May 21, 2024

Repo Buzz

Collateral Recovery Repossession News And Directory

RISC Waives Membership Until End May 2020

RISC is here to support the industry.

Dear Member,
We cannot avoid the news about COVID-19 and the uncertainty it is bringing to our lives. This virus has caused disruptions to not only our daily lives but, most certainly, the collateral recovery industry. In these challenging times, the compliance team at RISC would like to do our part and help support the industry agents on the frontlines. We realize that the pandemic and its economic impacts will slow assignments significantly. However, it is important to remember that this will not last for long. If we can find ways to weather the storm then we know there is going to be a significant workload in the near future. In fact, it is realistic to say there will be more work than we all can handle. As an industry, we need to help each other survive, prepare, and be ready for the favorable times to come.

No RISC Pro Membership Fees Including CARS Certification Subscription until the end of May 2020.

We would like to offer agencies the chance to join RISC Pro at no charge through the month of May. Our hope is that this will give you the chance to use the downtime to prepare your compliance status, get your agents trained, and be ready for business to turn back on.

What is RISC Pro?

RISC Pro is a membership for Agents that gives you the ability to:

  • Access to manage and store your compliance documentation on the MBSi VendorConnect platform. Lenders can see your status and assign more efficiently using RecoveryConncect.
  • Get your compliance profile and company listing in front of 40+ Lenders and Forwarders that are on the VendorConnect / RISC Pro platform. You can quickly share your profile direct with the Lenders.
  • Get your staff trained in the CARS National Certification for a small monthly “pay as you go” subscription rather than the full upfront certification cost.
  • And more…

If you choose to keep the membership, billing will begin the first week of June. There is NO CANCELLATION fee if you decide to cancel the membership after this 2 month period. Cancellation must happen before June 1, 2020. If you decide to cancel the RISC Pro Membership, any certification completed between now and then will require you to pay in full to retain a valid CARS certificate. More details can be found in the RISC Pro Service Agreement at Registration.

Learn More and Register for RISC Pro
error: Content is protected !!