NORTH RICHLAND HILLS, Texas — VeriFacts Inc., a leading provider of skip trace solutions, and Triad Financial recently announced their partnership to offer a one-stop shop of services.

In combination with VeriFacts POEExtreme package, the new menu includes:

—Debtor and asset location

—Collections

—Bankruptcy management

—Insurance management

—Impound management

—Repossession and remarketing management

—Deficiency balance collections

—Ancillary product refunds

—Account litigation

"Over the past year, our clients have requested a variety of related services beyond skip tracing. They asked, and we listened," explained Jodi Matteson, senior vice president at VeriFacts.

"I'm excited to partner with Triad, a trusted name in the industry, so clients can now enjoy a full menu of expert auto loan servicing. Each service will help reduce overhead expenses and maximize recoveries for lenders, collection agencies and investors who buy consumer vehicle loans," she added.

Scott France, Triad's senior vice president of portfolio management, noted, "Our partnership with VeriFacts is a natural fit. We each have a 20-year track record of positive performance and we both offer nonprime expertise. Together we provide a complete solution, eliminating the expense of managing multiple vendors."

Stephen Smith, Triad's director of portfolio servicing, went on to say, "VeriFacts high-quality skip-tracing data will give Triad a head-start in collections, repossession and remarketing. Accurate information means we find more cars, find them faster, sell more cars and make more money for the clients' bottom line."