Delinquency & Collection Statistics

using PassTime Reduces Your Overall Deslinquencies & Collections

Did you know that approximately 28% of all auto-loans at any given time are 30 days or more overdue with consumer credit continuing to suffer year after year.

Banks have began tightening lending practices and auto loans have become a risky business. How can you give your business assurance in such a turbulent time?

Whether you choose to use one of our payment assurance or GPS products, using a PassTime device to secure your lending has been proven to reduce delinquencies from upwards of 28% to as low as 1%. That is an investment that pays for itself over and over.