Lending Solutions Inc. Offers Full Spectrum Of Collections Services Through Alliance With Remarketing Of America

Lending Solutions Inc., the leading provider of lending call center services and consulting programs for financial institutions across North America, announced its partnership with Remarketing of America, a liquidation management system specializing in increasing overall return of repossessed vehicles to participating customers.

Lending Solutions Inc.'s existing collections outsourcing service, which improves delinquency rates, reduces the administration burden of servicing accounts and improves the borrower's delinquency patterns through its persistent contact efforts, is further enhanced through Remarketing of America's repossession service. The alliance with Remarketing of America delivers lower repossession expenses to the financial institution and higher yielding returns on repossessed vehicles through its contracted relationships with numerous disposal conduits throughout the United States.

Through LSI's evening and weekend phone calls, financial institutions increase recovery rates, enabling financial institutions to focus on exceeding sales objectives rather than dealing with delinquency. LSI's transparent service acts as a first-party collector.

"LSI's Collections Outsourcing Service has lowered the delinquency of many of our clients by as much as 50 percent or more," said David Brooke, executive vice president of LSI. "By partnering with Remarketing of America, we have enhanced our collections' umbrella to include a top-notch repossession service, offering our clients the most complete collections service available."

About Remarketing of America
Remarketing of America is a liquidation management system that offers a guaranteed return on every vehicle, diverse channels to dispose of repossessed vehicles, final proceeds paid within seven days of sale and advanced ordering and tracking of repossessed vehicles. It provides financial institutions with increased returns through diverse liquidation channels and may process any vehicle within the United States. For more information, contact Gary Moffatt at garym@cufsolutions.com.

About Lending Solutions Inc.
Lending Solutions Inc. has been the leading provider of lending call center services and consulting programs for financial institutions across North America since 1994. The company's highly trained, professional staff provides 24 hour lending services to roughly 300 of North America's premier credit unions, banks and mortgage companies. For further information on Lending Solutions, please visit the company's Web site at www.lendingsolutions.com.

SOURCE: Lending Solutions Inc.