Thursday, February 23, 2012

Press Release - American Pegasus SPC


First Associates Loan Servicing 
selected to service American Pegasus SPC

Trustee Deloitte sought agent to improve customer interaction, lower delinquency rates of auto loan program
FOR IMMEDIATE RELEASE

PRLog (Press Release) - Feb 16, 2012 -
First Associates Loan Servicing, one of the country’s fastest growing consumer loan servicers, will service loans for American Pegasus SPC.

Trustee Deloitte selected the company to improve customer service and performance of this historically challenging auto loan portfolio.

“We required an expedited transition to a recognized loan servicing agent to provide a high level of client service to our customers following the closure of the previous loan servicer” said Michael Pearson of American Pegasus SPC. “We had difficult data from the previous servicer and First Associates worked with us to ensure a smooth transition. First Associates onboarded the portfolio very quickly and have collected significant sums in a short period of time.”