Product: Credit reporting or other personal consumer reports

Subject : Dispute Regarding Repossession Reporting, Deficiency Balance, and Missing 1099-C by Global Lending Services ( GLS ) Subject : Dispute Regarding Repossession Reporting, Deficiency Balance, and Missing 1099-C by Global Lending Services ( GLS ) Description : I am filing this complaint to dispute the accuracy and validity of a repossession reported by Global Lending Services ( GLS ) on my credit report. Additionally, GLS failed to issue an IRS Form 1099-C ( Cancellation of Debt ) for the charged-off account. I also have concerns regarding XXXX 's and XXXX 's handling of my previous disputes and their failure to investigate properly. 

Key Issues : 1. Inaccurate Reporting : The deficiency balance of {$5700.00} appears inflated. GLS has not provided sufficient documentation to validate this balance, and their breakdown of fees ( e.g., " XXXX XXXX '' and " Late Charges '' ) is inconsistent. 

GLS charged off the account and marked it as " closed, '' but failed to issue a 1099-C as required by IRS regulations for canceled debt over {$600.00}. 



2. Failure to Investigate : Despite disputing this with XXXX and XXXX, the bureaus failed to conduct thorough investigations and allowed this unverifiable repossession to remain on my credit report. I am aware of the recent CFPB lawsuit against XXXX for failing to investigate disputes properly, which raises concerns about the accuracy of their reporting practices. 



3. Failure to Provide Notice : GLS has not demonstrated that they provided the legally required repossession notice, which raises concerns about compliance with state and federal laws. 



4. Harmful Impact : This negative reporting has severely damaged my credit score, affecting my ability to secure financial opportunities despite my efforts to improve my credit. 




Resolution Requested : 1. Remove the repossession from my credit report due to inaccuracies and insufficient validation.

2. Issue a 1099-C for the charged-off and closed account as required by IRS regulations.

3. Provide a clear, itemized explanation of the deficiency balance and repossession process. 


4. Ensure thorough investigations are conducted by XXXX and XXXX in compliance with the Fair Credit Reporting Act ( FCRA ). 



Supporting Documents : I have attached the following : Payment history provided by GLS. 

Retail Installment Sales Contract with possible inconsistencies. 

Correspondence from GLS failing to address my concerns. 


Thank you for your assistance in resolving this matter. 
Description : I am filing this complaint to dispute the accuracy and validity of a repossession reported by Global Lending Services ( GLS ) on my credit report. Additionally, GLS failed to issue an IRS Form 1099-C ( Cancellation of Debt ) for the charged-off account. I also have concerns regarding XXXX 's and XXXX 's handling of my previous disputes and their failure to investigate properly. 

Key Issues : 1. Inaccurate Reporting : The deficiency balance of {$5700.00} appears inflated. GLS has not provided sufficient documentation to validate this balance, and their breakdown of fees ( e.g., " XXXX XXXX '' and " Late Charges '' ) is inconsistent. 

GLS charged off the account and marked it as " closed, '' but failed to issue a 1099-C as required by IRS regulations for canceled debt over {$600.00}. 



2. Failure to Investigate : Despite disputing this with XXXX and XXXX, the bureaus failed to conduct thorough investigations and allowed this unverifiable repossession to remain on my credit report. I am aware of the recent CFPB lawsuit against XXXX for failing to investigate disputes properly, which raises concerns about the accuracy of their reporting practices. 



3. Failure to Provide Notice : GLS has not demonstrated that they provided the legally required repossession notice, which raises concerns about compliance with state and federal laws. 



4. Harmful Impact : This negative reporting has severely damaged my credit score, affecting my ability to secure financial opportunities despite my efforts to improve my credit. 




Resolution Requested : 1. Remove the repossession from my credit report due to inaccuracies and insufficient validation. 


2. Issue a 1099-C for the charged-off and closed account as required by IRS regulations. 


3. Provide a clear, itemized explanation of the deficiency balance and repossession process. 


4. Ensure thorough investigations are conducted by XXXX and XXXX in compliance with Thank you for your assistance in resolving this matter.