Kim Gay – Director, Communications 866.231.0545 ext.
1022, Mobile: 850.363.2287
Partnership brings together LEVERAGE and high-tech GPS tracking and
automated collection technology solutions
BIRMINGHAM, AL/TALLAHASSEE, FL, Jan. 6,
2017 – LEVERAGE, the service
corporation of the League of Southeastern Credit Unions & Affiliates
(LSCU), which equips credit union partners with products and services to
fulfill day-to-day needs, announced today that it has named PassTime GPS as its preferred GPS
provider. PassTime is the industry leader in high-tech GPS tracking and
automated collection technology solutions for auto financing.
This technology will provide credit unions with a greater ability
to grow more members with added protection,
improve member payment
performance, and reduce delinquency rates. It also provides the tools to increase
increasing staff. PassTime GPS technology helps ensure accounts stay current and can help create opportunities to cross-sell to a more loyal borrower.
“At LEVERAGE, part of our
mission is to offer new
strategies to credit
unions for loan growth. PassTime GPS is designed to
provide participating credit unions with a stronger competitive advantage in auto lending,” stated
President/CEO Patrick La Pine.
“The market for sub-prime lending is expanding, and PassTime
GPS will deliver resources needed for
credit unions to meet
the growing needs of this
Improving the bottom line by reducing
expenses, growing loans and increasing non-interest income, as well
as improving regulatory compliance, LEVERAGE
offers products to
increase operational efficiencies for credit
unions across all environments. Streamlining actions that
free-up valuable organizational resources allows more time to concentrate on
serving members. When credit unions support LEVERAGE, they are supporting
the credit union system. LEVERAGE brings simple solutions that pay big
PassTime, which has been in business
for nearly 25 years, offers
wireless GPS telematics products that are available for multiple sectors of the
automotive industry, including new and used auto dealers, auto finance
companies, auto leasing companies, insurance companies, and fleet
transportation providers. Some of the product features include tamper
detection, scheduled payment reminders, web based command management, tamper
detection, and text/email communication.
“We are very excited
to partner with LEVERAGE as the group’s preferred
GPS provider,” said Chris
Macheca, COO at PassTime. “LEVERAGE has built a reputation in the
industry as partnering with best-in-class vendors to offer its members access
to solutions to help their businesses. We look forward to continuing to help credit
unions increase their collections and reduce repossessions with our GPS and automated collection technology.”
information about LEVERAGE and its
products and services, contact Rhea Oaks, director, product management, at
866.231.0545 x 1146.
service corporation for the League of Southeastern Credit Unions, is the
business services provider that leverages credit union system resources,
relationships, and industry knowledge for optimal performance and sustained
growth of its clients and business partners.
credit unions with best-in-class products and services that reduce costs,
maximize results, and make the most member difference.
For more information, visit myleverage.com or follow LEVERAGE on Twitter at
www.twitter.com/MY_LEVERAGE or LinkedIn.
PassTime GPS has been in business for nearly 25 years in
the global transportation industry. Our wireless GPS telematics products are
available for multiple sectors of the automotive industry including auto
dealers, auto finance companies, auto leasing companies, insurance companies
and fleet transportation providers. Our products are available in the USA,
Canada, Europe, Latin America, Asia Pacific and the Middle East. We design,
engineer, manufacture and distribute our own products and we have more than 25
patents protecting our technology. Visit www.passtimegps.com for more information or email firstname.lastname@example.org