NCO- any advice

Date: Tue, 04/15/2008 - 07:34

Submitted by Indebted
on Tue, 04/15/2008 - 07:34

Posts: 34 Credits: [Donate]

Total Replies: 13

According to: Proper negotiation boosts your credit rating in the article section:"Paid Charge-off or Paid Collection Account: This status is equivalent as showing the same debt unpaid. It is quite common for an account to be deleted once the payment is complete.The creditor now has no interest to keep the negative listing on your report. Thus in most cases it is a good idea to settle the listing status even if the creditor does not take the initiative to delete the negative listing."

This is what is on my current CR:

NCO FIN/27
Account Number: 812XXXX
Acct Type: Collection Department / Agency / Attorney
Acct Status: Closed
Monthly Payment:
Date Open: 9/1/2007
Balance:
Terms: 1 Month
High Balance:
Limit:
Past Due:
Payment Status: Paid, was a collection account, insurance claim or government claim or was terminated for default

How do I go about asking them to remove it? Or can I?

At the very least you can dispute it for being incomplete. NCO d

At the very least you can dispute it for being incomplete. NCO didn't learn their lesson last time they were sued by the FTC for reporting inaccurate or missing past due dates and were fined $1,500,000

lrhall41

Submitted by JCEMT on Tue, 04/15/2008 - 07:58

( Posts: 2934 | Credits: )

You may wish to file a complaint with the FTC for their willful

You may wish to file a complaint with the FTC for their willful disregard of their consent decree.

lrhall41

Submitted by JCEMT on Tue, 04/15/2008 - 07:59

( Posts: 2934 | Credits: )

Who does NCO collect for? THey constantly call and leave automat

Who does NCO collect for? THey constantly call and leave automated messages and when I call back they leave me on hold forever...Who has time for that?

lrhall41

Submitted by Leah on Tue, 04/15/2008 - 08:01

( Posts: 2322 | Credits: )

NCO collects on old debts and new ones. A very large agency with

NCO collects on old debts and new ones. A very large agency with collectors of dubious background. They are rated in Bud Hibbs website as Americas worst! JCMENT is correct in what he is saying!

lrhall41

Submitted by Frogpatch on Tue, 04/15/2008 - 08:16

( Posts: 5381 | Credits: )

so i should dispute it with the credit bureaus or with these tur

so i should dispute it with the credit bureaus or with these turds? it was 70 bucks to Bank of America that i refused to pay, but once it went to collection i knew i didn't want it on my credit report so i just paid- but now it says that- which doesn't help me at all!

lrhall41

Submitted by Indebted on Tue, 04/15/2008 - 09:05

( Posts: 34 | Credits: )

:? I just noticed it doesn't even have a balance. Dispute it wit

:? I just noticed it doesn't even have a balance. Dispute it with the credit reporting agencies. Also send a debt validation letter to NCO. These people must not be very smart...

lrhall41

Submitted by JCEMT on Tue, 04/15/2008 - 09:13

( Posts: 2934 | Credits: )

Since it is a p aid debt you can attempt to dispute it with the

Since it is a p aid debt you can attempt to dispute it with the CBR agencies under paid creditor agreed to remove, I think. They may not take the time to even bother validating it with the CBR agencies since it is a paid account.

lrhall41

Submitted by FYI on Tue, 04/15/2008 - 09:45

( Posts: 1950 | Credits: )

i can report it as such even though that wasn't neccessarily our

i can report it as such even though that wasn't neccessarily our real agreement?

lrhall41

Submitted by Indebted on Tue, 04/15/2008 - 10:27

( Posts: 34 | Credits: )

You can dispute anything on your credit report. The burden of pr

You can dispute anything on your credit report. The burden of proof is on the company that reported it. Like FYI said they may not even bother to reply. Then it is off!

lrhall41

Submitted by Frogpatch on Tue, 04/15/2008 - 10:33

( Posts: 5381 | Credits: )