Since 2016, LPR has become a larger part of recovery strategies across the industry and overall scan density continues to be on the rise. Our innovative staging and value added accuracy enhancements create a greater sense of urgency with agents by increasing success rates and shortening recovery time.

Loss Prevention Services LLC is one of the few companies nationwide who offer high level customizable LPR services.

Compare LPR STAGING WITH LPS…

• Nationwide Coverage – not limited to just addresses

• Provides ability to secure vehicles inaccessible at the given address or when they’re on the move

• LPR repossessions can fill the void of decreased repo rates & has proven to reduce days to repo

to the standard assignment approach

• Coverage limited to only addresses provided

• Vehicle could inaccessible (Garage, fence, etc.)

• Reduction in overall runs as gas prices increase, which decreases overall repo rates and increases days to repo

Year after year, LPS is a top scan density provider with consistantly impressive recovery rates.

• Full integration with all recovery software providers
• Customize LPR strategy with RDN or Irepo reducing the need to leverage lender IT
• Lenders who utilize LPR prior to charge-off see a reduction in accounts that lead to skip and full balance in car charge-offs
• Staging account in LPR cloud provides additional coverage which does not interfere with existing assignment
• Additional coverage proved to be necessary to maintain expected repo rates and days to repo performance as gas prices continue to fluctuate
• Lenders experience increased reinstatement rates with earlier and more aggressive LPR staging strategy
• LPR staging creates greater sense of urgency with existing agents