RISC extends its waiver of RISC Pro membership/education subscription fees through July 1, 2020.

RISC extends its waiver of RISC Pro membership/education subscription fees through July 1, 2020.

After nearly two months of COVID-19 related ordinances and regulations, the repossession industry has not opened up in all areas.  This continues to financially pressure recovery agency owners and their staff.  RISC is here to help support agents during this crisis by waiving membership and education fees for current and any new RISC Pro members.  RISC is the only compliance company that has waived membership and education fees for its members.

RISC’s waiver of fees allows members to update their CARS certifications and train any new employees to prepare for assignments to come. The RISC Pro platform is also an excellent 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.

What is RISC Pro?

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

  • Manage and store compliance documentation on the MBSi VendorConnect platform.
  • Showcase your compliance profile and company listing in front of 40+ Lenders and Forwarders that are on the RISC Pro/MBSi VendorConnect platform.
  • Quickly share a compliance profile directly with Lenders
  • Have 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.
  • And more…

Membership billing is currently on hold and will not begin until we are confident agents are back to work.  We currently forecast this will not go beyond July. There is NO cancellation fee should you choose not to keep RISC Pro membership.  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. More details can be found in the RISC Pro Service Agreement at Registration.

Learn More and Register for RISC Pro

Also, on behalf of Alex Price and RISC, all proceeds from sales of RISC’s Skip Tracer Certification will be donated to RABF through the end of June. Register today here.

About RISC

RISC is an organization dedicated to providing compliance oversight and training services to the collateral recovery industry and beyond. RISC advocates on behalf of all practitioners within the industry. For more information, visit www.RISCus.com or call (813) 712-7535.

RISC waives RISC Pro membership/education subscription fees through the end of May 2020 to support collateral agents during the COVID-19 crisis.

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.

To support the agent community, RISC will waive all membership fees including the CARS education subscription fees within the membership for current and new RISC Pro Members starting immediately through the end of May. Billing will resume the first week of June 2020. Our hope is that this will give some financial relief to agents and the chance to use the downtime to get staff trained and ready for when business turns back on.

What is RISC Pro?

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

To manage and store compliance documentation on the MBSi VendorConnect platform. Lenders can see the status and assign more efficiently using RecoveryConncect.
Showcase a compliance profile and company listing in front of 40+ Lenders and Forwarders that are on the MBSi VendorConnect / RISC Pro platform.
Quickly share a compliance profile direct with the Lenders on the platform or outside the MBSi platform.
Have unlimited staff 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.
And more…
Membership billing is currently on hold and will begin again the first week of June. There is NO cancellation fee. If agencies decide to cancel the RISC Pro Membership, any

CARS 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

About RISC

RISC is an organization dedicated to providing compliance oversight and training services to the collateral recovery industry and beyond. RISC advocates on behalf of all practitioners within the industry. For more information, visit www.RISCus.com or call (813) 712-7535.

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