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Academy Collection Service
Settlement Letter

ACTUAL SETTLEMENT LETTER

Debt Consolidation
C/O US Financial Management
3131 Camino del Rio North Ste 1500

San Diego, CA 92108

NCO Financial Systems, Inc.
150 Crosspoint pkwy
Crosspoint Business Park
Getzville, NY 14068

Creditor: American Express
Consumer: Debt Consolidation
Acct #: Debt Consolidation
Our Ref #: V77353
Bal: $4940.08

Settlement Amt: $2223.00

Dear Debt Consolidation

            Please be advised that American Express has forwarded the above-referenced account to our agency for collection.

            American Express has agreed to offer you a settlement of $2223.00 in 3 payments as follows $741.00 due by April 7, 2006, $741.00 due by $741.00 due by June 6, 2006. Upon receipt and clearance of said funds your account will be considered settled.

            Please contact Cheryl Cooper at 800-322-2608, if you have any questions.

***Please forward all payments/documents to: NCO Financial Systems, Inc.
                                                                            Attn: American Express Division
                                                                            507 Prudential Rd
                                                                             Horsham, PA 19044

Sincerely,

Cheryl Cooper
NCO Financial Systems, Inc.
Collection Officer

Calls to or from NCO Financial Systems, Inc. may be monitored or recorded for quality purposes. As required by the California Consumer Credit Reporting Agencies Act, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations.

This is a communication from a debt collector. This is an attempt to collect a debt and any information obtained will be used for that purpose.


 
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