If you are the approved person within a prime, sub-prime or captive lending organisation, this audit will highlight your personal risk & organisational exposure to non-compliance in relation to asset recovery. It will help you evidence due diligence, rectify non-compliance and spot potential illegal practices.
Vehicle and Asset Repossessions
Industry leading performance with the highest standards of FCA compliance, from repossessing a single vehicle to a whole fleet.
If you have security against a vehicle or asset and all other attempts to rehabilitate the account have failed, you need to enforce the terms and conditions of the loan. However, it is your legal responsibility as the 'lender' to ensure all vehicle and asset repossessions comply with both the Financial Conduct Authority (FCA) legislation and the law.
How do you manage compliance of repossessions?
- Single vehicle or asset repossession
- Distress fleet repossessions
- Technology driven, FCA compliant processes
Can you evidence you have carried out due diligence?
If you are a prime, sub-prime or captive lender, you have a business need for the swift resolution of account correction. However this must be balanced with the legal responsibilities placed upon both you, as the 'CF28' and your organisation as the lender. Non-compliant or illegal activities will be much more financially damaging than writing-off a delinquent debt - so it's critical you have the right partner.
Anglia UK deliver industry leading repossession rates combined with evidence based reporting and compliance.
As the only organisation to provide a UK wide solution, with exclusively recruited, trained and contracted agents. Regionally based, uniformed and driving Anglia UK vehicles, our field agents are compliance trained to a nationally accredited standard. Which means - you get a single point of control and full accountability of all your repossession cases, case by case.
FREE 'Risks' audit on your repossession processThis discreet service is designed for prime, sub-prime and captive finance providers. There is absolutely no obligation, simply - call 01775 713322 or submit the form above to arrange your FREE 'Risks' audit. |
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