NCO Financial Systems


Is NCO Financial Systems hurting your credit score?

Schedule a free consultation to learn how to eliminate inaccurate and questionable negative information from your credit report.

Who is NCO Financial Systems?

NCO Financial Systems is a prominent debt collection agency with its headquarters located in Horsham, Pennsylvania. They specialize in managing accounts receivable, which involves recovering outstanding debts owed by consumers.

The agency operates as a subsidiary of EGS Financial Care, Inc., also known as Expert Global Solutions. This parent company was acquired by Alorica, Inc. in 2016, leading to the creation of the largest Business Process Outsourcing (BPO) company in the United States.

NCO Financial Systems operates under several names, including NCO Credit, NCO Financial Services, NCO Group, and NCO Portfolio Management. If you find any of these names on your credit report as a collections account, it typically signifies an unpaid debt they are trying to collect.

Who does NCO Financial collect for?

NCO Financial Systems provides debt collection services for a wide variety of companies across numerous industries. They handle collections for credit card companies, e-commerce platforms, financial institutions, medical facilities, student loan providers, and subscription services, among others. These companies hire NCO Financial when they have been unsuccessful in collecting outstanding debts from their customers.

Is NCO Financial legit or a scam?

NCO Financial is a legitimate debt collection agency with a long history dating back to 1926. It’s one of the largest and most well-established collection agencies in the United States. However, as is often the case with debt collection agencies, they might frequently contact you through phone calls, text messages, or emails in their attempts to recover the debt.

How can I remove NCO Financial Systems from my credit report?

NCO collections can hurt your credit score and remain on your credit report for up to seven years regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(Though debt collectors may not want this widely known, it’s your right to be informed.)

Ready to Raise Your Credit Score?

Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.

Professional credit repair services assist people in getting their credit back on track.

They can help challenge inaccurate, unfair, or unsubstantiated information on your credit report, including collections, inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Get started on the path to better credit today: Fill out the form for a free credit consultation.

Has NCO Financial Systems Inc. tried to contact you recently?

NCO Financial Systems has been known to harass consumers. They are one of the most notoriously poor debt collectors out there. One website alone lists almost 200 complaints against NCO.

Nobody likes hearing from a debt collector, and NCO has proven to be one of the more aggressive in the country. Regardless of how old your debt is, they will still attempt to find out where you are to collect the debt that they believe is owed to them.

NCO collection agency has been known to pursue debts as much as 15 years old! They will also pursue you for debt that has never belonged to you.

Do not allow collection agencies to violate your rights under the Fair Debt Collection Practices Act (FDCPA). If you want to take a stand against them, keep reading; you have options.

NCO Financial Systems Inc. Contact Information


NCO Financial Systems
507 Prudential Rd
Horsham, PA 19044-2308

Phone number: (215)-441-3000 or (208) 375-9640

Should I contact or pay NCO Financial Systems, Inc.?

Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.

The most effective way to deal with NCO Financial Systems is to work with a credit repair professional. They help remove millions of negative items every year from companies like NCO Financial Systems on behalf of their clients.

Will NCO Financial Systems sue me or garnish my wages?

As a third-party debt collection agency, NCO Financial Systems does have the legal right to sue you for an unpaid debt. If they win the lawsuit, they might be granted a court judgment that could potentially allow them to garnish your wages or levy your bank account, depending on your state’s laws.

However, it’s important to note that wage garnishment is usually considered a last resort after all other attempts to collect the debt have failed. The process requires court approval and varies from state to state, with some states offering more protections for consumers than others.

NCO Financial Systems, Inc. Complaints

Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, consider filing a complaint.

You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include the ability to dispute credit reporting errors and to be treated fairly and respectfully by a debt collector.

Your Rights When Dealing with NCO Financial Systems, Inc.

Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:

  • It is a violation of federal law for NCO Financial Systems to report inaccurate or incomplete information about you.
  • You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. They have 30 days to prove the debt is yours and the amount is accurate.
  • NCO Financial Systems cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
  • NCO Financial Systems must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
  • NCO Financial Systems cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove NCO Financial From Your Credit Report Today!

Credit Saint can help you dispute NCO Financial collections. With over 15 years of experience, they have a proven track record of removing incorrect entries for many clients.

Removed from credit report
Removed from TransUnion

If you’re tired of dealing with debt collectors and want to improve your credit, consider working with a trusted credit repair company.

They have helped many people in your situation. Fill out the form on their website or call (855) 281-1510 for a free credit consultation to see what they can do for you.

Ready to Repair Your Credit?

Learn how to get help disputing errors on your credit report that could be hurting your credit score.

Meet the author

Crediful is your go-to destination for all things related to personal finance. We're dedicated to helping you achieve financial freedom and make informed financial decisions. Our team of financial experts and enthusiasts brings you articles and resources on topics like budgeting, credit, saving, investing, and more.