Complaint Review: NCO FINANCIAL SYSTEMS

Brian or whoever you are, you sound like one of the underpaid twits over at Triadvantage. Go lie down by your bowl.

They are a debt buyer. They purchase bad debt and hire collection agency's to collect them. The account is more than likely a credit card that you failed to pay back. The reason you guys haven't called the number given to you on the bill you recieved, is because deep down you know what bill this is and are hiding from it. If i received a bill for that much, and knew for a fact i didn't have a big debt out there somewhere, i would have called the number immediately. People need to stop lying to themselves about getting ripped off by these companies, And start paying their bills. I bet most of you actually start believing your own stories after awhile. As collectors,we understand things happen and people fall into debt, but by no means is that the fault of the company that lent the money. So lets grow up and start taking responsibility for our own actions. And to all the people that think collection agency's and the collectors that work at them are the scum of the earth...... WE WOULDN'T BE HERE IF IT WASN'T FOR YOU!!!!!

They are a debt collector. Your mother wouldn't have purchased anything directly from them. Contrary to a previous reply you received, the debt isn't necessarily a medical bill. Your mother should request verification of the debt. Normally, this is to be done within 30 days of the receipt of the notice. For a debt this size, I am sure they will provide same outside of the guideline. Note: You will not be allowed to request verification of the debt without your mother's permission.

Ruth -

NCO Financial Systems Inc. is a collection agency, the worst of the lot actually. Your mother should call NCO Financial and find out who the original creditor is if it isn't already stated in the letter she received. Has your mom been to the hospital or had any major health problems? If your mom has legitimately acquired this debt, it probably got sold to NCO to collect and that's why they are calling her. But before it goes to an attorney, they should have been calling her or sending her notices in the mail before they sought out an attorney.

If your mom hasn't been sick or racked up any major medical bills, then this probably is a fradulent claim. If that's the case, have your mom (or you can do it for her) pull her credit report from the big three: Transunion, Experian, and Equifax. See if there are any accounts opened under her name that she doesn't own. It could always be a case of identity theft.

But immediately, I would call NCO to find out who the original creditor is and if it's nobody you or your mom is aware of, pull the credit reports to rule out identify theft. If it is identity theft, then that's a whole different story and she should file a police report. If nothing unusual comes up, then fight it. The burden of proof lies with them. Write them a letter (return receipt of course) demanding proof. If they can't provide any, by law, they have to leave her alone and if they put anything on her credit reports, they have to remove it. When you write letters and return receipt, keep copies of everything.

NCO is rather notorious for picking on people, threatening them, and collecting money from people who don't owe them anything. That's they're way of making money. They figure they can scare people and they'll pay up. I'm fighting them right now so I know what your mom's going through.

Hope everything works out.