Consumer complaint received 2023-10-12
Company: JPMORGAN CHASE & CO.
State: DE
Product: Payday loan, title loan, personal loan, or advance loan
Sub-product: Personal line of credit
Issue: Improper use of your report
Sub-issue: Reporting company used your report improperly

Complaint:
I received a letter that tour my credit score apart! Per the law! I can not be denied credit at no time. My credit score was XXXX, before Chase and now it's at a XXXX. And they gave me bogus reasons why I was denied credit. 

ACCORDING TO THE LAW ... CHASE BANK ISN'T ABOVE THE LAW ... also referenced by congress as a credit card, pursuant 15 USC 1602 ( l ) The term credit card means any card, plate, coupon book or other credit device existing for the purpose of obtaining money, property, labor, or services on credit. '' The purpose of this consumer credit transaction was to obtain a credit card, I was denied access to my open-ended credit. As a consumer, natural person, and original creditor I have an open-ended credit plan, it is unlawful to deny me of my own credit. I am requesting that your department reassess my consumer credit transaction/application and approve my application. Denying me access to my open-ended is unlawful and goes against congressional law, which makes your organization civilly liable for non-compliance pursuant 15 USC 1681o , 15 USC 1640, 15 USC 1691e . Furthermore, pursuant to 15 USC 1691 ( a ) - Activities constituting discrimination, do so state " It shall be unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction '' A denial of my open-ended consumer credit constitutes to discrimination. Pursuant XXXX XXXX XXXX XXXX and Duties of Banks and XXXX XXXX have power to borrow money, issue bonds and debentures, therefore you are unable to lend a consumer, natural person, and original creditor anything. 

United States of America! I have attached links to congressional law for reference. https : XXXX 15 USC 1602 hXXXX XXXX XXXX 15 USC 1637 XXXX XXXX XXXX15 USC 1640 XXXX XXXX XXXX 15 USC 1681XXXX XXXX XXXX XXXX 15 USC 1691e XXXX XXXX XXXX 12 USC 1431 The Consumer Financial Protection Bureau has issued regulations under ECOA XXXX These regulations, known as Regulation B, provide the substantive and procedural framework for fair lending. 
the Department 's authority to prosecute matters extends only to those instances of a pattern or practice of discrimination on a prohibited basis, individuals who believe that they are the victims of unfair discrimination in a credit transaction should contact the appropriate regulatory agency. The agencies and the types of creditors that they regulate for purposes of compliance with ECOA are as follows : Consumer Financial Protection Bureau [ CFPB ] : Banks, savings associations, and credit unions with total assets of over {$10.00} XXXX and their affiliates. Also shares enforcement authority with the Federal Trade Commission over mortgage brokers, mortgage originators, mortgage servicers, lenders offering private educational loans, and payday lenders regardless of size. Comptroller of Currency [ OCC ] : National banks, Federal savings associations and Federal branches/agencies of foreign banks with total assets of under {$10.00} XXXX ( the words " National '' or " Federal '' or the initials " N.A. '' or " F.S.B. '' appear in or after the bank 's name ). Federal Reserve Board [ FRB ] : Financial institutions with total assets of under {$10.00} XXXX that are members of the Federal Reserve System, except national banks and federal branches/agencies of foreign banks. Federal Deposit Insurance Corporation [ FDIC ] : State chartered banks with total assets of under {$10.00} XXXX that are not members of the Federal Reserve System. National Credit Union Association [ NCUA ] : Federal credit unions ( the words " Federal credit union '' appear in the institution 's name ) .

Federal Trade Commission [ FTC ] : Retailers , finance companies, creditors that are not exclusively assigned to another agency. 16 CFR 433.2 ( a ) - The right as a debtor to invoke any claim and defense against any seller creditor of goods and services in connection with a consumer credit transaction. 1692 ( a ) - Consumer has a right to privacy 1681 ( b ) - CRAs must follow reasonable procedures. Must be fair and equitable to the consumer. So now my social will be used in trading ... Now my credit report is being hit and have taken a drop due to FRAUD, WIRE FRAUD. So therefore my RIGHTS WERE REVOKED DUE TO FRAUD. 

16 CFR 433.2 ( a ) - The right as a debtor to invoke any claim and defense against any seller creditor of goods and services in connection with a consumer credit transaction.

1692 ( a ) - Consumer has a right to privacy 1681 ( b ) - CRAs must follow reasonable procedures. Must be fair and equitable to the consumer 1681a ( 2 ) ( A ) ( iii ) - The consumer must be given a chance to direct the information whether they want the information about a transaction they had to be reported or not. { ACCOUNT NAME AND NUMBER } not being reported and is a violation of 15 U.S. Code 1681a ( 2 ) ( A ) ( iii ) and must be removed.

15 U.S.Code 1681a ( 2 ) ( B ) - if a transaction was authorized by your social security card, the real credit card first defined under the Truth in Lending Act, this transaction must be excluded from your consumer report.

All of these laws by the United States of America, government was broken.

FDCPA TITLE 15 1692 ( a ) - Consumer has a right to privacy 1692b ( 2 ) - states a consumer owes any debt. If the debt has been reported this is a violation of 1692b ( 2 ) 1692d Debt collector may not engage in any conduct ( no restriction ) which will harass, oppress or abuse any person in connection with the collection of a debt. Oppressing a right would be conduct not allowed from 1692d.

1692d ( 1 ) - Threats of violations, or criminal means to harm the reputation or property of any person.

1692e ( 1 ) Any use of any false, deceptive or misleading representation, or means in connection with the connection with the collection of any debt.

1692e ( 2 ) ( A ) - false character, amount, or legal status of any debt.

1692e ( 3 ) - You can not be a debt collector and an attorney at the same time.

1692e ( 4 ) - Foreclosures, Repossessions, Wage garnishment, or arrests are all illegal in the collection of any debts.

1692k ( a ) ( 1 ) - Allows for any action of damage.

FCRA 15 U.S.Code 1681 ( a ) ( 4 ) - Consumers right to privacy 1681 ( b ) - CRAs must follow reasonable procedures. Must be fair and equitable to the consumer 1681a ( f ) - Consumer reporting agencies - Examples are XXXX, XXXX, XXXX. However there are over 300+ agencies who collect, house , and sell your information. Any person who produces a consumer report would be a CRA. https : //files.consumerfinance.gov/f/docum ents/cfpb_consumer-reporting-companieslist.pdf AFFIDAVIT Notice, it is a fact, affiant is aware { COMPANY NAME } is a consumer reporting agency pursuant to 15 U.S.Code 1681a ( f ) due to their business practices of collecting monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties, and which uses any means or facility of interstate commerce for the purpose of preparing or furnishing consumer reports. 15 U.S.Code 1681a ( f ) 15 USC 1681a ( f ) 1681a ( 2 ) ( A ) ( iii ) - The consumer must be given a chance to direct the information whether they want the information about a transaction they had to be reported or not. { ACCOUNT NAME AND NUMBER } not being reported and is a violation of 15 U.S. Code 1681a ( 2 ) ( A ) ( iii ) and must be removed.

15 U.S.Code 1681a ( 2 ) ( B ) - if a transaction was authorized by your social security card, the real credit card first defined under the Truth in Lending Act, this transaction must be excluded from your consumer report.

1681a ( q ) ( 3 ) - Identity Theft definition, similar to REG V 12 CFR 1022.3 1681b ( a ) ( 2 ) - CRAs need written instruction to make a consumer report by the consumer.

1681b ( c ) ( 1 ) ( A ) ( B ) ( i ) ( 3 ) - Unauthorized inquiries 1681b ( e ) ( 6 ) - All CRAs must work together and be joined.

1681e ( b ) - must maintain maximum possible accuracy.

1681i ( 6 ) ( A ) 1681i ( 6 ) ( A ) - failed demand to comply or failure to comply 1681n ( a ) ( 1 ) ( A ) - willful failure to comply with any requirement under the FCRA is damages up to {$1000.00} 1681s-2 ( a ) ( 1 ) ( B ) - After a dispute, the information can not be furnished if the information is in fact inaccurate.

TILA 15 U.S.Code 1640 ( a ) 1640 ( a ) - For each violation of TILA is double the finance charge when it comes to consumer credit transactions. This doesn't mean if you find multiple TILA violations there is only double the finance charge one time. Each violation is double the finance charge. In a lease each violation is 2000 dollars. If there is no security interest its XXXX per violation or higher depending on a pattern of failures aka R.I.C.O. charges.

15 USC 1635 ( b ) - Right to rescission with the right to keep the property, return of any money involved in the transaction ECOA ( Equal Opportunity Credit Act ) 15 U.S. Code 1691 1691 ( a ) ( 3 ) - it is unlawful to discriminate in any aspect against anyone who exercised their right in good faith. Credit is the right granted under title 1602 ( f ) GLBA Gramm-Leach-Bliley Act 15 U.S. Code 6801 ( a ) - privacy of nonpublic personal information.

15 U.S.Code 6801 ( b ) ( 3 ) 15 U.S. Code 6801 ( b ) ( 3 ) - protect against authorized access or use.

15 U.S. Code 6802 ( b ) ( a ) ( A ) ( B ) ( C ) - The right to opt out, the right to have the information clearly and conspicuously disclosed and consumers directing that information not to be disclosed and explanation to how to opt out of reporting.

15 U.S. Code 1 - Restriction of trade of U.S. goods. This denial is a restraint of trade in commerce with violating anti-trust laws under 15 U.S.Code 1. This violation can result in a XXXX to the employee to denied trade within the U.S. or XXXX for the organization. 

15 U.S.Code 77q - securities fraud 18 U.S. Code 8 - All debts obligations of the U.S. and its corporations.

18 U.S. Code 3571 - Sentence of ( Cost of each ) fine 18 U.S. Code 1001 - Falsified documents 18 U.S. Code 241 - Conspiracy against rights 18 U.S. Code 242 - Color of law, deprivation of rights.

18 U.S. Code 894 - Collection of extension of credit by extortionate means 18 U.S. Code 1028 - Fraudulent use of identification documents 18 U.S. Code 1028A - Aggravated
identity theft 18 U.S. Code Chapter 96 - Racketeering 18 U.S. Code 894 - Harming reputation of consumer by extortionate means 18 U.S. Code 891 - ( definitions ) extortionate means 18 U.S. Code 657 - Remittance enforcement 18 U.S. Code 876 - Mailing threatening communications 18 U.S. Code 1341 - Fraud and swindle someone with a false loan 18 U.S. Code 1342 - Fictitious Name of Address 18 U.S. Code 1343 - Wire Fraud 18 U.S. Code 1344 - Bank Fraud 16 CFR 433.2 ( a ) - The right as a debtor to invoke any claim and defense against any seller creditor of goods and services in connection with a consumer credit transaction. 

OPEN END CREDIT 16 CFR 433.3 ( b ) ( 2 ) - Open end credit arising from a consumer credit transaction. Pursuant to 12 CFR 1002.2 ( a ), Account means " open end credit. '' Your account number is the reference or instrument associated with that open end credit. AFFIDAVIT Notice, it is a fact, affiant is aware and has proof in EXHBIT ( -- ) of my consumer credit contract in accordance with 16 C.F.R. 433.1 ( i ) which is any instrument which shows evidence of indebtedness which is again shown in EXHIBIT ( -- ) from a finance sale or purchase money loan, or cash advance which the affiant has reason to believe and do so believes the financial institution received from the U.S. Treasury, its successors or assigns, because the term open end credit refers to an account which consumer credit was extended. Pursuant to 12 C.F.R. 1002.2 ( a ), Account is open end credit and my account number which is my social security number is evidence of this fact.

So now my social security number is being floated around in the trading world!

I don't understand, why the FTC, Banking Commission and the Attorney General doesn't know about these fraudulent practices- performed on consumers. It's a disgrace.

Company response to consumer: Closed with explanation