Autovest is a private investment company acquiring distressed consumer automobile portfolios since December 2003. Autovest acquires consumer loan portfolios direct from Fortune 500 banks and automobile finance companies. The company currently holds more than $1.7 billion in charged off automobile debt.
Autovest’s disciplined collection philosophy is that of long term collectability. Autovest utilizes exclusive scoring models and cutting edge skip tracing tools to successfully analyze the cost effectiveness of pursuing individual accounts through litigation. This is essential in the success of collecting on automobile deficiency portfolios and has been reflected in Autovest’s continuous growth.
Autovest has established a strong network of relationships throughout the debt buying industry. This includes relations with debt sellers, attorney firms, and collection agency centers. Autovest utilizes a state of the art operating facility, allowing for centralized decision making and enhancing the automation of operations.
Autovest does not provide any language access services. You will find a translation and description of commonly-used debt collection terms that is available in multiple languages on the Department’s website,www.nyc.gov/dca