Merger with Time Finance Adjusters


The American Recovery Association and Time Finance Adjusters Create One Association

Learn More About Our Recent Unity Initiative

Merging to Create a Better Future for the Recovery Industry and the Professionals Involved

For more than 50 years, recovery associations have served as the main point of contact between agents and lenders. With the advent of the Internet and the drastic contraction of the lending community, this business model has experienced dramatic change in recent years.

In the face of these changes, many of our industry’s leaders failed to adapt, doing a disservice to the businesses they represent. To make matters worse, political fragmentation by special interest groups have further weakened our ability to serve our members.

The American Recovery Association (ARA) and Time Finance Adjusters (TFA) decided to put politics behind us, once and for all. We have come together as one cohesive organization to better serve and represent the interests of our membership. Both associations realized that now, more than ever, we need one voice, strong and united.

With this unified voice, we can communicate more effectively with legislators and regulatory agencies to protect both consumers and agents. Together, we will build the best compliance and business training systems, foster relationships with lending associations, and steer the direction of our industry towards a better future for everyone.

The Process Behind the Unity Initiative

On July 17, 2018, 50 recovery professionals from every region of the country came together to reimagine an association that could represent an entire industry. This Unity Initiative represented companies of all sizes, various recovery associations, and even several owners not affiliated with any association. These dedicated men and women committed their time and money to have two in-person meetings, and, after weeks of contributing to specialized committee calls and e-mails, they agreed on a path forward for the future of ARA.

What are Our Plans?

We will hire a new employee to focus on legislative and regulatory issues. This person will lead our relationship with the state and federal agencies that oversee our industry. They will develop strategies for communicating with these institutions, especially in terms of educating them on our value and commitment to protect the consumer.

We will also hire a qualified education professional to help us continue building the finest operational and compliance training program in the industry. They will lead our regional “university” initiative, which we hope becomes the most recognized hands-on and in-person program available anywhere.

We will strengthen our relationships with other leading trade associations across the country. This includes National Automotive Finance Association, American Financial Services Association, National Association of Federally-Insured Credit Unions, and the National Independent Automobile Dealers Association, as well as associations at the state and regional levels. As always, our goal will be to educate them on the importance of utilizing our well-trained and compliant recovery network.

We encourage you to not sit on the sidelines during this process. If you have feedback or would like to find out how you can be more involved, please send us a message at

Questions? Send us a message at the e-mail address above or visit our Frequently Asked Questions page.

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