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Violation Tracker Individual Record

Company: NCO Financial Systems, Inc.
Current Parent Company: Alorica
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Penalty: $100,000
Year: 2016
Date: September 13, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: EGS Financial Care, Inc., which was the parent of NCO Financial Systems and had subsumed its subsidiary's business, agreed to pay $100,000 in settlement of allegations it violated regulations governing debt collection agencies, including unfair, misleading or oppressive tactics against persons it sought to collect debts from.
Level of Government: state
Action Type: agency action
Agency: Arizona Department of Insurance and Financial Institutions
Civil or Criminal Case: civil
Facility State: Arizona
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: business services
Specific Industry of Current Parent: business process outsourcing
Source of Data: (click here)
Notes: This case was brought by the Arizona Department of Financial Institutions before it merged with the Department of Insurance.
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.