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Tag: vendor management

Nationwide Recoveries, California Units: What Out-of-State Lenders Should Require Before Placing a Repossession in California

Licensed recovery truck towing a vehicle on a Los Angeles County freeway

A lender-facing guide for national lenders, credit unions, and fleets that place units in California: why the recovering agency must hold a California license, what the 2025 DFPI forwarder finding means for vendor files, and how to keep documentation and chain of custody intact when a unit crosses state lines.

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Located in the vibrant Southern California region, The Recovery Dept. is a boutique repossession agency adept in the technology sector and rental car market, emphasizing Mobility as a Service (MaaS) innovations.

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