Vervent Responds to Inaccurate Asset-Backed Alert Article

SAN DIEGO--()--We were disappointed to see Asset Backed Alert (ABA) publish such a wholly inaccurate article with no basis in fact. The lack of credibility and integrity in their reporting was extraordinary given that ABA had been made aware that their information was incorrect and proceeded to publish the article anyway.

Vervent’s servicing business, client partners and executive team have all grown significantly over the time-period mentioned in the article. Additionally, the company has not lost any senior executives, has grown staff 47% since the start of the pandemic, and continues to thrive with ongoing acquisition of new servicing and credit card business.

We will be pursuing immediate legal action against ABA for this libelous article and their blatant attempt to smear Vervent and our partners.

Vervent has and will continue to operate with the highest levels of integrity and credibility as we provide valuable servicing solutions for our industry-leading clients.

About the Company:

As one of the pre-eminent Lending as a Service (LaaS) companies, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with primary strategic services including Loan & Lease Servicing, Credit Card Servicing, Backup Servicing/Capital Markets Support, Call Center Services, and Card Marketing & Customer Acquisition.

Vervent empowers companies to accelerate business, drive compliance, and maximize service. Contact us today to find out how we can help boost your performance at 888.486.2509 or Solutions@Vervent.com.

Contacts

Blythe Lawton
Vice President, Marketing
858.997.2794
BLawton@Vervent.com

Release Summary

Vervent responds to Inaccurate Asset-Backed Alert article.

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Contacts

Blythe Lawton
Vice President, Marketing
858.997.2794
BLawton@Vervent.com