After nearly two months of COVID-19 related ordinances and regulations, RISC acknowledged the repossession industry has not opened up in all areas, continuing to pressure recovery agency owners and their staff financially. 

RISC wants to support agents during this crisis by waiving membership and education fees for current and any new RISC Pro members through July 1. 

According to a news release distributed this week, RISC’s waiver of fees can allow members to update their CARS certifications and train any new employees to prepare for assignments to come. The RISC Pro platform is tool for agencies to organize their compliance documentation and market their compliance status to clients.

“Our belief is that we’re all in this together and RISC will continue to assist agents in these challenging times,” the company said.

RISC Pro is a membership for agents that provides the ability to:

• Manage and store compliance documentation on the MBSi VendorConnect platform

• Showcase a compliance profile and company listing in front of more than 40 finance companies and forwarders that are on the RISC Pro/MBSi VendorConnect platform

• Quickly share a compliance profile directly with finance companies

• Unlimited employee access to the CARS National Certification, Continuing Education, and Drivers Safety Certification for a small monthly “pay as you go subscription rather than the full upfront certification cost.

“Membership billing is currently on hold and will not begin until we are confident agents are back to work,” RISC said. “We currently forecast this will not go beyond July.

“There is no cancellation fee should you choose not to keep RISC Pro membership,” the company continued. “However, if you cancel, any CARS certification completed between now and then will require you to pay in full to retain a valid CARS certificate. Maintaining your certification allows you to pay as you go for each employee.

Furthermore, on behalf of Alex Price and RISC, the company said all proceeds from sales of RISC’s Skip Tracer Certification will be donated to the Recovery Agents Benefit Fund (RABF) through the end of June.

For more information, visit www.RISCus.com or call (813) 712-7535.