Complaint Review: NCO Finanical Systems - Philadephia Pennsylvania

Instead of wasting your time with NCO Financial, write to the 3 bureaus, including a copy of your receipts, and copies of the letters sent to NCO and the original creditors asking for the entry to be updated to show as Paid/Settled. State in your letters to the bureaus that since they are illegally reporting this entry since the date you paid, you request that the entire entry be deleted from your reports. If this is not done in a timely manner, which means they will have to contact the original creditor and the collection agency, you may receive a letter they are investigating the dispute in the time frame of 30 days, allotting the bureaus more time. At 30 days, I would send a "friendly" reminder that you will allow another 30 days for an updated copy of your reports minus the entry in dispute. If they do not, then you will have no other choice but to file a complaint against all parties involved, including the agencies, and collect for monetary damages. Hit them where it hurts, the pocketbook. The agencies have been sued and fined before, so they will not be willing to have to pay for one of their suscribers faults. Good luck and keep us posted

Instead of wasting your time with NCO Financial, write to the 3 bureaus, including a copy of your receipts, and copies of the letters sent to NCO and the original creditors asking for the entry to be updated to show as Paid/Settled. State in your letters to the bureaus that since they are illegally reporting this entry since the date you paid, you request that the entire entry be deleted from your reports. If this is not done in a timely manner, which means they will have to contact the original creditor and the collection agency, you may receive a letter they are investigating the dispute in the time frame of 30 days, allotting the bureaus more time. At 30 days, I would send a "friendly" reminder that you will allow another 30 days for an updated copy of your reports minus the entry in dispute. If they do not, then you will have no other choice but to file a complaint against all parties involved, including the agencies, and collect for monetary damages. Hit them where it hurts, the pocketbook. The agencies have been sued and fined before, so they will not be willing to have to pay for one of their suscribers faults. Good luck and keep us posted

Instead of wasting your time with NCO Financial, write to the 3 bureaus, including a copy of your receipts, and copies of the letters sent to NCO and the original creditors asking for the entry to be updated to show as Paid/Settled. State in your letters to the bureaus that since they are illegally reporting this entry since the date you paid, you request that the entire entry be deleted from your reports. If this is not done in a timely manner, which means they will have to contact the original creditor and the collection agency, you may receive a letter they are investigating the dispute in the time frame of 30 days, allotting the bureaus more time. At 30 days, I would send a "friendly" reminder that you will allow another 30 days for an updated copy of your reports minus the entry in dispute. If they do not, then you will have no other choice but to file a complaint against all parties involved, including the agencies, and collect for monetary damages. Hit them where it hurts, the pocketbook. The agencies have been sued and fined before, so they will not be willing to have to pay for one of their suscribers faults. Good luck and keep us posted

Instead of wasting your time with NCO Financial, write to the 3 bureaus, including a copy of your receipts, and copies of the letters sent to NCO and the original creditors asking for the entry to be updated to show as Paid/Settled. State in your letters to the bureaus that since they are illegally reporting this entry since the date you paid, you request that the entire entry be deleted from your reports. If this is not done in a timely manner, which means they will have to contact the original creditor and the collection agency, you may receive a letter they are investigating the dispute in the time frame of 30 days, allotting the bureaus more time. At 30 days, I would send a "friendly" reminder that you will allow another 30 days for an updated copy of your reports minus the entry in dispute. If they do not, then you will have no other choice but to file a complaint against all parties involved, including the agencies, and collect for monetary damages. Hit them where it hurts, the pocketbook. The agencies have been sued and fined before, so they will not be willing to have to pay for one of their suscribers faults. Good luck and keep us posted

NCO is just a collection agency. Unless they own your debt and are the ones that put the tradeline on your credit report in the first place they cannot update it. The original credit grantor is the one responsible for updating.

Do you have your check statements with their photo copy or money order receipt? Send it three times by certified mail to get a signature and keep the copies with the return receipt. If they will not update your credit report, a case is being built. Send a letter that you will sue them for falsly report your credit with malice. File complaint with Federal Trade Commision.