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NAF Conference Offers Return to Industry Camaraderie

The National Automotive Finance Association (NAF) held its annual Non-Prime Auto Financing Conference last week in Plano, Texas. This was a great opportunity for subprime lenders to network, share best practices, get updated on industry trends and learn about new innovations in our space. I spoke to many lenders, agents and other vendors who were really glad to be back – we’ve all missed the camaraderie and learning that can happen when we come together. The group was eager to talk about what’s coming for the industry as the pace of collections and recoveries begins to increase. There was a

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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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Lenders Speak Up at UCW Roundtable, Revealing Top Challenges

DRN hosted 30 lenders at Used Car Week 2018 for the 2nd Annual Peer-to-Peer Excellence in Risk Management Roundtable. Lenders opened up in this face-to-face forum about the real issues that keep them up at night and here’s what they said. Look for an upcoming in-depth report recapping the Peer-to-Peer

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Thank You, Veterans

DRN and Vigilant Solutions Commit to Serving Veterans Veteran’s Day first began as Armistice Day in 1919 to mark the end of World War I. Since 1926, after the passing of a resolution from Congress, we began to celebrate the holiday as what it is now – Veteran’s Day. VaaS

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Data Due Diligence: A Three-Pronged Approach to Risk Mitigation

Even with our strong economy, delinquencies remain an issue despite seeing high prime and subprime recoveries. Still, increased vehicle demand does not equal increased profit. Solution: Throw Data at it. Lots of it. Longer loan terms driven by higher vehicle prices and loan payments present a challenge. You can’t afford

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Digital Recognition Network’s New FinTech Client Services Unit Helps Clients Be More Strategic and Demonstrates an Average of 193 Percent Return on Investment for Clients Using DRNsights

Company adds the Client Services Unit, new hires and promotes from within to meet the needs of its fast-growing FinTech Division FORT WORTH, TX – SEPTEMBER 24, 2018 – Digital Recognition Network (DRN), an AI and data analytics company that provides vehicle location data and analytics to auto lenders, insurance

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