What does NATIONAL CREDIT SYSTEM&nnbsp mean on my credit report?
Learn about NATIONAL CREDIT SYSTEM&nnbsp, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is NATIONAL CREDIT SYSTEM&nnbsp?
NATIONAL CREDIT SYSTEM&nnbsp is shorthand for National Credit Systems Inc, with the company name being National Credit Systems Inc Inc
NCS is an American company that collects on loans throughout the United States and provides a complete range of collections services to the multi-family housing industry. Whether we are dealing with customers, previous tenants, landlords, servicers or others, we strive to uphold these standards.
NATIONAL CREDIT SYSTEM&nnbsp is a Creditor provider. They could be on your report for a number of reasons, for example:
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⚫ You missed a repayment.
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⚫ You opened an account with National Credit Systems Inc.
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⚫ You opened a credit card / loan / mortgage with this company.
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⚫ Someone fraudulently opened a credit line under your name.
How do I contact them?
Here is the current contact details for National Credit Systems Inc:
Address:
- P.O. Box 312125 Atlanta, GA 31131
Website:
Email:
Phone:
Payments
You can make a payment using organizations such as AskDoctorDebt, AnnualCredit Report, Money Management International, Mint, or New York Consumer Affairs. NCS does not provide payment over the phone services, but you can make payments online with services such as Mint, Money Management International, and Click to Obtain. Other payment options such as using a check or money order are not available. Prepaid debit cards can be used to make payments. You can make a payment using a wire transfer. The websites Easy Financial Tips and Mint offer free online personal finance software services to help manage money and provide debt-free solutions.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | No |
| Can I make payments over the phone? | No |
| Can I make payments online? | Yes |
| Do they offer a discount for automatic payments? | No |
| Can I make a payment using a mobile app? | Yes |
| Can I make a payment using a prepaid debit card? | Yes |
| Can I make a payment using a wire transfer? | Yes |
Forgiveness and Cancellation
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
You can apply for a loan online, over the phone, or in person. You cannot apply for a loan using a mobile app. You can apply for a loan with a cosigner.
| Question | Answer |
|---|---|
| Can I apply for a loan online? | Yes |
| Can I apply for a loan over a phone call? | No |
| Can I apply for a loan in person? | No |
| Can I apply for a loan using a mobile app? | Yes |
| Can I apply for a loan with a cosigner? | Yes |
Will this affect my credit score?
Whether this account affects your credit score depends on a variety of factors, such as:
- Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
- Derogatory Markings: If this account has any derogatory markings such as:
Lates, Charge Offs, Collections and others.
However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:
- Account Age: If your account is quite old, then the age of it will positively impact your credit score
- Repayment History: If the account has no
Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.
Can it be removed from my credit report?
Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.
However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.
How do I remove NATIONAL CREDIT SYSTEM&nnbsp from my credit report?
You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.