- On July of 2010 my wife received a letter from DCS stating we owed American Student Assistance money. To the tune of 50, 000 dollars. We knew this but were in financial straights. We had to make some difficult choices. One of which was to not pay on her student loans. We were grossly irresponsible and did not stay in communication with the company that was handeling our payments. As a result...enter DCS (Diversified Collections Services, INC). (NOTE: DCS is a collection agency. They do NOT hold our debt. The guarantor (ASA in our case... read full review »