Security Credit Systems, Inc. (SCS) is a collection agency in Buffalo, New York, that collects for colleges and universities, medical providers and businesses such as insurers and banks. A notice from it often concerns an unpaid school balance or a medical bill.
- Type
- Collection agency
- Also known as
- Security Credit Systems, Inc.; SCS
- Headquarters
- Buffalo, NY
- Collects
- college and university balances, student loans, medical bills, insurance company accounts, bank accounts
- Phone numbers it lists
- (716) 882-4515, (800) 836-4568
- Website
- securitycreditsystems.com
66 debt collection complaints were sent to the Consumer Financial Protection Bureau about SECURITY CREDIT SYSTEMS INC from November 13, 2023 to November 12, 2026. A complaint is a consumer's account, not a finding that the company broke the law. Read the complaints in the CFPB database.
Who Is Security Credit Systems?
Security Credit Systems, Inc. (SCS) is a collection agency at 100 River Rock Drive, Suite 200, in Buffalo, New York. Its website says it has more than 35 years in the collection industry and uses the slogan "Personal Effective Collections." SCS says it belongs to the American Collectors Association and has updated its practices for Regulation F, the CFPB's 2021 debt collection rule. Do not confuse it with Security Credit Services, LLC, a separate company with its own profile in this directory. We did not find a CFPB enforcement action against Security Credit Systems.
Why Security Credit Systems May Be Contacting You
SCS describes three lines of business:
- Education. Universities, colleges, community schools and secondary schools. Its site discusses options such as refinancing, consolidation and loan rehabilitation, so it may contact former students about unpaid tuition, fees or school-held loans.
- Medical. Patient balances for practices ranging from solo offices to large institutions, including balances still pending an insurance decision.
- Commercial. Insurance companies, banks and small businesses.
SCS lists (716) 882-4515 as its main number and (800) 836-4568 as a toll-free number, along with [email protected] and an online payment portal.
How to Check a Debt Security Credit Systems Says You Owe
School balances and campus-based loans have their own rules and records. Ask for both before paying.
- Read the validation notice for the school or provider's name and an itemized balance (15 U.S.C. § 1692g; 12 C.F.R. § 1006.34).
- Dispute in writing within the validation period and ask for the student account ledger or loan promissory note, the charges and refunds posted, and any collection costs added.
- Identify the loan type. A federal Perkins or other federal loan carries rehabilitation and repayment rights that don't apply to an unpaid tuition bill. See our update on federal student loan collections.
- For a medical bill, confirm whether insurance has made a final decision before paying.
- Check the deadline to sue. Texas generally allows four years for debt suits (Tex. Civ. Prac. & Rem. Code § 16.004), and debt buyers cannot sue on time-barred consumer debt (Tex. Fin. Code § 392.307). Federal student loans are not subject to a statute of limitations, and other states set their own periods.
What Security Credit Systems Can and Can't Do
When SCS collects consumer debts owed to schools, providers and other clients, it is a "debt collector" under 15 U.S.C. § 1692a(6).
- It may not tell your school, employer or family about the debt, except to find your contact information (15 U.S.C. § 1692c(b)).
- It may not threaten action it cannot legally take or does not intend to take, such as a lawsuit the school has not authorized (15 U.S.C. § 1692e(5)).
- It may not add collection costs your agreement or the law doesn't allow (15 U.S.C. § 1692f(1)).
- It must honor a written request to stop contacting you (15 U.S.C. § 1692c(c)).
If SCS's conduct seemed improper, see our Texas FDCPA attorneys page.
We Sue Debt Collectors That Break the FDCPA
Texas Debt Law files Fair Debt Collection Practices Act lawsuits against debt collectors in federal court for consumers in Texas, California, Illinois, Georgia and Colorado. If Security Credit Systems or anyone collecting for it harassed you, misstated what you owe, threatened action it could not take, or told others about your debt, you may have a claim. A court can order a collector that violated the FDCPA to pay your actual damages, up to $1,000 in additional statutory damages, and your attorney's fees and costs (15 U.S.C. § 1692k(a)). An FDCPA claim generally must be filed within one year of the violation (§ 1692k(d)), so keep your letters, call logs, voicemails and screenshots, and talk to us early. Texas residents may also have claims under the Texas Debt Collection Act. Learn more from our FDCPA attorneys.
Free FDCPA Case Review(214) 851-2250
Or start your free case evaluation online. No lawyer can promise a result; every claim depends on its facts and proof.
Sources
- Security Credit Systems: home page
- CFPB enforcement actions search: Security Credit
- CFPB Consumer Complaint Database: SECURITY CREDIT SYSTEMS INC, debt collection
This profile is general information compiled from public sources, not legal advice, and it does not state or imply that Security Credit Systems has violated any law. Company details change; tell us if something here is out of date.