MVTrac for Lenders
Recovery you can rely on.
Handing off your recovery operation can be stressful.
After all it’s your revenue that is on the line. At MVTRAC, we’ve made it our life’s work to develop and provide leading technology and unique expertise that connects you with the largest, most highly qualified network of agents who have made it their life’s work to help you avoid charge-offs and protect the bottom line.
Our network of 600+ agents in 300+ small, mid-size and major markets provides nationwide coverage to find your vehicles fast.
With active and passive repossession assignment options available, we ensure qualified agents recover vehicles in line with your processes.
Case Claim automates repossession processing and verification by taking the human element out of the equation, ensuring compliant recovery.
Our agents go through the most stringent compliance process for access to the network which allows for a compliant real-time recovery.
We’re integrated with RDN, iRepo and others for seamless submission of your repossession orders without a need to adopt a new system.
Monitor your success with live status updates, custom and pre-built reports, agent scorecards and any other documentation you want at your fingertips.
Forwarding and Skip
Using historical scan data and advanced analytics, Smart Assign identifies the best, approved agent for the job. Combined with our highly experienced skip trace and forwarding teams, we ensure assets and revenue are recovered sooner.
License plate recognition (LPR) Staging or Shadowing
In partnership with Digital Recognition Network (DRN) for LPR data, our agents scan 200+ million plates per month. This data collection engine is key to making passive assignment so effective in locating hard-to-find vehicles. Coupled with an active assignment strategy, you can maximize the power of LPR data for real-time repossessions.