The January Axe – DRN Parts Ways with ARS

“It’s not you, it’s me.” A common statement made every January by many trying to soften the blow of a breakup. January is after all a peak month for relationship breakups. This holds true in business as well. Last week, Digital Recognition Network (DRN) announced a breakup of their own.

Last week, Digital Recognition Network (DRN) released a memo to its agent network that caught many off guard. In that memo, the stated that they were parting ways with their relationship with American Recovery Service (ARS) as a “pickup provider”. Why; is the question many are asking.

In the memo, DRN states that their termination of this relationship has no impact on their agent network’s ability to receive ARS’s direct assignments, perform recoveries or participate fully in the DRN LPR network.

This termination of a forwarding company is not DRN’s first. As many of you will recall, in early 2002, DRN cancelled their relationship with four other forwarding companies. Primeritus, Burns National, LLC, Victory Recovery Services, Inc.,  and Millennium Capital and Recovery, Corp. all got the axe.  

The timing of a January termination appears consistent with DRN’s prior action and was likely in consideration for some time beforehand.

DRN has for many years maintained an agent advisory board and works closely with many agencies to identify areas of concern for both DRN and the agents. What impact this may have had on DRN’s decision is unknown and unlikely to be publicly disclosed.

California based American Recovery Service, a Patrick K. Willis Company, Inc., has been in business for over 30 years and maintains a reported agent network of nearly 800 agents nationwide. In addition, ARS claims on their website that they have recovered over 650,000 units through LPR.

What impact this will have on their network is yet to be known. But this announcement probably came as something of a surprise for ARS. At this point, it is unknown what changes they may make or if they will attempt to partner with DRN’s primary repossession industry competitor InsightLPR.  

Related:

DRN cuts four repossession forwarders

Primeritus shoots back

The January Axe – DRN Parts Ways with ARS – The January Axe – DRN Parts Ways with ARS – The January Axe – DRN Parts Ways with ARS

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