NCO Financial Systems

Is NCO Financial Systems hurting your credit score?

Schedule a complimentary credit consultation to find out how you can eliminate inaccurate and questionable negative information from your credit report.

Who is NCO Financial Systems?

NCO is a debt collection agency headquartered in Horsham, Pennsylvania. They specialize in accounts receivable management.

NCO Financial is a subsidiary of EGS Financial Care, Inc., aka Expert Global Solutions, which was purchased by Alorica, Inc. in 2016 to form the largest BPO company in the United States.

NCO Financial Systems, Inc. goes by several names:

  • NCO Credit
  • NCO Financial Services
  • NCO Group
  • NCO Portfolio Management

You may see them listed on your credit report as a collections account. This can happen if you didn’t pay a bill.

Who does NCO Financial collect for?

NCO Financial collects debts for companies in numerous industries, including credit card, ecommerce, financial institutions, medical, student loan, and subscription services.

Is NCO Financial legit or a scam?

NCO Financial is a legitimate company. They’ve been in business since 1926 and are one of the largest collection agencies in the US.

However, they may repeatedly spam call, text, or email you.

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.

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

Lexington Law Firm is a credit repair company that helps people fix their credit.

In addition to collections, they can work with you to challenge other inaccurate, unfair, or unsubstantiated information on your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Get started on the path to better credit today: (800) 220-0084

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.?

It’s best to avoid speaking to a collection agency on the phone. And making payments on the debt will reset the clock. As a result, it could harm your credit rather than improve it. However, sometimes it’s better just to pay the collection account, especially if it’s new, and you’re certain that it’s legit.

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, Inc. sue me or garnish my wages?

It’s possible, but if you work with a law firm like Lexington Law, you have nothing to worry about. They aid you in disputing the collection account with the credit bureaus, with the possibility of having it removed from your credit history. It’s also possible that you never hear from or have to deal with NCO Financial Systems again.

Call Lexington Law Firm to learn how they can help you avoid lawsuits and remove negative items from your credit report that will significantly improve your credit scores.

Wage Garnishment

Some states allow wage garnishment, while others do not. If you are in a state that does not allow wage garnishment, it is illegal for a debt collector to threaten to garnish your wages.

It is also illegal for NCO Financial Systems to make any claims they cannot or will not follow through on. This includes threatening to sue you or foreclose on your home.

NCO Financial Systems, Inc. Complaints

Most collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If a debt collector is harassing you, you may want to 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 debt collectors.

Your Rights When Dealing with NCO Financial Systems, Inc.

Debt collectors must abide by state and federal laws in the United States. For example, the Fair Debt Collection Practices Act prohibits a debt collector from using abusive, unfair, or deceptive practices. In addition, the FDCPA provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:

  • 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. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
  • NCO Financial Systems may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
  • NCO Financial Systems must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection agency both orally and in writing.
  • NCO Financial Systems cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove NCO Financial From Your Credit Report Today!

Lexington Law Firm can assist you in disputing NCO Financial collections. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.

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. Give them a call at (800) 220-0084 for a free credit consultation to see what they can do for you.