A recent article reveals that certain late fees and delinquency notices from National Credit Solutions may be a scam. National Credit Solutions is apparently trying to collect on debts that they claim arose from late fees imposed by Hollywood Video or Movie Gallery. However, some consumers are disputing any suggestion that they owe those late feees, indicating that the video rental chains would not have allowed them to subsequently rent videos if they actually had late fees that were owing.
As the old saying goes, “where there’s smoke, there’s fire”. Attorneys General in half a dozen states have received complaints about National Credit Solutions, and at least one state (Montana) has filed a lawsuit against it. There are two common complaints. First, consumers were never provided notice of the alleged late fees, and therefore were not able to dispute them before they were placed on consumers’ credit reports. Second, National Credit Solutions has tried to impose a $75 collection fee, which some feel is outrageous. Please click here for more information about filing a complaint against a debt collector.
There is no question that placing a delinquency notice on a consumer’s credit report exerts pressure to pay National Credit Solutions, especially when the consumer is trying to obtain credit for a large purchase such as a home or car. In all, about a half-million consumers have had their credit report damaged by the notices from National Credit Solutions. If this has happened to you and you believe you do not owe the charges, make sure to promptly dispute the debt in writing with each credit reporting agency that has placed it on your credit report.
In addition, if National Credit Solutions failed to comply with state or federal debt collection laws, you may be entitled to sue the the debt collector to resolve this issue and recover any damage you may have suffered from their conduct. If this has happened to you here in Florida, please do not hesitate to contact us to learn how we can assist you in preserving and vindicating your rights.