Site Network: Home | Prosper.com | P2P Wiki | Offical Blog

Prosper has started using a new collection agency called AmSher. Many people who follow Prosper view this as a challenge to the weak performace that Penncro has had in collections of late and defaulted loans. I think this is great news and will certainly be a step towards improving the performance of collecting loans that go late.

AmSher is privately held company and is licensed in all fifty states. They have been around since 1939 in a few variations until 1986 when they started in collections.

Many of you might have seen the email announcement from Prosper. While AmSher charges a slightly higher fee for collections, my advice is to change your settings and give them a chance, at the very least to signal to FirstSource and Penncro that there is alot of dissatisfaction with their performance.

You can change this setting in the Account tab > Lending tab > on the bottom right.

1 comments:

At January 28, 2008 at 9:59 PM Cary Wadell said...

In the pressing times a businessman needs instant and adequate funds to assist his business. You may find yourself anytime in need of huge working capital either to provide stability to your drowning business or to set up a new venture. Here comes your partner fast business loans. This loan is fabricated to meet all of your financial requirements.To find loans for self employed, personal loans for the self employed, adverse credit self employed tenant loans, unsecured loans for self employed visit http://www.loanforselfemployed.co.uk

 

Post a Comment