An agency letter to ARS – I don’t think so…

“I have a question for ARS Management. Would they want to get paid the same as what they were getting paid in 2009?”

“Why won’t you sign our contract?” asked ARS to the General Manager of a Texas repossession agency. While he wanted to keep it as brief as; “This would put us out of Business”, he instead chose a more elaborate explanation.

Good morning,

If you look back on our history with ARS it is quite minimal. We have never done any direct work for you and only LPR hits. But as time has gone on its no longer feasible to even do those. Why would we give ARS a 25% to 40% discount on our services? We normally receive over $400 for the majority of our recoveries. Our clientele is the top direct finance companies which have all given us raises this year. We are quite grateful for them.

With the cost of everything in our industry increasing at a rapid rate (trucks, insurance, employee pay. Etc.) How in the world can ARS still offer the same low-ball fee they did in 2009? It’s an Insult.

I have a question for ARS Management. Would they want to get paid the same as what they were getting paid in 2009? Or better yet would they be willing to take a large pay cut to stay in this industry? I don’t think so.

Patrick K Willis sure isn’t getting a pay cut. Rich get Richer I suppose. I wonder how? How can ARS require its agents to pay the Database fees for them when they are making so little? Better yet how can you dare ask at all?! UNBELIEVABLE! How is it that ARS can feel it is acceptable to nickel and dime small independent businesses while your CEO buys a 12.5-Million-dollar home?

Do you realize How un-American that is? The big Company squeezing the life out of Main street USA? It’s truly Sad and very Hurtful to our industry as a whole.

Do you know how little Repo Agencies have to pay their drivers to RISK THEIR LIVES on picking up collateral for $275? Try $50 bucks a car or close to it. Not worth being shot over and no profit. Which is why finding drivers for most companies is their Biggest issue (nowadays.)

I realize ARS has a large part of the industry working for them, probably 80%. I also realize that Our company and a few others are anomalies in the current climate. BUT, it should be the other way around.

We have been in business for 34 years. Hopefully many more. But not for $275 a repo.

Sincerely,

Jason Karns

General Manager

Quality Recovery Service