NCO Financial Systems - NCO Portfolio Management - TransUnion Deceptive Collection Antics TransUnion not following regulations Horsham, Pennsylvania

I am thoroughly frustrated with the way NCO Financial Systems, Inc. conduct their business and I am tired of their deceptive antics.

I received a bill from NCO Financial Systems Inc stating I owed $1,869.00 including interest for a delinquent NYCO Credit Card account. First and foremost I have never had a credit card with this company. I am pretty concerned that I have been the victim of identity theft. I decided to obtain a copy of my credit report from all three reporting agencies and noticing the negative inquiry on my report. I was in shock.

Now what concerns me is that NCO Financial Systems obtained a copy of my credit report through TransUnion in June of this year. I don't know how they could have received a copy of my credit report without any authorization and placed the fraudulent account on my report. More alarming is how TransUnion could allow a company like NCO Financial place a fraudulent item on my credit report with no proof and allow unauthorized access to my credit report!

So I decided to write a letter of dispute to NCO requesting that they forward me a copy of all ID's that were used to open this account. In return they sent me a letter stating I should send those copies of my ID and fill out the fraud report. Then I called and I spoke with a representative that confirmed the mistake. I also mailed back the requested copy of the fraudulent report to NCO Financial as requested only to find out that they confirmed the dispute as confirming my ownership. This is totally ridiculous and NCO Financial s trying to collect on an account that is not mine! NCO has so many arms in so many states it is not funny. But we as consumers have to do something to shut them down.

Zennie371
Jamaica, New York
U.S.A.