NCO Financial Systems Informative - Thank you all! - Bad Debt
OHIO -- I have to say thank you to all of you for posting all of this information. NCO sent me 2 letters in February for old debts - debts from I was young and stupid about my credit. One was for the Limited and the other from Victoria's Secret. One was initially probably $50, the other $30. Anyways, the letters stated that I owed $328 and $210, which I thought was crazy, and both creditors were listed as WFNNB, which means nothing to me. When I called I spoke with a really nice woman, but something seemed fishy - they immediately knocked the debt down to 1/2, and the dates on the accounts were 1998 and 1999. They did threaten to file a lawsuit against me. They offered to take two payments of $135 and call it even. But I wanted to check things out first and make sure that they were valid, and boy am I glad I did. The first account is not even on my credit report anymore. And the statute of limitations in Ohio is 6 years. I called them, and told them I wanted a full statement of what I owed sent to me, so I could check the statute of limitations on the debt. The guy put me on hold twice, then told me the computers were down. He took the numbers of the letters, my name, and my phone #, and said he will get back to me. Yeah. I believe that. I will be sending them official letters tomorrow disputing the debt. I've read a few of these postings, and some people seem upset that people don't just pay their debts. Well, I would pay the debt - if it was the $30 I originally owed. But I'm not paying some shady creditor I've never heard of $210 instead. Especially since he said that paying the debt would take it off my credit report. Don't we all wish that were true. They also told me that if I didn't pay it it would be on there for 15 years. NCO isn't even on my credit report - how could they affect it?