The have been recetly fined $1.5 million for false credit reproting
NCO Financial Services may owe you money even after being fined by the FTC. The land mark fine haded out by the FTC did not absolve them of any liability that they may owe you.
The Fair Credit Reporting Act Makes False Credit Reporting Illegal
NCO Financial Services used deceptive credit reporting to poison consumers credit file to make negative information appear longer on their credit file than what is allowed by law.
- Fair Credit Reporting Act
- A pdf of the FCRA
Learn How to Read and Repair your Credit File
Not only does NCO Financial report incorrect credit information take the time to learn how to repair your own credit. A difference in 10 points in your credit score can make the difference between yes an no on a loan application
CreditBooster: Ultimate Guide to a Better Credit Score credit, debt, credit scores, credit reports, free credit reports
Amazon Price: $19.95 (as of 10/10/2008)
The Road to 850: Proven Strategies for Increasing Your Credit Score
Amazon Price: (as of 10/10/2008)
How to Repair Your Credit Report
Amazon Price: $15.56 (as of 10/10/2008)
Just Becasue the FTC Slapped them doesn't mean they stopped
You will see the most recent suits against NCO Financial Services for Fair Credit Reporting Act Violations and Fair Debt Collection Practices Act.
Even a $1.5 million fine wakes them up. Make sure if they are contacting you that you get a copy of your credit report and see if they are reporting correctly.
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