Welcome to SC-CARS
SC-CARS is a
Since its organization in Nov. 2009, SC-CARS has worked with Senator David Thomas’s office, the Banking and Insurance Committee and the Department of Consumer Affairs in the development of legislation regulating the licensure and activities of collateral recovery specialists in
Our proposed legislation will require comprehensive background checks, professional certification, continuing education courses, proper insurance and adherence to federal and state laws that impact the collateral recovery process.
Our website is designed to provide relevant information about the
Upon the passage of our proposed legislation, SC-CARS will provide a medium where licensed
S1073 passed the Senate unanimously and was sent to the House where it was assigned to the Labor, Commerce and Industry Committee. It was stopped in the LCI committee; two of the Senators on the LCI full committee wanted to see more state law enforcement involvement and less regulation under the Dept. of Consumer Affairs. SC-CARS will work with the LCI committee members over the summer along with SC Law Enforcement Division, SLED, to determine the best way to get regulation in place through SLED rather than Dept. of Consumer Affairs. Private Investigators are also licensed through SLED so they are indeed equipped to handle such licensing. We will have a new bill ready to present to the House in January 2012. If you have suggestions or concenrs regarding the contents of the bill, feel free to contact SC-CARS at
PROCRA is a national online collateral recovery community which is used daily by the financial community, including large and small finance companies, banks and credit unions to locate licensed and insured collateral recovery specialists to recover defaulted collateral. PROCRA offers forums, industry news and a collateral recovery specialist vendor directory.
National Recovery Certification:
SC-CARS requires that every member become certified within the first year of membership.
Following is a list of nationally recognized professional certification programs. If you are aware of other nationally recognized programs please suggest that they contact us so that we may list them on our site. In searching for a certification program, be sure to ask your clients what courses they recognize. Our research indicates that off campus (in-home) study courses are the least expensive as they do not require expensive travel and lodging. For your protection our site will list only those certification courses that are accepted by the financial community.
Certified Asset Recovery Specialist
(C.A.R.S.) National Certification Program
The C.A.R.S. National Certification Program was developed by Matrix Educational Systems, Inc. Matrix is a (
The cost of the C.A.R.S. Program is $250.00, plus $12 shipping and handling and can be purchased online or by calling 866-996-7472. The course will be shipped to you by priority mail and the final exam is online for your convenience.