Press Release
Secure Collateral Management (www.secure-cm.com) who recently made news by offering their network of Recovery Agents “Same Day Pay” with zero fees on recovered assignments, announced Thursday, May 02, 2013 its desire to also offer Positive Resolution Fees to their Recovery Agents.
In an unprecedented move, Jim Farley, Principal-CFO, of Secure Collateral Management, emailed the entire network of Recovery Agents seeking their input and suggestions on this new program.
In the email, Mr. Farley states; “Secure CM believes that if an agent knocks on a door or makes contact with a debtor and is unable to repossess the vehicle, but the debtor goes the next day and pays current or pays the vehicle off that there should be a positive resolution fee paid to the agent.”
Read More!
More Stories
Announcement to ARA Membership: Strengthening Leadership for the Future
A Meaningful Step Forward: Recognizing Bridgecrest’s Fuel Surcharge Initiative
A Year Worth Celebrating: America, Allied, RSIG, and REPO2026
Attention REPO2026 Attendees: Don’t miss the RABF Auction!
National Framework for Breach-of-Peace Prevention, Violence Response, and Recovery Safety Management
LocateSmarter’s Best-In-Class Address Data Now Available in Repo Report’s Software Through Powerful Integration