NCO Financial Systems, Inc

NCO financial has been heavily fined for their illegal debt collection practices. Read this thread below and get some helpful tips on how to deal with them.

http://forums.debtcc.com/forums/ncogroup.html

You can search for the company at the BBB website and locate the one you are looking for.

Any collection agency is allowed to contact a third party only to locate you for once or if requested by them. But in any case, your debt account should not be discussed with them. You must take legal counsel if the company is openly discussing your accounts with third parties.

NCO Finacial Systems
PO Box 41457
Philadelphia, Pa. 19101-1457

I was trying to find information about my balance online and I came across your question. I have an invoice from them with the following information. I hope this helps you. It seems the contact # is only for the person who assisted me with my account.

NCO FINANCIAL SYSTEMS
PO BOX 41457
PHILADELPHIA, PA 19101-1457

The Contact number I have is 1-800-975-2239
The invoice I have also states that they were formerly GREAT LAKES COLLECTION BUREAU INC

Good Luck!!

I refinanced my peoperty. I have a check for a large amount. I am suppose to send it to NCO Fiancial Systems. I don't have a statement or an account number or address. Can you haelp locate these items for me?

Gayle,

The best thing to do would be to call NCO financial and they should be able to pull up your account info and give you your account # and address to send the check.

I'd do quite a lot of research first. NCO are amongst the number one extortionists in America. If you call them up, ask them exactly why they were given one of the largest fines in Pennsylvania history to a debt collector by the Penn. Attorney General, and why they recently had to close their office in Houston, Texas. You might not even be legally obligated to pay this alleged debt. NCO purchases very old debts for sometimes a penny on the dollar, and they try to extort the face value from you. Check the statute of limitations for your state.

I received 2 letters from NCO about 2 credit card accounts that I have with Capital One. I was working with Roll Law/US Consumer Advocate because I was trying to avoid bankruptcy. Should I try to contact NCO? I think that I may have been kicked out of the program with Roll though, because 2 of my payments bounced.

Hi kbraveboy

You must first make it clear that NCO has been assigned to collect the debt from you. NCO is required to send you the details of the debt in writing before requesting any payment. If you have not got anything in the mail, send a debt validation letter through certified mail with return receipt requested. Do not send any money until your debt is validated by the collection agency.

Do you have some sort of template for the debt validation letter for me to go by?

Here is a letter that you can tailor according to your needs.

Quote:

NCO is claiming $1059.26 for a Citibank bill they claim I owe. It must be very old as I don't remember what happened. What is the stat of limitation in CA, why wasn't this shown as outstanding and paid off with my 3 re-fi's? They offered a settlement - $423.70 - I'd appreciate your efforts. Sincerely, Bonnie West

The Statutes of Limitations in California expire after 4 years on written agreements and after 2 years on oral contracts. Make sure that you last paid on this account before the stated period in case you are considering the SOL factor.

If your debt is past the statutes, you can send a letter to NCO notifying the expiry. Send your letter through certified mail with return receipt requested. After the company has received your letter, they must stop all collection attempts.

Do not make a payment unless you are interested in paying it off and improve your file. The debt will come within the statutes upon a single payment and if you default, the company will enforce all sorts of actions for recovering the amount.

Does anyone here know how the SOL works? I'm curious because I have changed my state of residence several times over the last few years. The account I have in question first was opened in the state of michigan, then I moved to New York for awhile, and now I live in the state of California. I have almost been here for 2 years now. Which state's SOL laws do I use?

Hi BB79

You will consider the SOL of Michigan only and know the date of last payment activity in your account. The statutes in Michigan expire after 6 years from the date you last paid on this account.

If the debt is past the statutes, you will be under no legal obligation to pay it. You have to notify the credit company in writing and cover your basis.

My husband got a call from some one at NCO yesterday asking for him specifically. When he said he was him, they asked him for his birthdate. He told them that he doesn't give out any personal information until he knows what the call is about. The guy kept saying it was a personal business matter and asking for his birthdate. My husband again told him NO. Then he told the guy to put the information in writing. The guy at NCO hung up on him. Is this some of their illegal practices asking folks to give their personal information before they discuss what they are calling about?

They way to get them to stop calling you at work it to asked them to stop. They are not allowed to contact you at inconvient times, however you also can't choose this method to hide from being a responsible adult. It is easier to work out a solution rather than have them trying to find you by other and possibly more embarassing means.

They are not allowed to divuldge any personal information to a 3rd party. If someone who answeres the phone asked what company and if it is a collections agency they can either say yes or just tell the person that it is personal and request that they take a msg.

They were calling for my husband who answered the phone. We are not hiding from anyone as we have no idea what they would be calling about. We don't have any outstanding debt that we know of. So I think the "being a responsible adult" comment was a little premature.

i have nco calling me at work and harrassing me like crazy. i'm going to go nuts! i have an amex bill for 1,000 some dollars with them because you know how they put fees on things. i recently filed with care one credit and the person i was talking to, transferred me to this jerk, and after he tried to reem me a new a**hole, i hung up. they're still calling my job. i could get fired over this sh**. please help!

i forgot to add another thing, when i asked for them to stop calling me at work, they still call. i'm in such a tight bind and i'm trying to get my life straightened out. why do they have to pick on the poor guy?

April send them a debt validation letter along with a cease and desist from contacting you at work or home. All correspondence should be done in writing. Keep records of who calls,when dates,etc. If they continue to contact you at work after you have told them you can't receive calls,they can be in big trouble. Please feel free to sign up for the forums,it's free and you can recieve free counseling(credit). Also check out other postings here,you will recieve alot of your answers from other who have gone through the same thing. It' funny,as rotten as NCO has been to others,they were the ONLY one who would accept payment,and were half way decent with me. Of course they wanted they full amount,but I told them I'll pay xx dollars a month,I want to pay this off and get this resolved. Wish some of my other creditors would be as helpfull--Good Luck-keep us posted :) ...Karen

NCO FINANCIAL SYSTEMS ,INC CALL MY HOUSE TODAY from computer with a machine to tell us to call them with a telephone 18668896745.
bank america make illegal overdrafts with my husband
in his checking account(he paid everything) and send only notice of overdrafts.i have all the papers here.i dont find any notice of overdraft of 25,63.
NCO FINANCIAL SYSTEMS,INC SEND A LETTER and BANK AMERICA SEND FOR THE FIRST TIME after many overdrafts
a statement of 9-07-06 throught 10-05-06 yesterday with a letter of NCO FINANCIAL SYSTEMS.I TOLD MY HUSBAND TO CLOSE BANK AMERICA CHECKING ACCOUNT because they send many overdrafts and fees and no proof of overdrafts WITH NO CHEKING ACCOUNT STATEMENTS.
accOunt number show that we paid $ 71.53(another overdraft illegal) and balance is 0.bank america charge a 5 dollar fee for a cheking account every month.IN THIS LAST STATEment and only cheking account
statement they send to us ...bank america statement is:"because your mYacesS CHECKING haS CloseD,YOU WILL NO LONGEr receiveD A combiNED stateMENT????~~NCO FINANciaL SYSTEMS WANTS 83,69 NOT 25.63 BECAUSE THEY WANT A FEE OF cost of collections of$58.06.i think
i have a COMBINATION HERE OF BANK AMERICA and NCO together that really annoy me.these people dont care who you are.these people dont care if they abused anyone.again like ltd 77074,nfs(NCO SISTER) and The BIG NCO FINANCIAL SYSTEMS INC.QUEEN OF FRAUDS AND ITIBANK ,BANK AMERICA AND DISCOVER CARD TOO..ABUSING A BLIND MENTALLY ILL WITH A SOCIAL SECURITY DISABILITY CHECK OF 600,00 A MONTH.
MONEY ILLEGAL FOR peanuts.PEanuts=25,63 and these peanuts my husband and me didnt buy.sorry NCO COST of collection is 58,06+ 25,63 =83.69.=0000000000 IS
WHAT BIG THIVES DESERVED.OOOOOOOOOOOOOOOOOOOOOOOOOOOFOR THIEVES.

They rarely try to colledt the "face value" they will generally inflate it, and offer it at a reduced cost, or they will act like they are going to sue you to get a "out of court settlement"
yeah, enough said...

yesterday I received a check from NCO Financial System Inc. invoice # a recent date description which is an account # which i don't know. i can't remembre paying anything to these people. has anyone been in the same situation. i call an 800 number which i found from previous posting on this page but got a voice mail. if anyone has any additional info that might be of good help to me please post it here thank you. from the posting here is realize that NCO might not be in good standings with the public. i just want to make sure that this check is not a scam or anything like that.

you got a check :shock: was it for a refund or what?

I wonder if there might be some way to gain access to your bank account upon presenting the check for payment. Also you may want to carefully review any documentation that came with the check.

What are the statue of limitation for Chicago,IL?

Breach of contract for sale under the UCC: 4 years.

Open account or unwritten contract: 5 years. NOTE: Except, as provided in 810 ILCS 5/2- 725 (UCC), actions based on a written contract must be filed within 10 years, but if a payment or new written promise to pay is in made during the 10 year period, then the action may be commenced within 10 years after the date of the payment or promise to pay.

Domestic judgments: 20 years, but can be renewed during that 20-year period.

Foreign judgments are the same time as allowed by the laws of the foreign jurisdiction.

Tolling: A person's absence from the state or during the time that an action is stayed by injunction, court order or by statutory prohibition tolls the time limit.

Non Sufficient Funds (NSF or Payment of Negotiable Instruments) checks: 3 years of the dishonor of the draft or 10 years after the date of the draft, whichever expired first: 810 ILCS 5/3-118

I've worked with NCO formerly OSI for the past few months and just took a job in another city. Over the summer, the secretaries at my new job didn't get our information correct and we had to wait for our checks to come through. I was heavily budgeted for the summer. NCO repeatedly tried to take money out of my checking account at Bank of America -- even though I told them what was going on. Bank of America charged me 6 times (at 35.00 each) and they ran the money I owed the bank up $210.00 PLUS the $50.00 they got out of the bank! I'm tired of them doing this to me and no matter if I tell Bank of America to stop giving them money, they continue to do this! I have gone through this monthly disaster four months in a row now and never got any money back! Bank of America tells me that they can't stop it and I will have to file with their accounts department to reverse the charges each time! HELP!!!!

This is why it is such a bad idea to set up automatic payments with any CA...they don't care what hardship you are going through, they will just merrily take money from your account and if it bounces they will just try again and again. You need to send them a letter revoking their right to draft your account, and send it by certified mail, return receipt. Unfortunately, since they had prior permission there isn't much you can do at this point. You will have to continue to do what BoA tells you, until NCO gets that certified letter. Once they get that letter any debit done to your account is then done without authorization and is akin to theft....show the letter to your bank manager, explain the situation and they should either block NCO or reverse the charges.

I am very sorry this has happened to you...I know how it is, a PDL company did this to me before I learned my rights and put me in the hole with my bank by a $1000!! I had to go on a 'take charge' plan with my bank to pay it back.

Hi, I got this bill from NCO Financial stating that I owe T&T $488 for a phone that i requested in San Antonio Texas in 2006. I was never in Texas because I live on an island. How do i go clearing my name because I dont know anything about this bill. Now my credits are not so good because of this bill which I know nothing about it.

If you never lived in Texas, look into Identity Theft. Put a Fraud Watch on your credit reports. Send NCO a Debt Validation letter asking them to verify the info about this alleged debt.

have some fun with these clowns.

(phone rings)

you: hello?

them: hello, is this so-and-so?

you: (no matter who they ask for) yes.

them: oh, hi, are the last four digits of your social security number 1234?

you: no so fast, let's be secure.

them: sure, we respect privacy here.

you: don't read them off again. do this instead.

them: huh?

you: add the digits up.

them: huh?

you: sure, like if they are 1234, 1 and 2 is 3, 3 and 3 is 6, 6 and 4 is ten.

them: er, ok

you: so, ten, write it down. that's 1 and 0. Add those up. Now you have 1.

them: er, ok.

you: you do that, tell me the number you get. that way, we're secure.

them: hey, we just want to verify.

you: no problem, but this way I know it is not identity theft.

them: no.

you: ok, add them up, add again, give me the number.

them: well, ok, I got 4.

you: 4?

them: yes, 4.

you: well, sorry, you don't want me, wrong answer.

them: are you sure?

you: yes, I can add.

(click)

the secret: waste their time without refusing to do anything. all calls are timed.

as a former collector, id a hung up on you in 30 seconds. any collector who doesnt hang up on someone who is pulling this deserves to have their time wasted.

Yup...I agree.

The only reason to contact them would be to send a certified letter demanding that they not contact you!

The number I have is 18002343550