Product: Credit reporting or other personal consumer reports

On XX/XX/XXXX, I concluded a lease trade-in for my account ( XXXX ) with XXXX XXXX XXXX XXXX XXXX , Ohio. The following day, XX/XX/XXXX, I received a communication from XXXX XXXX regarding a late payment. I promptly clarified that the vehicle had been sold the previous day. Despite this, on XX/XX/XXXX, and continuing through XX/XX/XXXX, I received multiple subsequent calls from XXXX XXXX, each indicating a late payment. I repeatedly informed them of the vehicle 's sale. 

On XX/XX/XXXX, I contacted XXXX XXXX XXXXXXXX XXXX XXXXXXXX for more information regarding the payment status. They confirmed that Check XXXX for {$44000.00} had been dispatched to XXXX XXXX via XXXX  ( tracking number XXXX ) and was received on XX/XX/XXXX, at XXXXXXXX XXXX XXXX. Later that day, I relayed this information to XXXX XXXX 's collections department, which led to a cessation of the repeated calls. 

By XX/XX/XXXX, my XXXX XXXX account ( XXXX ) reflected a {$0.00} balance, indicating full payment and no outstanding dues. However, on XX/XX/XXXX, a XXXX alert notified me of a XXXX drop in my XXXX XXXX XXXX due to a " 30 Day Late '' report by XXXX XXXX. Upon checking, I found the account marked as 'Past Due ' with a balance of {$19000.00} and XXXX remaining payments. Upon contacting XXXX XXXX, I was informed of system downtimes preventing immediate resolution. 

The situation worsened on XX/XX/XXXX, with additional XXXX alerts indicating further drops in my credit scores. After an extensive three-hour call with XXXX XXXX XXXX XXXX was informed that the payment check had been canceled by the dealer, necessitating further contact with XXXX XXXX XXXX XXXX XXXX. On XX/XX/XXXX, after their investigation, the dealership confirmed that the check had cleared and was neither returned nor canceled. 

The company responded with the following information, admitting fault, on XX/XX/XXXX ( summarized ) : " The correspondence addresses XXXX XXXX 's lease agreement with XXXX XXXX for a XXXX XXXX XXXX XXXX, initiated on XX/XX/XXXX, through XXXX XXXX XXXX, with monthly payments of {$760.00}. The document acknowledges that the agreement was later assigned to XXXXXXXX XXXX XXXXXXXX XXXX and highlights a prior communication on XX/XX/XXXX, detailing corrections to the contract, indicating some initially incorrect or omitted information. 

Further, it provides a detailed payment history up to XX/XX/XXXX, urging XXXX XXXX to report any discrepancies between his records and the provided history for further investigation. The history outlines the receipt of payoff funds from XXXX XXXX XXXX dealership on XX/XX/XXXX, and the initiation of the dealer buyout process. It also mentions the issue of the account being reported as over 30 days past due to the late XX/XX/XXXX, payment. 

The response concludes with XXXX 's action to request consumer credit reporting agencies to update their records to reflect the account as XXXX payments over 30 days past due. It encourages XXXX XXXX to verify these updates with the agencies after 30 days and provides contact information for further assistance or inquiries. The communication reflects a structured approach by XXXX to address the concerns raised, offering transparency about the events and steps taken. '' In XX/XX/XXXX, I acknowledge the detailed investigation conducted and the subsequent corrections made to my consumer credit reports. Despite these efforts, the period during which incorrect information was present has inflicted immediate and significant damage to my entire credit portfolio. This situation has led to a distressing reduction in my financial flexibility and credibility. 

Now, in XXXX, XXXX, I am still suffering the damage from this. During the time the erroneous data remained on my reports, I have encountered several detrimental effects. Notably, 90 % of my credit card issuers reduced my available credit, directly impacting my financial maneuverability. Additionally, XXXX XXXX scores experienced a substantial average drop of over XXXX points. This decline in credit score is not just a number ; it represents a setback in my financial reputation, current and future borrowing capabilities. 

Although my records have been updated, the ramifications persist. The inability to reinstate my previous credit limits, due to the past-due reports, has further strained my financial health. This discrepancy has shifted my credit standing from good to poor, This single incident has effectively erased years of diligent financial management and will require a prolonged period to recuperate fully. The enduring impact on my creditworthiness is not just a temporary inconvenience but a long-term hindrance that will affect my financial decisions and opportunities for years to come. The gravity of this situation can not be understated, as it undermines the trust and reliability I have strived to build with financial institutions over many years. 

Furthermore, the consequences of this erroneous and grossly negligent reporting by XXXX XXXX have escalated to a critical point, severely undermining my financial stability. As a direct result of the cut limits instigated by the false XXXX late payment, my credit cards are now being systematically closed. This action has not only buried me under an insurmountable burden but also effectively barred me from obtaining new credit, trapping me in a vicious cycle of diminishing financial resources. 

The subsequent cutting of limits and closing of cards has had a profound and distressing impact on my mental health, financial health, and the stability of my family. Over the last XXXX months, I have faced a denial of over {$200000.00} in credit. Each attempt to rectify the situationwhether paying off a card or reducing the balancehas been met with immediate closure or further reduction of my credit limit, maintaining a suffocating level of over 95 % utilization. The negative mark, which still lingers on certain reports inaccessible to me as a consumer, has thwarted my ability to leverage equity in my home, as banks continue to receive this erroneous information. Consequently, XXXX XXXXXXXX mortgage score has plummeted into the XXXX, reflecting the severe and ongoing repercussions of this single report. 

Amidst this financial turmoil, I find myself in a state of despair. Despite having no late payments, only cut limits, and closed cards, I feel increasingly trapped and powerless. The psychological toll is immense ; I am enveloped in a sense of XXXX and entrapment, with no apparent avenue for relief or support. The weight of this situation bears heavily upon me, leaving me desperate for a solution to help my family and restore the financial stability and security we once knew.