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Portfolio Servicing Program

Third party companies with acquired non-prime or sub-prime auto receivables can take advantage of our payment processing and servicing. Eliminate your need for interim servicing resources while providing a significant increase in your cash flow due to simplified account transfers and proactive account management.

Don't risk diminishing the market value of your portfolio. Our streamlined account transfer process means that we can usually begin servicing your accounts within 2 to 3 business days. Once the accounts are loaded, these customers can make payments at any of our payment partner locations in all 50 states. Plus our "pay for performance" pricing means the servicing fee is applied ONLY to the amount collected by CFS.

Advantages to you:

  • We can handle routine weekly, biweekly or monthly payment processing and collections.
  • Eliminate an interim servicing department.
  • Reduced delinquencies and bad debt with a fast account transfer process.
  • Receive 100% of the principal balance in most cases.
  • Pay for performance pricing.
  • You get accurate reports of payments received.
  • Choose daily or weekly disbursements.
  • Document auto insurance records.
  • We service any size accounts and maturities.
  • Experienced servicing staff and seasoned servicing resources.

To get started, please complete our online information request form or contact us.

 
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