“When Nco Financial Wrecks Your Credit, Get Help From Lexington Law”

My True Story, With Credit Reports, Will Prove the Effectiveness of Lexington Law’s Credit Repair Service

My story begins with a series of poor financial decisions. My intentions were good, but I overextended myself by trying to take on too many responsibilities at once. Although I already had plenty of bills, I wanted my family to have a good Christmas so I opened yet another store credit card. The store card offered six months with no interest, and I was expecting a raise in the new year, so it seemed like I would be able to pay off the card before any interest accrued.

Unfortunately, instead of getting a raise I actually got laid off. What had been a tenuous financial situation before was now completely out of control. I had no savings, and I simply couldn’t keep up with all of my bills in addition to my family’s normal expenses.

I had to make some tough choices about which bills to pay and which ones to let slip into default. In the chaos, that store card with the Christmas gifts on it got lost in the shuffle. I had several collection companies calling me every day, trying to secure repayment on various accounts. It got to the point where I would just turn all the phones off so that I didn’t have to deal with the debt collectors. I also threw out tons of “past due” notices and other pieces of mail from creditors and debt collectors alike. It may not have been the best way to handle things, but at the time I was just overwhelmed. I figured it was more important to focus on my job search than it was to waste time trying to reason with debt collectors.

Eventually, I found a new job that paid decently. I was able to get my financial life back into some semblance of order. My wife and I decided that in order for us to improve our financial situation even further, she would need to go back to work. The only obstacle was her car. Her car was so old and unreliable that she hardly dared to drive it anywhere at all. It certainly wasn’t dependable enough to drive to a job every day.

We went to the dealership to look at used cars and see what kind of financing we could get. They ran a credit check on me, and that was the first time I realized that my debt collectors had trashed my credit. My score was barely 500. Obviously we walked out of the car dealership empty handed that day.

When I got home, I reviewed my credit report in more detail. I saw a whole bunch of collection items, including two from Nco Financial. That confused me, because as far as I knew I had only had one account sold to that company. But since I’d thrown out so much mail, and my credit report was such a mess, I figured I could easily be mistaken. I didn’t think much more about that duplicate collection item until later.

At this point, I was at a complete loss for the next step. I felt like I’d failed as a family provider, and I didn’t know how I could get my act together. I decided to talk to a friend who had gone through similar financial and credit problems a while back.

My friend was happy to talk to me. I had resisted talking to him before because I was afraid it would just turn into a pity party where we both told our sad stories about those mean old debt collectors. However, my friend totally surprised me with his positive attitude. He wasn’t put off by any of the stupid things I’d done; he remained confident that there was a way for me to repair my credit and get on with my life.

He explained to me that I could contact the credit repair professionals at Lexington Law and get back on track, just like he had.

It seemed too good to be true, so I made him explain every aspect of the process to me. He was able to explain really well, because in addition to repairing their clients’ credit, Lexington Law also educates people about their rights and about the credit repair process.

My friend started out by explaining to me that there are two laws that govern debt collection, the Fair Debt Collection Practices Act and the Fair Credit Reporting Act.

The Fair Debt Collection Practices Act protects you from unscrupulous debt collectors by limiting the tactics they can use against you. Debt collectors are not allowed to call you between 8 am and 9pm, to call your work looking for you (if you’ve told them not to), or to call you for the sole purpose of harassing you. Also, debt collectors can’t make empty threats of legal action, such as having you arrested, garnishing your wages, placing a lien on your home, or seizing your assets. In order to threaten any of these actions, they must have a REAL intention of taking you to court and a REAL chance of winning the case. Otherwise mentioning these legal actions is just a scare tactic.

My friend asked if I thought any of my debt collectors had violated the Fair Debt Collection Practices Act. I told him that they were certainly calling just to annoy me, but since I’d unplugged the phone and stopped reading my mail, I wasn’t sure what they had been trying to tell me.

Next my friend told me that the Fair Credit Reporting Act prevents debt collectors from reporting false information about you to any third party, including the credit bureaus. This really caught my attention. I wondered if that duplicate Nco Financial collection item could be a violation of this act. My friend said that if it was, it would be easy to get the collection item removed.

I was happy to hear that, but it still bothered me that the incorrect item had gotten on there in the first place. Wasn’t a credit report supposed to be an official record? How could such blatantly false information get on there? My friend said that mistakes happen because the credit bureaus don’t do any outside verification on collection items. When they receive notice of a collection item, all they do is “verify” the item with the debt collector who sent it in the first place. Naturally, no new information comes out of that process!

My friend also told me that it is the debt collector’s responsibility to prove that you owe your debts. Lexington Law could initiate a debt validation process to make Nco Financial prove that I owed what they said I owed.

I was really excited about everything I’d heard so far about Lexington Law. With my friend’s encouragement, I called for my free consultation the very next day, and hired Lexington Law based on their no-risk refund policy.

Within 30 days, I received proof that Lexington Law’s credit repair service was working. All three credit bureaus sent me notices showing that the Nco Financial item had been removed from my credit history! I was elated. Lexington Law kept working for me, and also erased several other collection items from other debt collection companies.

Thanks to the work done by Lexington Law’s talented professionals, my credit score went up 106 points in just 2 months! As more time passed, my score continued to improve. Soon my wife and I were able to go back to that car dealership and get good financing for a quality used car.

Now that my wife has reliable transportation, she has found a nice job and is contributing to the household income. With more money coming in, I can take care of some other financial problems that have been dogging us for a while. I finally feel like a good provider again!

I know that I owe my newly improved financial situation to Lexington Law. If I hadn’t hired them to repair my credit, I would still be stuck deep in debt, hiding from debt collectors and unable to better myself.

I’m so grateful to Lexington Law for repairing my credit, and to my friend for telling me about them! I just had to pay it forward by also telling you about Lexington Law. Follow my example and call them right away! You’ve got nothing to lose!