Product: Credit reporting or other personal consumer reports

Consumer Financial Protection Bureau XXXX XXXX XXXX XXXXXXXX XXXX, D.C. XXXX Subject : Formal Dispute of Charge-Off Account Information on My Consumer Report Dear Consumer Financial Protection Bureau , I am writing to dispute the accuracy and validity of a charge-off account that has been reported on my consumer report. Under the Fair Credit Reporting Act ( FCRA ), 15 U.S.C. 1681 et seq., I have the right to accurate and complete information in my credit reports. I believe the information regarding this charge-off account is inaccurate and/or incomplete, and I request an immediate investigation into this matter. 

XXXXXXXX XXXX XXXXXXXX XXXX. Late Payment Reporting XX/XX/XXXX : o XXXX : Charge Off ( " CO '' ) o XXXX : Charge Off ( " CO '' ) o Equifax : OK ( on-time ) XX/XX/XXXX : o XXXX : Charge Off ( " CO '' ) o XXXX : Charge Off ( " CO '' ) o Equifax : XXXX ( on-time ) XX/XX/XXXX : o XXXX : Charge Off XXXX " CO '' ) o XXXX : Charge Off ( " CO '' ) o Equifax : OK ( XXXX ) Equifax reports " OK '' ( XXXX ) for XXXX, XXXX, and XX/XX/XXXX, while XXXX and XXXX report " CO '' ( XXXX Off XXXX. The inconsistency indicates a discrepancy in Equifax 's reporting. 

XXXX. High Credit Discrepancy High Credit : o XXXX : {$1600.00} o XXXX  : {$0.00} o Equifax : {$1600.00} XXXX incorrectly reports the High Credit as {$0.00}, which contradicts the amounts reported by XXXX and Equifax. 
XXXX. Last Reported Date Discrepancy Last Reported Date : o XXXX : XX/XX/XXXX o XXXX  : XX/XX/XXXX o Equifax : XX/XX/XXXX Equifax reports an earlier " Last Reported Date '' compared to XXXX and XXXX, indicating potentially outdated information. 
XXXX. Date Last Active Discrepancy Date Last Active : o XXXX : XX/XX/XXXX o XXXX  : XX/XX/XXXX o Equifax : XX/XX/XXXX Equifax reports an earlier Date Last Active compared to XXXX and XXXX, which XXXX be inaccurate. 





Field XXXX XXXX Equifax Issue Late Payments ( XXXX ) CO CO XXXX Equifax XXXX XXXX OK '' while others report Charge Off ( " CO '' ). 
XXXX XXXX {$1600.00} {$0.00} {$1600.00} XXXX incorrectly reports {$0.00} for XXXX XXXX. 
Last Reported Date XX/XX/XXXX XX/XX/XXXX XX/XX/XXXX Equifax reports an earlier Last Reported Date. 
Date Last Active XX/XX/XXXX XX/XX/XXXX XX/XX/XXXX Equifax reports an earlier Date Last Active compared to the others. 
Comments '' Charged off ... '' '' Closed due ... '' '' Charged off ... '' Comments are inconsistent across bureaus. 

Applicable Legal Basis for Dispute 1. Verification Requirement ( 15 U.S.C. 1681i ) : - The FCRA mandates that all disputed information be verified within 30 days of a consumers dispute. If the information can not be verified, it must be corrected or deleted.

2. Obligation of Accuracy ( 15 U.S.C. 1681e ( b ) ) : - Consumer reporting agencies must ensure maximum possible accuracy of the information in consumer reports. The inaccurate or unverifiable information regarding the charge-off account violates this requirement. 
3. Re-Aging of Debt ( 15 U.S.C. 1681c ) : - The FCRA prohibits re-aging of old debt. If the date of first delinquency is inaccurately reported, the charge-off may appear on my credit report longer than the allowed 7 years.

4. Validation of Debt ( Fair Debt Collection Practices Act, 15 U.S.C. 1692g ) : - Under the FDCPA, if the debt is being collected by a third party, I have the right to request validation of the debt, including proof of ownership and the amount owed. If the creditor or collection agency can not validate the debt, it must be removed.