A FINAL NOTICE to Primeritus

“the Alliance of Illinois Repossessors expect to be paid, in full, for any invoices 45+ days past due no later than Friday September 9, 2022.”

FOR IMMEDIATE RELEASE

Dear Primeritus Family of Companies,

Our Alliance of Illinois Repossessors recently had a meeting in regard to past due payments from Primeritus. Upon review of our collective accounts, we discovered that the balance of past due invoices (45+ days) is in excess of $100,000.

While the members of the alliance understand there are some integration issues between platforms being utilized, we have followed the instructions provided by Primeritus and are still failing to get paid for services rendered. Our invoicing departments cross communicate to ensure that billing is done correctly and to the standards set forth by Primeritus with negative results.

The members of the Alliance of Illinois Repossessors expect to be paid, in full, for any invoices 45+ days past due no later than Friday September 9, 2022. In the event these invoices are not paid by the date specified, the members of the Illinois Alliance have agreed to stop accepting Primeritus assignments until balances are settled.

The survival of some of our businesses rely on these open balances being paid in a timely fashion. Our network of agents cannot afford to lose any members as the remaining agents will not be able to effectively cover the gaps left behind.

MISSION STATEMENT

The Alliance of Illinois Repossessors is a gathering of Repossession companies united for the progression of the repossession industry within our state. AIR is composed of licensed members operating repossession agencies with the State of Illinois. The purpose of this Association is to strengthen understanding between licensed repossessors, law enforcement, financial institutions, regulatory agencies, and the consumer.