Is NCO Financial Systems Contacting You?
Are you currently being contacted by NCO Financial Systems, a.k.a. “NCO”? If so, Tayne Law Group is the type of help you’re seeking. Please read below to learn more about what our experienced and dedicated attorneys can do for you to help deal with collection agencies.
Who is NCO Financial Systems?
NCO Financial Systems, Inc., a.k.a. “NCO,” provides debt collection and account receivable services for numerous creditors and debt-buyers. However, they seem to focus on accounts due to the healthcare industry.
NCO Financial Systems, Inc. was formerly known as “Barrist Corporation” but changed its name to NCO Financial Systems, Inc. in December 1986. NCO Group, Inc., the principal entity, has over 100 locations in 11 countries, employing 30,000 people.
The contact information for NCO Financial Systems is as follows:
NCO Financial Systems, Inc.
507 Prudential Road
Horsham, PA 19044-2308
Phone: 215-441-3000
Fax: 215-441-3923
www.ncogroup.com
Are They Legitimate?
Complaints about NCO Group and its various subsidiaries are readily available online in various forms. In 2004, NCO famously paid one of the largest FCRA (Fair Credit Reporting Act) penalties ever issued at the time ($1.5 million) for violating various provisions of the federal law. If you believe that NCO is engaging in illegal collection activity or want someone to deal with them for you, contact our attorneys today.
As of November 30, 2023, NCO Group has an A- rating from the Better Business Bureau. Their BBB profile says they are not BBB accredited.
NCO is rated 1.11 out of five stars based on 35 customer reviews on the BBB website. 219 complaints closed in the last three years, with 184 complaints closed in the last 12 months.
What Should you do if you receive a letter or a call from NCO?
If NCO has contacted you, know your rights and consumer protections. The Fair Debt Collection Practices Act (FDCPA) provides federal protection against certain debt collection tactics.
Creditors and debt collectors cannot make harassing calls to those with debt to attempt to collect. They must also adhere to the statute of limitations to collect on debt as federal and state law requires.
Debt collection agencies often take legal action if they cannot settle the debt. This can lead to legal consequences such as wage garnishment, which may also be reported to the credit bureaus and end up on your credit report.
How Can Tayne Law Group Help?
Our law firm has helped clients resolve thousands of collection accounts and hold unscrupulous debt collectors accountable for their unlawful activity, and we can help you, too. Our experience allows us to anticipate potential issues and prospective outcomes to help minimize risk and save money, stress, and fear. We can help you understand the process, investigate your debt, and devise a plan of attack that will make the most sense for your specific goals.
Additionally, our law firm understands that the people who need our help deal with debt issues and need fair and flexible fees to protect their rights. That is why our consultations are always free; we charge incredibly affordable rates and even accept payment plans to make our fees even more accessible.
Call today for a free, no-obligation debt relief consultation. See what a difference one phone call can make! 1-866-890-7337
FAQs
NCO Financial is a debt collection agency that primarily collects debts for various clients. These clients often include credit card companies, healthcare providers, telecommunications companies, utility providers, and other businesses that extend credit or services to consumers. The specific entities for whom NCO collects can vary widely based on contractual agreements and client needs.
