I too just learned that my great credit scored has dropped as a result of frivilous, erroneous debt collections placed on my credit report by NCS. All of a sudden, my credit limits have been decreased signficantly as a result of NCS' reportings. Folks who find themselves in this situation need to understand your rights under the Fair Credit Reporting and Debt Collections Practices (see www.ftc. Gov). I know my right and will not allow the unfair practices of NCS to continue to go unaddressed.
Whatever you do - do not agree to pay debt that is not yours. You have the right to be notified of the debt and obtain written validation of the debt.
I'm preparing a complaint to file a lawsuit against ncs. Because of ncs, i have lost $24,000 in credit lines, my debt ration has almost reach 95% becuase of decreased credit lines.
For example my $27 line of credit which had a balance of $7k, resulting in debt ratio of 26%, is now at 70% because my credit line was decreased to $10k!
Stop this injustics. Email me at [email protected]
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