Why is nco financial systems calling

NCO could be calling regarding a debt owed by someone else, who previously had your phone number. I would suggest that you call NCO to ask them who the debt is for — just in case the debt is in your name. Your email address will not be published. This site uses Akismet to reduce spam. Learn how your comment data is processed. Settlement was reached in a short amount of time. Yes we are able to assist with this. Contact us now to learn more.

Our law firm understands how difficult it is for consumers who fall behind on bills, when pressured by harassment that is illegal and needs to cease.

Dealing with harassment is a positive step in the process of managing your late payments or debt. Our attorneys can discuss remedies such as debt consolidation, short sales, bankruptcy, and more, but most importantly, we can get the harassment to stop. Learn What You Can Do. Is This A Scam? They are looking for someone who is not at this number. I have told them this verbally over the phone as well as emailing them and telling them this. Please refer to the following list:. They may grant you one if you were laid off, had a medical emergency, or experienced another financial crisis that prevented you from making payments.

To ask for a goodwill deletion, write a letter to NCO Financial Systems politely explaining your situation. Let them know what specifically was going on that prevented payments and provide documentation that corroborates your claims. If they accept your reason, they will grant you a goodwill deletion. They will contact the credit bureaus and remove their entry from your credit report. It is worth noting that they will only grant you a goodwill deletion if you have paid the entire balance of the debt.

The debt collection process is far from perfect. Companies can sometimes pass along incorrect information to a debt collector, which may lead to inaccurate reporting. Section of the FCRA states that a debt collector may not report information that is outdated, inaccurate, or categorically false to a credit reporting bureau.

NCO Financial Systems may be in violation of this section if they have incorrect information regarding your debt. To determine if they are reporting inaccurate information, you will need to request debt validation through a Section letter. Once you are done, send it to NCO Financial Systems no later than 30 days after you first hear from them. They should respond to your request to validate the debt within 30 days of receiving your letter.

If they are unable to validate the debt, they must contact the major credit bureaus and remove their collections account. If NCO Financial Systems confirms that they are reporting your information accurately, your next step is to negotiate a settlement with them.

The debt collection industry is tricky. Start by offering to pay them half of the total balance in exchange for them to remove their account from your credit report. This is known as a pay-for-delete agreement.