What's our next step? What needs to be done?
3 replies (most recent on top)
First they have to fix their wasteful IT solutions department. So many systems have been down even before corona that they were screwed when it hit. Until Mitch figures out how to streamline that area, RAC will struggle. Every other department and the field have been cut for cost saving except them. If you’re in the field, you can’t get tickets answered on time, can’t imagine it’s much better at fsc.
Some real bad timing for rac on the stock market. What will customers do with the tax return $$$, pif or keep renting? My money is on return and save the money while reducing their debt. Rac is in for a bad 2nd qtr. Dont forget about high delinquency due to Corona virus fears
Maybe Vintage will come and save the day again with another "fake" buyout.