The Fair Debt Collection Practices Act (FDCPA) and the Consumer Financial Protection Bureau (CFPB) monitor auto repossession and skip tracing. TrendSource collaborates with auditors to develop Inspections to assess an auto repossession facility's security, technology, and CFPB compliance. This includes evaluations of:
TrendSource helped push compliance inspections into the virtual world, developing best practices and the technology required for such an undertaking. With this infrastructure in place, TrendSource proudly offers Virtual Repossession Lot Inspections.
A contact answers the Inspectors questions over a video chat application, and then leads the Inspector on a tour of the site, providing verifiable photographs of mandated security features. Virtual Inspections are just as comprehensive as traditional physical ones, but further offer the convenience and speed of the virtual world.
Of course, each business must decide for itself what type of Repossession Lot Inspection best fits its needs. If you have any questions, reach out to an Inspection Specialist.Learn More about Virtual Repossession Lot Inspections
TrendSource leans on its national network of Inspectors to rapidly and effectively complete Repossession Lot Inspections anywhere in the country as well as Puerto Rico, Guam, and the U.S. Virgin Islands. Once the Inspection is complete, our best-in-class Quality Assurance Team ensures the information is accessible and accurate. National coverage, rapid turnarounds, and assured quality — that’s how TrendSource does Repossession Lot Inspections.Learn More
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