License Plate Recognition

License plate recognition, or LPR, is an image-processing technology that is used to identify vehicles by their license plates. Our LPR agents equip license plate readers to their vehicle to scan plates virtually anywhere. When a license plate is scanned, that is on our “repo hot list”, it alerts the recovery agent to call VRS to receive the recovery assignment and recover your collateral “on the spot”, 24 hours a day, 7 days a week.  This additional recovery tool, utilized with our standardized skip trace practices, recovery and repossession efforts, boosts resolution rates by allowing other vetted recovery agents to locate and secure the vehicle nationwide.  It’s like having a third set of eyes looking for your unit in all 50 States.