On July 22 I recieved a letter from NCO Financial Systems demanding payment of $13,657.31 for payment in full on some Chase Providian Card. I do not have a Chase Providian card, nor have I ever had one. I spent half the night checking all my credit reports going back years and this account never showed up.
I called NCO to ask for an explanation and was informed this debt originated in 1991. When I asked why this account never showed up on my credit reports I was told because it was beyond the 7 year limit of reporting.
After checking the internet for information on NCO I found they had several complaints lodged against them and had paid a fine last year for fraudulent collection practices. I also discoverd this web site and read the reports from others who shared this same experience. I was amazed that many people received the same type of letter dated the same day!!!
I wrote a letter to NCO and I also filed a complaint with the Federal Trade Commission.
If you find you received the same type of letter and you do not owe the money they are claiming that you owe,
go to www.FTC. Gov and file a complaint. Companies like this need to be stopped.
I would like to take whatever action is necessary to put this group out of business. Fortunately I have the internet, and websites such as this exist to help consumers protect themselves from companies like this one.
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