License Plate Recognition
LPR is a license plate image-processing technology that is rapidly increasing the capabilities of locating assets that may normally go unnoticed by even the most trained eye. When a license plate on our “repo hot list” is scanned, our recovery agent is alerted to immediately notify VRS to receive the recovery assignment, and recover your collateral “on the spot”, 24 hours a day, 7 days a week.
LPR scans, combined with our leading skip trace system practices; providing you the client with boosts in resolution rates with an uplift of 15%, allows our network of vetted agents to locate and secure vehicles nationwide.
It’s like having a third set of eyes looking for your unit.