your vehicle resale opportunities
with CU Direct’s Vehicle Remarketing Solutions.
If your recovery and disposition processes were not compliant, how would you know? Can a repo agent enter a property without advanced notice? Can they enter a closed garage? As auto delinquencies edge higher, credit unions must remain vigilant to ensure vendors are following all federal, state and local laws governing wrongful repossession and commercially reasonable disposition. CU Direct can help.
Why Vehicle Remarketing Solutions?
For many credit unions, hiring the local repo guy and using the closest auction may seem like a quick solution to recovery and disposition. However, the wrong repo agent is a compliance risk, and choice of auction matters a lot in getting top dollar for your assets.
Coordinating with a local auction house to market and sell cars for maximum value is a serious challenge, often involving a lack of oversight and loss of control by the creditor.
Fortunately, CU Direct Remarketing Services provides a comprehensive service powered by the best brands in asset recovery and disposition.
Features / Benefits
Save time and money by managing all vehicle repossessions and disposition activities with one contract, one login and one phone number to call.
Limit compliance risk in a constantly changing regulatory environment.
Economies of Scale
Benefit from Vehicle Remarketing Solutions’ national repossession and disposition network for competitive pricing you can afford.
Reduce losses and increase your ROI on each recovery.