PAR North America Sets New Industry Standard with Two-Day Agent Pay

February 13, 2026 – The field of repossession is inherently stressful and carries significant risk. There are no guarantees—agents operate in unpredictable environments, often in the middle of the night, facing safety concerns and volatile situations while providing a critical service to the lending industry.

In addition to those daily risks, agents have traditionally faced another major stressor: cash flow. For decades, repossession companies have been required to wait 30, 60, or even more days to receive payment for services already completed. While expenses such as payroll, fuel, insurance, compliance, storage, and equipment are immediate and ongoing, revenue has been anything but. This created constant financial pressure and, in some cases, limited an agency’s ability to grow or even sustain operations.

As a workaround, some forwarders began offering weekly pay options, but at a cost. Agents could receive faster payments only if they were willing to forgo a percentage of their earnings. In other words, quicker pay was possible, but it came with a penalty. For years, repossessors have advocated for faster, fairer payment terms without sacrificing a portion of what they rightfully earned.

Today, that advocacy has produced meaningful progress.

PAR North America has announced one of the fastest pay systems ever offered by a forwarder in this industry. Moving from its previous 14-day turnaround, PAR will now issue payment in just two business days for all contracted agents.

Dave Baker, Vice President of OpenLane / PAR North America, stated, “At PAR, we believe repo agents deserve to be paid accurately and without unnecessary delay. PAR’s new invoicing system is designed to promote transparency, accuracy, and respect for the critical work agents perform every day. At PAR, fast and fair payment isn’t a privilege—it’s a standard.”

The American Recovery Association (ARA) applauds Dave Baker and the entire PAR team on the launch of the Expedited Vendor Pay Program. This initiative clearly demonstrates Dave’s leadership and their commitment to valuing agents and sets a new benchmark for what a true partnership should look like in this industry.

ARA also strongly encourages all forwarders and lenders who are not currently offering expedited, fair-pay programs to evaluate their payment practices and follow suit. Timely compensation should not be a premium feature—it should be the standard. This is a meaningful step forward, and we hope it marks a turning point toward stronger, more sustainable partnerships across the industry.

Sincerely,

Todd Case, ARA President

About the American Recovery Association (ARA):

The American Recovery Association is the world’s largest association dedicated to the advancement and professional development of the recovery and remarketing industry. ARA provides compliance support, education, and advocacy for hundreds of recovery professionals nationwide. ARA is the founder and host of the annual three-day North American Repossessors Summit (NARS) — the largest repossession conference in the industry. For more information, go to repo.org or call (972) 755-4755.

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PAR North America Sets New Industry Standard with Two-Day Agent Pay – PAR North America Sets New Industry Standard with Two-Day Agent Pay – PAR North America Sets New Industry Standard with Two-Day Agent Pay 

PAR North America Sets New Industry Standard with Two-Day Agent Pay – American Recovery Association – ARA – PAR – Repossess – Repossession – Repossession Agency – Repossessor – Repossession