NCO/Wyse Financial Systems Complaint - Well trained rep policies? Read
ANYWHERE, NEVADA -- NCO/Wyse Financial and all their related companies clearly use intimidation and disruption of your life as their main weapon. Fight back, "get mad AND even". Send them a "cease and desist" letter and get them out of your life as soon as possible. (a pre-typed "cease and desist" letter available here http://www.ihatedebt.com/Cease_and_Desist_Letter_for_Debt_Collectors.html ), just fill in the blanks. If they fail to listen, file complaints with the FTC. Document all their abuses. Don't let "these guys" cause you anymore sleepless nights if you can help it. Fight back anyway you can. Hopefully NCO will wind up in the bankrupcty pile after enough consumers file complaints and lawsuits.
Read in their own words from their own web site the strategy their "well trained" reps will use on you. (What a joke)
"First it is important to understand why our collection agency can collect money that continued in-house efforts could not. It's called third party intervention, and it consists of 3 elements:
1.) Intensified demand. Debtors believe collection agencies have resources beyond those available to other companies.
2.) Negative image of collection agencies. Collection agencies are perceived as relentless and utterly serious about collecting money. Having that image gives us a tremendous amount of leverage to work with. Using the sales approach we develop a relationship with the customer listening to them yet re-emphasizing to not only pay our client but to pay our client first.
3.) Implied effect on credit standing. Third party involvement implies credit rating may suffer. WYSE Financial reports to Trans Union, Equifax and Experian"