Nationwide Credit, Inc. also known as NCI. Is a massive collection agency. They are located in Atlanta, Georgia. And will collect on a variety of debt accounts including: telecommunications, retail, utilities, property management, and more.
They have a history of breaking federal regulations and abusing consumers. They were fined twice by the FTC or Federal Trade Commission. Nationwide Credit paid a $100,000 fine in 1992. Then, again in 1998, they paid a $1,000,000 fine!
According to the FTC press release, both these fines were for violating the Fair Debt Collection Practices Act (FDCPA). This is a federal law that regulates how debt collectors can contact you, when, and what they can say.
If you would like to know more about your rights and how to deal with debt collectors. We encourage you to review this piece of legislation. Nationwide Credit was violating consumer rights because:
1. They were making false and misleading representations
2. They were not validating consumer debts when requested
3. They did not send validation notices
4. They were contacting third parties regarding consumer debts
These are all blatant violations and why the Federal Trade Commission issued a $1,000,000 fine in 1998.
Nationwide Credit, Inc. (NCI)
2002 Summit Blvd, Suite 600
Atlanta, GA 30319
Phone number: 1-800-456-4729
3 Tips To Deal With Nationwide Credit
1. Request Account Validation
If you are currently being contacted by Nationwide Credit, the first step is to ask for debt validation. You can do this by sending a validation of debt letter. This is going to require Nationwide Credit to reply by showing you documents that prove they own your account.
And it is within the statute of limitations. If they don’t respond with validation of your debt within roughly 30 days. Then, you may want to consider getting help from a credit repair firm. They have a history of ignoring debt validation requests! When you request debt validation this is how to dispute a debt with a collection agency.
What you are really saying is: “Nationwide Credit prove this is my debt account.” Because mistakes happen every day. Which is why Congress included in the Fair Debt Collection Practices Act. That collection agencies must respond to consumer validation requests.
2. Dispute Your Credit Report
Are you are wondering how to remove collections from credit report files? You will need to dispute these items directly with the credit bureaus. The credit bureaus will contact Nationwide to verify your account information. If your account is not verified then it must be removed from your credit report.
You can do this by sending a credit dispute letter. We suggest, using certified mail with return receipt requested. This will provide you with proof the credit bureaus received your dispute letter. Additionally, you can dispute credit report items online and over the phone.
3. Negotiate A Settlement Agreement
If your debt is verified and validated. Then you should negotiate a settlement agreement with Nationwide Credit. As part of your settlement agreement, it’s very important that you get Nationwide to stop reporting your account information to the credit bureaus. If you neglect to do this after you make your payment, you will continue to have bad credit on your credit report.
Listen, your credit score is a lot like your Grade Point Average (GPA) in school days. It doesn’t matter if you’re acing all your classes, if you’re failing Gym class, because that one negative mark is going to ruin your overall GPA.
This is also true of your credit score. And why it’s so important that we clean your credit of any dings, blemishes, and remove any negative items. We encourage our members to consider professional, legal, and effective credit repair services to help.
Because in 2016 alone, over 9 million negative items were removed from consumer’s credit reports. One of the best firms is The Credit Pros. They’ve helped client’s successfully remove collections, late payments, charge offs, judgements, liens, and many more negative credit report items.
Get a free credit consultation with a certified FICO professional by calling toll-free 1-877-418-7596. And for more tips, techniques, and strategies about how to fix bad credit with Dan Willis, sign up for our free newsletter and join our congregation.
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