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Author Topic: New Collection Agency - Amshare  (Read 92757 times)

Fred93

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New Collection Agency - Amshare
« on: January 24, 2008, 02:50:32 pm »
Prosper has added a 3rd collection agency: Amshare.

I don't know anything about them, but I have changed my preference to the new agency.  Same reason I have given in the past.  If we don't send some work their way, we'll never learn about them.  Because of the nature of the voting mechanism that determines the agency, a lot of people need to change their preference to get a few loans headed their way 5 to 6 months from now.
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yankeefan

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Re: New Collection Agency - Amshare
« Reply #1 on: January 24, 2008, 02:58:24 pm »
I'm in.
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BrassKnuckles

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Re: New Collection Agency - Amshare
« Reply #2 on: January 24, 2008, 03:26:15 pm »
+1
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Xenon481

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Re: New Collection Agency - Amshare
« Reply #3 on: January 24, 2008, 03:41:41 pm »
I'll change my setting, but it won't really make much of a difference since I'm not bidding anymore anyways.
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Mtnchick

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Re: New Collection Agency - Amshare
« Reply #4 on: January 24, 2008, 03:58:20 pm »
I thought it didn't really matter who you chose since there's more than one lender on the loan and P-----r USED to say they went with whomever was most popular, but of course, then it became just Penncro, then they picked which ones went to the "new" agency a few months ago.

Do we really have a choice on this?
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gelt4u

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Re: New Collection Agency - Amshare
« Reply #5 on: January 24, 2008, 05:37:00 pm »
I'm in.
« Last Edit: January 25, 2008, 01:14:16 am by gelt4u »
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HollowOak

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Re: New Collection Agency - Amshare
« Reply #6 on: January 24, 2008, 06:43:42 pm »
Quote from: Mtnchick on January 24, 2008, 03:58:20 pm
I thought it didn't really matter who you chose since there's more than one lender on the loan and P-----r USED to say they went with whomever was most popular, but of course, then it became just Penncro, then they picked which ones went to the "new" agency a few months ago.

Do we really have a choice on this?

Which is why if a lot of lenders change to the new agency, they might get a few loans.
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Navy-slush-fund

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Re: New Collection Agency - Amshare
« Reply #7 on: January 24, 2008, 07:03:29 pm »
I have switched....
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AtlGaFamily

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Re: New Collection Agency - Amshare
« Reply #8 on: January 24, 2008, 07:43:35 pm »
I thought that if Prosper sends a loan to a collection agency, it goes to the agency of the lender with the most $$$ on the loan, or as a back up, maybe in case of a tie, I guess it would go to the agency of the group of lenders with the most $$$ on the loan.

Anyway, I'll switch.

                         AtlGaFamily
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jmathree

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Re: New Collection Agency - Amshare
« Reply #9 on: January 24, 2008, 08:26:41 pm »
Switched.
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Due to Prosper's change in policy to allow links to 3rd party discussion forums in user profiles noted in this thread, I have updated  my profile to help Prosper members find discussion forums, blogs, and stats and analysis sites to help them succeed on Prosper.com.

gassman0102

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Re: New Collection Agency - Amshare
« Reply #10 on: January 24, 2008, 08:57:18 pm »
I'm in.
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Fred93

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Re: New Collection Agency - Amshare
« Reply #11 on: January 24, 2008, 09:10:37 pm »
Quote from: AtlGaFamily on January 24, 2008, 07:43:35 pm
I thought that if Prosper sends a loan to a collection agency, it goes to the agency of the lender with the most $$$ on the loan...

Some of prosper's explanations are poorly worded, so it is easy to understand your impression. 

They add up lender's votes, weighted by $ in the loan, and the agency with the most $ voting for it wins the loan.
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jazzpianist

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Re: New Collection Agency - Amshare
« Reply #12 on: January 25, 2008, 02:28:03 am »
I'm in.
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Mtnchick

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Re: New Collection Agency - Amshare
« Reply #13 on: January 25, 2008, 06:01:23 am »
OK, I'll switch. And move some more money out ;)

ETA - I'm showing AmSher, not Amshare. I'm sure it's the same company but has anyone done any looking into this company?
« Last Edit: January 25, 2008, 06:05:02 am by Mtnchick »
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"Once again, we note that your threats are hollow and you come across like a sad, lonely blowhard.

I doubt anyone here gives a shit about you.  We pretty much all know that you are a vile and unethical parasite of a human being with an abnormal craving for attention."

zcommodore

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Re: New Collection Agency - Amshare
« Reply #14 on: January 25, 2008, 08:35:38 am »
I've switched.  Keep in mind anyone who happens to use standing orders that you need to edit each standing order to use the new selection as well.  Just changing your preference on the lending page only works for manual bids.  Standing orders have their own selection that defaults to whatever you had selected when you created the order and does not change unless you manually edit the standing order.  This goes for people who use the portfolio plans as well I would imagine.
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