History of TFA, Leaders in the Repossession Industry

The origins of TFA, now leaders in the repossession industry, can be traced to the early 1950s, but the organization really began to take the form we know now in 1971. That year, Harvey C. Altes took on the responsibility to create an industry association that would represent the best, most professional and forward-thinking recovery agents in the business.

Under his guidance, the TFA Guide has provided contact information for the best agents to financial institutions across the nation. Since 1971, the directory has grown into a valuable resource for lenders and an unmatched marketing tool for TFA members. The most recent directory is delivered in hard-bound and paperback versions and is also available in searchable form through the TFA's online directory.

Since the beginning, TFA has also been committed to education and professional development. Each year, TFA members meet for training and information sessions featuring the most knowledgeable experts with extensive backgrounds in financial, legal and asset recovery issues. Also, with an advisory board of ten members, including experts in repossession law, skip tracing, risk abatement, and asset recovery, TFA members have access to the best advice and resources in the industry.

From a small organization, TFA has grown to represent more than 250 of the best, most qualified recovery professionals in the nation. Our confidence in their professionalism is reflected in the $5,000,000 bond protecting members and their clients.

The future of TFA is just as bright. Harvey, now in his eighties, still comes to work every day and continues to offer his vision and expert advice. The organization also welcomes new, motivated professionals who understand the importance of delivering quality service while maintaining the highest standards in the industry. More professional development and training resources are in the works, as are efforts to tailor specialized services to the Credit Union and Buy Here Pay Here segments.

Meanwhile, TFA has the same goals that Harvey Altes and his colleagues envisioned in the beginning. Time Finance Adjusters is a family, committed to its members. Those members in turn, are determined to deliver the highest quality and most effective service to their clients.

Join TFA today, or search our online directory for a professional in your area.