Consumer complaint received 2023-08-23
Company: Experian Information Solutions Inc.
State: FL
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Incorrect information on your report
Sub-issue: Information belongs to someone else

Complaint:
Incorrect Reporting of Business Debts on Personal Credit Report - Pre Demand Letter Account : Professional Debt Mediation To Whom It May Concern, I am writing to address a serious matter of erroneous information being reported on my personal credit report. It has come to my attention that Experian has repeatedly failed to rectify the inaccurate reporting of business debts on my personal credit report, despite my consistent efforts to correct this misinformation. 

Since XXXX, I have disputed these debts numerous times through various channels, including direct communication with the XXXX XXXX XXXX XXXX XXXX, in order to rectify this situation. The creditor responsible for reporting these debts is XXXX XXXX XXXX ( XXXX ). In fact, I possess a signed letter from the CEO of XXXX acknowledging that the debts in question are indeed business-related and should not be adversely affecting my personal credit history. 

It is disheartening that Experian has continued to overlook my pleas and has instead marked these disputed accounts as " XXXX '' without conducting thorough investigations or appropriately addressing my concerns. This blatant disregard for my rights as a consumer and the accuracy of my credit information is both disconcerting and frustrating. 

The misreporting of these business debts on my personal credit report is in clear violation of the Fair Credit Reporting Act ( FCRA ), which mandates that credit reporting agencies maintain accurate and fair consumer credit reports. Sections 623 ( a ) ( 1 ) ( A ) and 623 ( a ) ( 1 ) ( C ) of the FCRA require that Experian accurately and promptly investigate disputes raised by consumers and rectify any inaccuracies found. Furthermore, the Uniform Commercial Code ( UCC ) and other applicable state and federal laws govern the accurate representation of debt classifications. 

The damage I have suffered due to Experian 's negligence is extensive and far-reaching. As a direct result of the erroneous reporting, I have been denied credit for critical financial endeavors, including securing a home, pursuing business opportunities, and making investments. This has not only impeded my financial progress but has also caused significant emotional distress and damage to my overall well-being. 

I am hereby seeking redress for the various types of damage I have endured due to Experian 's failure to comply with relevant laws and regulations. These damages, both monetary and non-monetary, amount to a total of {>= $1,000,000}. This figure accurately represents the cumulative harm inflicted upon me as a result of the improper reporting of business debts on my personal credit report. 

I have attached copies of the following documentation for your reference : 1. Letter from XXXX CEO acknowledging the business nature of the debts. 
2. Dispute records indicating Experian 's " VERIFIED '' status despite the glaring inaccuracies. 
XXXX. Evidence of the fluctuating debt amounts reported by XXXX since late XXXX. 

In light of the aforementioned violations and the damages I have suffered, I implore Experian to take immediate corrective action. I kindly request that Experian undertakes a thorough investigation into the accuracy of the reported debts, promptly removes them from my personal credit report, and provides written confirmation of the resolution. 

Please be advised that if I do not receive a satisfactory response from Experian by XX/XX/XXXX, I will have no choice but to escalate this matter to the legal sphere. I am prepared to pursue legal action in order to secure the justice and restitution I am rightfully owed. 

I trust that Experian will recognize the gravity of this situation and will take the necessary steps to rectify these injustices. I eagerly await your timely response. 

Sincerely, XXXX XXXX

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation