Need to get NCO off your back?

Stop the harassment! Discover the secrets of dealing with the NCO Financial Collection Agency.

NCO was destroying my credit. I want to share with you how I got rid of them while getting my credit back on track

FACT: If NCO has purchased a debt (and they are the biggest buyers of debt out there) and has the rights to collect that debt, then they will report a collection on your credit reports which will negatively impact your score.

Who is NCO Financial?

NCO Financial Services is an aggressive third-party collection agency hired by original creditors. Often these third-party collection agencies like NCO work on a retainer basis or NCO will purchase a charged off debt altogether. NCO may have purchased a debt you allegedly owe to a credit card company, utility company, medical provider, deficiency auto loan, or other loan source. NCO Financial is known by many different corporate names such as as Nco, Nco Fin, Nco Fin/Na.

 

NCO Financial Systems Agency was a major reason for my low credit score! The bill collectors at NCO are like pit bulls - once they sink their teeth into you - they aint' letting go! I tried explaining to them that I worked out a deal with the original creditor. Despite that agreement, NCO reported a collection/charge off on my credit reports.

It was infuriating to learn that my credit score was damaged because of their stubbornness! On many occasions I tried explaining that they had no right to be ruining my credit score. I tried disputing them on my own for months but got nowhere. I was soooo frustrated. I didn’t even know that there are professional companies out there that could dispute these items on my behalf. After researching many companies I decided to hire Lexington Law because they had a proven track record and the free credit consultation I received was so helpful. They told me I had legal rights and walked me through the process.

Within a few months Lexington Law deleted the NCO collection - as well as many other negative items - and my score steadily improved.

Letter from Transunion showing the account was deleted:

 

You can get free help too! Sign up here for your free credit consultation FREE Credit Consultation

Here is the letter from Equifax showing the NCO Financial Erased from my Credit. It was a great day when I learned that the NCO Collection was deleted from my credit!

 

Altogether Lexington Law deleted other collection agencies and bad credit including duplicate credit card charge offs, and utility and medical bills sent to collection agencies.

Plus, they assisted with more than just disputes with the credit bureaus. They executed quick credit repair strategies such as debt validation, escalated information requests, credit inquiry investigation, and more. (These are things you do if the credit bureaus refused to delete the bad credit.

If you would like to remove NCO Collection Agency - or any questionable item from your credit reports, I encourage you to sign up for their free consultation. You have nothing to lose but bad credit!

Need to get NCO off your credit report too? Fill out the form below for your own free, no obligation credit consultation. Or call now: 1-888-585-3999

You can improve your score too! Click here to get started with Lexington Law, or simply fill out the form below for your own free, no obligation credit consultation.

The RIGHT and WRONG way to talk to an NCO bill collector

Dealing with aggressive bill collectors is like a high-stakes poker match. It is crucial that you maintain your 'poker face.' Being overly chatty and saying too much to a bill collector is the same as "showing your hand" in the middle of the game.

Debt collectors use the fact that most people don’t like and want to avoid confrontation. The “best” debt collectors are the aggressive ones who extract the most money from you. It’s OK – it is human nature to avoid confrontation. Thus, we tend to want to pay to “get rid of” the most annoying ones first, right!?

The wrong way to communicate is to be overly friendly and fill awkward silences with pleasing chatter. If you start getting friendly, these shark collectors will sense weakness and begin closing in on "the kill." Before you know it, you will have agreed to something totally disagreeable. Worse, you will have surrendered all your negotiating leverage!

The right way to negotiate with an NCO debt collector is to remain professional but not overly-friendly. Limit your communication to written correspondence as it is often the best way to deal with creditors. Written correspondence is uniquely more powerful than talking on the telephone.

  • A creditor who receives a formal letter does not know how friendly the author may or may not be
  • The creditor does not know if the letter was prepared by you or your attorney
  • The creditor remains guessing as to whether you will follow through with any of the formal proceedings hinted at in the letter

Learn how to make a cheap yet irresistible settlement offer

  • Step 1: Go through the debt validation. Often collection agencies cannot prove you have any legal obligation to pay a debt
  • Step 2: Determine what you are willing and able to pay. Keep in mind that a collection agency like NCO typically purchases charged off credit card debt for .07 (seven) cents on the dollar
  • Step 3: Make your offer. Make sure you include a clause that forces NCO to remove any offending collection and bad credit from your credit report. Do not appear to be in a hurry to settle the debt. Bill collectors can sense this type of urgency and use it against you. In sum, if NCO learns that you are trying to clean up your credit to close on a house in the next few weeks, an NCO bill collector will not give you any discounts!

BUT - often even if they promise to remove the collection from your credit report - THEY DON’T. Do what I did and get professional help. FREE Credit Consultation

Top 5 Most Damaging Negative Credit Items

  • Charge Offs - a charge off often results in two negative listings - one from the original creditor and any successive collection agency
  • Judgment/Public Record - a judgment can often attach to your home or personal assets
  • Collection - even a single default can lead to a string of collections on your credit history
  • Bankruptcy - a bankruptcy remains on your credit for up to 10 years (this is 3 additional years as compared to other types of delinquency)
  • Repossession - repossessions are a major headache when applying for a mortgage or car loan

Not Ready for Credit Repair Now?

If you have too much debt, then credit repair may not be the right solution for you. Debt settlement/consolidation may be a better route to help you get back on track.

Get free debt help FREE Debt Consultation

Reduce your debt by up to half including:

  • Credit card debt
  • Phone bills
  • Medical bills
  • Any unsecured debt