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Anyone heard of NCO Financial Systems


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Posted by Bob C. (198.111.220.205) on January 17, 2003 at 08:28:57:

I live in Michigan, this account was charged off about April 2001, by Citibnak, $4500.

I recently received a letter by NCO Financial Systems saying that they have bought the debt from Citibank. Then another letter came after that, and it says on the bottom that they are a debt collector.

How do I know if they really own the debt now, or are just trying to collect on it? And if they did buy it, should I dispute the Citibank account to try and have it removed from my credit report, or is that just a waste of time?

I looked these goons up on the better business bureau, http://www.bbb.org and their file stunk. They sound like a very poorly run company. They were classified on there as a collection agency.

Any info is really appreciated.

Also read the Collection Agency Frequently Asked Questions

 


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