Consumer complaint received 2023-07-21
Company: ALLIANT CREDIT UNION
State: SC
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:
XXXX. Date of loan : XX/XX/2022 XXXX. XXXX XXXX : {$33000.00}. 
XXXX. Informed of a Deliquent Account by XXXX XXXX Delinquent Account detected on your credit file the following change to your credit file has been detected : Change : Delinquent Account Company : XXXX XXXX XXXX Reported by : XXXX What does this mean? 
One of your accounts is delinquent. A delinquent account may be reported to the credit bureaus 30 days or more after you miss a payment. Some creditors report late payments when they're 60 days past due. 

What should I do now? 
If you recognize this activity, you can ignore this alert. If not, log in for more details. 

Log In Now Sincerely, XXXX XXXX  XXXXTruth in Lending Disclosure Statement Lender Alliant Credit Union XXXX XXXX XXXX XXXX XXXX XXXX IL XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, SC XXXX ANNUAL PERCENTAGE RATE The cost of your credit as a yearly rate. 
FINANCE CHARGE The dollar amount the credit will cost you. 
Amount Financed The amount of credit provided to you or on your behalf. 
Total of Payments The amount you will have paid after you have made all payments as scheduled. 
20.74 % {$20000.00} {$33000.00} {$53000.00} Your payment schedule will be as follows : Number of Payments Amounts When Payments Are Due XXXX {$890.00} Your first payment will be due one month after the issuance of your loan and then monthly thereafter. Payments are due on the same date each month. If your due date is the XXXX, XXXX, or XXXX, and the current month is shorter, your payment will be on the last day of the month. 
XXXX {$890.00} Your last payment will be due 60 months from the issuance date of your loan. 
Late Charges : If your payment is late, you will NOT be charged a late fee. 
Prepayment Policy : If you pay early, you will not have to pay a penalty. 
See your contract documents for any additional infromation about nonpayment or default. 
Itemization of Amount Financed Itemization of Amount Financed {$33000.00} Amount Paid Directly to You {$33000.00} Prepaid Finance Charge {$1700.00} Itemization of Prepaid Finance Charge : Origination Fee {$1700.00} The Origination Fee is the entire up front cost of your loan and is the only prepaid finance charge. 
Amount paid to others on your behalf may differ from the itemization above if direct payment attempts are unsuccessful. 
Military Lending Act Federal law provides important protections to members of the XXXX XXXX and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the XXXX XXXX and his or her dependent may not exceed an annual percentage rate of XXXX percent. 
This rate must include, as applicable to the credit transaction or account : The costs associated with credit insurance premiums ; fees for ancillary products sold in connection with the credit transaction ; any application fee charged ( other than certain application fees for specified credit transactions or accounts ) ; and any participation fee charged ( other than certain participation fees for a credit card account ). 
If you would like to discuss the above disclosure or your payment obligation, please call us at

Company response to consumer: Closed with explanation