“On-Hook Status” Feature Integrates RDN with Clearplan to Provide Lenders with Instantaneous Notifications
FOR IMMEDIATE RELEASE
CARMEL, Ind. – May 21, 2019 – Recovery Database Network (RDN), a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services Inc. (NYSE: KAR), announces the launch of an industry-first, all-in-one solution that enables recovery agents and automotive lenders to seamlessly track — in real-time — the repossession status of a vehicle in a single environment. RDN’s new On-Hook Status feature fully integrates Clearplan data, enabling lenders to be notified instantly that the repossession is complete, at no additional cost to lenders or recovery agents.
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