CUDL Turns to PAR for Asset Recovery Services

CUDL recently revealed that it has struck a deal with PAR North America to provide credit union members with a slew of asset recovery solutions.
Among the PAR solutions that CUDL’s credit union partners now have at their disposal are repossession, skip trace and title services.
Officials said CUDL has similar deals with GE Capital and Manheim, and these solutions from PAR add to the offerings from those existing partnerships.
“We are thrilled to begin our alliance with CUDL and their credit union network,” stated PAR North American president Jerry Kroshus.
“The opportunity to assist credit unions with their recovery, skip and title processing is very exciting,” he continued. “We are confident we can make a positive impact for their back-end solution needs.”
Jerry Neemann, executive vice president and CSO of CUDL, added: “PAR will bring added value and benefit to our clients by providing innovative vehicle recovery solutions and services that are vital to credit unions vehicle repossession and disposition efforts.
“This alliance will provide our credit unions with the unmatched combined industry experience and expertise of PAR, GE Capital and Manheim to help maximize their overall program success.”