How to Dispute an NCO Financial Debt

NCO Financial Systems is a large business process outsourcing solutions provider, according to their website, that handles accounts from internationally recognized clients, including Paypal. According to the NCO website, one of the services they offer is a collections service. If you have received a collections notice from NCO, it means that you owe or they think you owe money to one of their clients. If you think that you do not owe a debt that you receive a letter for, you have the right to dispute it under the Fair Credit Reporting Act --- this includes a debt from NCO.

Instructions

1

Search for a dispute letter template on the Internet or ask your lawyer to draft one for you. (See Reference 1.) If you don't have a lawyer, finding a reliable template is important because it will include all of the legalities that you may not be familiar with and include laws that you are not aware of.

2

Find out what NCO's current address is. As of 2009, they had the address listed below on their website. There are also separate addresses for their UK and Canada divisions.

NCO Financial Systems, Inc.
507 Prudential Road
Horsham, PA 19044

3

Send your dispute letter certified mail with return receipt through the United States Postal Service. It is important that you have proof of when NCO received the debt, just in case they refuse to respond and you have to hire a lawyer. If your case against them goes to court, you will need this evidence.

4

Mail a dispute letter to each of the credit bureaus that have the debt listed on your report as soon as NCO has received your dispute letter. The three credit bureaus are Equifax, Experian and TransUnion. The credit bureaus will also contact NCO, and they must respond to their request within 30 to 45 days--- according to Equifax, depending on how you received your report --- or the debt will be removed from your credit report.

5

Wait for your results. You will either receive notification that your debt has been verified and possibly hard copy verification from NCO or have the account removed from your credit reports.