NAF Association president raises more than $21K for Repo Alliance
You can say Joel Kennedy literally was running for the repossession industry.
Earlier this month, the current president of the National Automotive Finance Association completed what’s known as the 4x4x48 Challenge to benefit the Repo Alliance, a federal lobbying initiative.
Kennedy ran four miles, every four hours, during a 48-hour period beginning on March 5. In the process, he raised $21,156 for Repo Alliance, which the American Recovery Association started a year ago as a fundraising organization to boost lobbying and other industry promotion efforts.
The Repo Alliance is the combination of ARA along with the California Association of Licensed Repossessors (CALR), Texas Accredited Repossession Professionals (Texas ARP) and Harding Brooks Insurance.
The alliance spelled out a trio of goals, including:
• Change the negative, reputational image of the recovery industry
• Educate legislatures of the vital role repossession agents play
• Fight against language in bills or guidance from regulators and lawmakers that could decimate the recovery industry
After tallying up Kennedy’s fundraising efforts, the NAF Association said in an industry message, "Together, we are one step closer to keeping our seat at the table and making a change in our industry."
For more information on Repo Alliance visit or to donate, visit RepoAlliance.com.