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The Evolution of Risk Scoring

The Sooner, the Better: How Risk Scoring Became a Powerful Pre-Repo Tool DRN data has long been used in collections and repossessions to find more vehicles faster. We believed this data could be just as powerful for lenders as they scored loans and considered when to assign a vehicle for repossession. Our idea: use DRN’s vehicle location data and analytics to assess risk and influence decisioning after origination and before repossession. Lenders use traditional attributes such as missed payments, numbers of loan extensions and FICO score trends in their behavior and repo scoring models to determine when a vehicle should

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Blog

DRN Statement on Coronavirus (COVID-19) Response Preparedness

DRN continues to closely monitor the widespread impact of the coronavirus (COVID-19) pandemic. The safety and well-being of our employees, customers, partners and suppliers remain our top priority. Additionally, we are committed more than ever to supporting the critical communications, safety and security needs of our public safety and enterprise

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How Are You Staying Compliant with Active Duty Servicemembers

New OSA Report Cites Complaints Against Auto Lenders from Servicemembers The Office of Servicemember Affairs (OSA) recently released their 2018 Annual Report, which details complaints that have been submitted by servicemembers throughout the year. According to the report, there have been many complaints received about vehicle loans, which included: Late

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Find DRN at Used Car Week 2019

Get the scoop on must-see and do UCW events. The air is getting colder. The leaves are changing colors. It must be that time of year again – Used Car Week! DRN is heading back to the conference and we’re bringing favorite sessions like the Annual Peer to Peer event

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Partner Profile: American Recovery Service (ARS)

DRN and ARS Celebrate History of Partnership and Innovation About American Recovery Service American Recovery Service (ARS) provides a powerful and effective LPR service solution and is known for having developed the original LPR staging model for the recovery industry.  Celebrating their 25th anniversary this year, ARS continues to carry

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Partner Profile: Victory Recovery Services

Partner Name: Victory Recovery Services Years as Partners: 10 Years Location: Buford, Georgia About Victory Recovery Founded in 1989, Victory Recovery Services was one of the first skip tracing companies at the time. The company now offers a forwarding model but still remains true to its roots by offering skip

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