September 2020 “State of the Repossession Industry Survey” – LPR

LPR

DRN continues to hold the lead in LPR participation. Really no surprises here. The stats held pretty firm to the last survey. What was different, was the percentage of agencies who claim to have camera cars.

Of those agencies who do employ LPR into their business operations, the number of conflicts between competing repossession agency employees has risen only slightly according to the survey results. Even in the absence of violence, a lot of animosity or arguments have occurred as agents and camera car drivers arrive to the same location attempting to recover the same collateral.

Read Next! On to AGENT COMMISSIONS

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Introduction

Respondents

Standard Operations

Staff Levels

Fees

Violence

Forwarders

Click here to See May’s “State of the Repossession Industry Survey” Results!