Credit Union Recovery Platform

The Ancillary Recovery and Vehicle Remarketing Platform Built for Credit Unions, By Someone Who Knows the Dealer Side.

CURecoverIQ helps credit unions recover unearned refunds on cancelled F&I products and sell repossessed vehicles directly to dealers, above auction net. One-time setup fee. After that, you only pay when we produce results. No monthly retainer.

Call Benny: (727) 266-1217 Contact for Live Demo

The Problem

Credit Unions Are Losing Money on Every Repossession

When a loan ends early, whether through repossession, total loss, or charge-off, unearned refunds on ancillary products often go unclaimed. And when vehicles go to auction, fees eat into what the credit union actually receives.

$2,400

Avg Unclaimed Per Repossessed Loan

GAP waivers, vehicle service contracts, tire and wheel, maintenance plans, and key replacement all carry unearned premiums when a loan ends early. Most credit unions never recover them. Regulators are paying attention.

$11,600

Lost to Auction Fees Every Month

Auction gross looks good on paper. But after transport, auction fees, and holding costs, the net to the credit union is thousands less. There is a better way to move repossessed vehicles and keep more of the proceeds.

Three Service Lines. One Platform.

Everything Your Credit Union Needs After a Loan Ends

CURecoverIQ addresses both sides of the problem: recovering the money you are owed and maximizing what you receive when you sell a repossessed vehicle.

Ancillary Product Recovery

We identify, submit, and track unearned refunds on every cancelled F&I product so your team does not have to.

GAP waiver cancellations submitted automatically
Vehicle service contract refunds tracked per administrator
Tire and wheel, maintenance, and key replacement included
Credit life and disability on direct loans
Refunds applied to deficiency balances before collections
CFPB and NY DFS compliance documentation included
Works on both direct and indirect loan originations

Vehicle Remarketing

We connect your repossessed inventory directly to a network of licensed dealers who compete to buy, so you keep more of every sale.

Photos, VIN, mileage, and condition uploaded per vehicle
Listed to a network of verified local dealers
Dealers place competitive bids through the platform
Manheim Market Report data anchors every negotiation
You accept, counter, or decline any offer
ACH payment from dealer before vehicle is released
Dealer pickup at no charge or delivery within 25 miles for $199

Contact for Live Demo

Power Booking

We inspect repossessed and in-inventory vehicles to verify the equipment, trim, and options the dealer submitted at origination actually match what is on the vehicle.

Physical inspection of repossessed or inventory vehicle against original deal jacket
Verification of trim level, factory options, and equipment stated at loan origination
Identification of any discrepancies between what was financed and what exists on the vehicle
Written findings report delivered to credit union with documented evidence
Credit union may pursue dealer for discrepancy amount plus interest
Dealer fee collected by credit union and passed through to CURecoverIQ

How It Works

Simple for Your Team. Powerful for Your Bottom Line.

CURecoverIQ does the heavy lifting. Your team sends us the files and we handle the rest.

Send Us Your Files

Share your repossession, total loss, charge-off, or early payoff files. We identify every ancillary product and every vehicle eligible for remarketing.

We Work the Files

We submit cancellation requests to every administrator, track every refund, list every vehicle to our dealer network, and manage all offers and negotiations on your behalf.

You Receive the Money

Recovered refunds are applied to deficiency balances. Vehicle sale proceeds are deposited via ACH. You receive compliance documentation for every transaction.

The Numbers

What CURecoverIQ Delivers

Based on a credit union with 40 loans per month and 20 repossessed vehicles per month across the platform.

$2,400

Average recovered per loan in ancillary refunds

+$2,450

Average vehicle sale above auction net per unit

4.2

Average days to sell a vehicle vs. 28 days at auction

One-time setup fee.

No monthly fees after that.

About the Founder

Benny McCray III

Benny McCray III brings 25 years of experience across automotive finance, indirect lending, dealer development, and credit union partnerships. He has spent his career on both sides of the transaction, understanding exactly how dealers structure F&I products and exactly how credit unions service the loans that result from them.

That combination is rare. Most people understand one side. Benny understands the full chain, from the dealer F&I desk to the credit union back office, from the repossession order to the auction lane. CURecoverIQ was built from that experience.

His background includes 14 years at CRIF Select as National Business Development Manager, where he influenced more than $200 million in monthly indirect auto loan originations across 24 states. Before that, he served as Finance Director and Corporate Used Car Director at AutoNation, the third largest automotive dealer group in the United States, overseeing 12 stores across Central Florida.

Benny also provides indirect lending startup consulting for credit unions looking to launch or restructure their indirect lending programs. If your institution needs that guidance, it is available.

CRIF SelectNational Business Development Manager, 14 Years

AutoNationFinance Director and Corporate Used Car Director, 12 Central Florida Stores

$200M+Monthly Indirect Loan Origination Influence

Ready to Recover What Your Credit Union Is Owed?

No forms. No scheduled calls. No pitch decks. Call Benny directly and have a real conversation about what CURecoverIQ can do for your institution.

(727) 266-1217

Benny McCray III, Founder and National Recovery Consultant

7901 4th St N, St. Petersburg, FL, 33702. Serving credit unions nationwide.