Product: Credit reporting or other personal consumer reports

[ XXXX XXXX ] [ XXXX XXXX XXXX XXXX unit XXXX ] [ XXXX, Ga, XXXX ] [ XXXX ] [ XXXX ] [ Date : XX/XX/year> ] ATTN : Consumer Financial Protection Bureau ( CFPB ) XXXX XXXX XXXX XXXX XXXX, XXXX XXXX Equifax Information Services LLC XXXX XXXX XXXX XXXX, GA XXXX XXXX XXXX XXXX [ XXXX XXXX XXXX ] XXXX, XXXX Subject : Formal Complaint and Demand for Arbitration Regarding False Reporting and Account Manipulation To Whom It May Concern, I am writing to formally lodge a complaint against Equifax and World Acceptance Corporation ( hereafter referred to as World ) regarding the illicit reporting and manipulation of an alleged account that has been closed and charged off for over XXXX years. I believe that both Equifax and XXXX have engaged in abusive practices regarding the reporting of this account, causing severe harm to my credit profile and financial well-being. 

**Alleged Account Details : ** - Account Holder : [ XXXX XXXX ] - Account Number : [ XXXX ] - Original Creditor : XXXX XXXX XXXX XXXX Date of Charge-Off : [ XXXX ] **Nature of the Complaint : ** Recently, I discovered that my credit report contains false information regarding an alleged account that was charged off approximately XXXX years ago. Specifically, the account has ongoing accruing balances reported under a fraudulent deferred code of XXXX. As per the guidelines of the Fair Credit Reporting Act ( FCRA ), a charged-off account should not exhibit any balances or activity after the charge-off date. However, this false reporting continues to damage my credit score and misrepresent my creditworthiness. 

Further attempts to resolve this matter have been complicated by fraudulent submissions of duplicate complaints as well as false claims or contact with alleged debtors, which have only delayed the resolution process. Despite several attempts to dispute this information directly with Equifax and XXXX XXXX XXXX, I have yet to receive a satisfactory resolution. My disputes have gone unacknowledged, and the erroneous information persists, leading me to believe that this matter can not be resolved without formal intervention. 

**Demand for Resolution : ** XXXX. **Immediate Cease of False Reporting : ** I demand Equifax and XXXX cease the fraudulent reporting of accruing balances associated with the alleged account and correct any false information listed on my credit report. 

XXXX. **Compensation for Damages : ** I request a detailed explanation and compensation for the damages incurred due to the false reporting, including but not limited to the impact on my credit score and emotional distress caused by this situation. 

XXXX. **Arbitration : ** Should this issue remain unresolved within a reasonable timeframe, I am formally demanding arbitration to seek resolution. This will serve not only to potentially restore my creditworthiness but also to hold accountable any parties responsible for this fraudulent activity. 

**Supporting Documentation : ** Attached are copies of the following documents to support my complaint : - A copy of my credit report highlighting the disputed alleged account. 
- Correspondence with Equifax and XXXX XXXX XXXX regarding my dispute. 
- Any additional documentation evidencing my claims. 

I kindly urge you to treat this matter with the seriousness it deserves. The manipulation of accruing balances on an alleged closed account, particularly under a fraudulent code, is not only unethical but may also violate several laws and regulations meant to protect consumers. 

Please acknowledge receipt of this complaint and provide me with information on the next steps. I look forward to your prompt attention to this serious matter, and I hope to resolve this issue swiftly. 

Thank you for your time and assistance. 

Sincerely, [ XXXX XXXX ] **Enclosures : ** - [ List of attached documents ]