Professional Recovery System

Is this a collection agency for a payday loan? Anyone know?

bflow, It is a collection agency. I checked the BBB and it is listed as a member. There are a couple, the one I looked at was out of Denver. There was one out of San Jose too. It has a satisfactory record with them.

Yeah it is a collection agency. I have received a notice from them also. I am waiting for a validation on this debt.

I am glad to hear that they have a satisfactory rating as this will make working with them much easier.

ladybug

Bflow, may want to take a page out of your book Ladybug and do a debt validation letter as well.

BFLOW! Where have you been???? Who turned you over to this collection agency?

blow, here is the HQ address for them. Also note what is stated on the BBB site below their information:

Professional Recovery Systems, LLC
600 17th Street
Suite #2600
Denver, CO 80202
Telephone: (303) 575-6900
Fax: (303) 575-6700
professionalrecoverysystems.justgoodbusiness.biz

This company is located outside the service area of this BBB. Please contact the BBB below for information regarding this company.

Denver/Boulder BBB
P.O. Box 48179
Denver, CO 80204

Telephone: (303) 758-2100
Fax: (303) 758-8321
Email Address: info(at)denverbbb.org
Website: www.denver.bbb.org

Also found this:

Professional Recovery Systems, LLC
600 17th Street, Suite 2600 - South Tower
Denver, CO 80202
Phone: 877-596-2633
Fax: 303-575-9597
Contact: Craig Manseth, President
E-mail: cmanseth(at)prsllc.com
Web Site: prsassets.com
CATEGORY: DEBT BUYERS

PROFESSIONAL RECOVERY SYSTEMS LLC IS A NATIONAL BUYER AND SELLER OF CHARGED OFF RECEIVABLES INCLUDING CREDIT CARD,AUTO,RETAIL,CHAPTER 13
AND CONSUMER LOANS. WE HAVE OVER 20 YEARS COMBINED EXPERIENCE IN SALES AND AQUISITIONS AND WE WELCOME YOUR CALL.
Account Preferences:
All Issuers
Account Age:
2nd Placement
Fresh
Primes
Seconds
Thirds
Warehouse
Chapter 13's
Past Statute
Preferred States/Regions:
National

I have no idea who turned me over. I got to work this morning and had a voicemail on my line from these people. I don't even know who it is from.

Looks like the "scummy" type who buy old debts and then attempt to collect on them.

OK, so, on Tuesday I got a letter from this (PRS)collection company and it does not state what PDL it is from but it does have "Processing Solutions, LLC PayDay Loan". Well, that isn't the name of any of my PDL's! Anyone know which company it is?

Here's what the BBB has. Never heard of them. Let me do a search.

PROCESSING SOLUTIONS
700 W Pete Rose Way
Cincinnati, OH 45203-1892
Local Phone Number: (513)766-0629

Membership Status: This company is not a member
TOB Classification: Loans

Customer Experience

The BBB has sent two requests for basic information to this company but, as of today, has received no reply. Based on BBB files, this company has an unsatisfactory record with the BBB due to an unanswered complaint or complaints.

bflow, nothing. I'm going to assume this is just a "processing center" for payments. You need to contact the scummy collection agency and ask them to validate the debt. They have to disclose who the "original creditor" is. Do a debt validation now. I'm ticked off here.

I typed it up last night and am working on a cease and desist (I need to keep them from calling my workplace).

If it's a collection agency (and it is), they should (notice the word should) abide by your request. I'm dying to have them validate this debt for you. I'm praying it's a nice ILLEGAL pdl they have "bought" and are trying to collect on.

You know, I only had three that were "nasty" and refused to settle and they were:

$500 fast cash
National Payday
Loanpoint

If I am correct, and I think I am (but I could be wrong), geneva roth is loanpoint. Hang on..........