Lenders need a repossession titling process that is fast, efficient, and accurate. But it can be a challenge to secure repossession titles quickly in order to resell repossessed vehicles as soon as possible.
Many lenders rely on largely manual processes to request and keep track of repossession titles. Some vendors may not cover all 50 states or have full visibility into your portfolio to see the status of your orders. When you add in the bandwidth required from internal teams to oversee requirements that change by state, repossession titling can be slow and error-prone. But it doesn’t have to be that way.
Lien Solutions can help you:
- Request a repo title and repo affidavit quickly and easily
- Access a complete and up-to-date list of documents required by jurisdictions in all 50 states
- Eliminate the need for submissions via special request, email, or workaround
- Stay informed of transactions and orders via email updates
- Access a transaction history for auditing purposes
- Handle volume surges and growth via a scalable solution
Download our brochure to learn more about repossession titling services.