Consumer complaint received 2023-09-12
Company: Experian Information Solutions Inc.
State: GA
Product: Credit reporting or other personal consumer reports
Sub-product: Credit reporting
Issue: Improper use of your report
Sub-issue: Reporting company used your report improperly

Complaint:
Account information displayed on Experian, XXXX, and XXXX is inaccurate and incomplete on all accounts listed on consumer report. XXXX XXXX XXXX XXXX in particular is listed as a loan type knowing this was not a loan. This was a credit transaction for a credit sale, and I was not loaned any goods or services. It is a violation of the FCRA to knowingly furnish false and misleading information. Experian is reporting portfolio type information in the account type field therefore causing inaccurate and incomplete information on all accounts above. Experian is not following the guidelines of Metro 2 that are in place to ensure fair credit weighing and reporting. 

XXXX XXXX was mailed a billing error pursuant to 15 U.S.C 1666 and therefore did not have and currently does not have the right to report payments as late pursuant to 15 U.S.C 1666a. Reporting payments as late is a clear violation of 15 U.S.C 1666 when said payments are in a billing error status. XXXX XXXX does not mail out disclosures as required by 15 U.S.C 1666b timing of payments. It would be impossible for XXXX XXXX to mail out disclosures at least 21 day prior to due date because they want a payment every two weeks, which is only 14 days.

15 U.S.C 1681 a ( d ) ( 2 ) ( A ) ( i ), clearly states that transactions report containing information solely as to transactions or experiences between the consumer and the person/ corporation making the report is NOT included in the consumer report. However, Experian is reporting this information. The reporting of excluded information pursuant to 15 U.S.C 1681 a ( d ) ( 2 ) ( A ) ( i ) on a consumer report is a clear violation of Metro 2 Compliance. Provide me with the Metro 2 compliance disclosure on reporting transactions to a consumer reporting agency. 

I need the transactions reporting as late, collection, charge off status, and any other derogatory information deleted from my consumer report effective immediately. Please do not reply stating these accounts are verified or validated, as I am not requesting Experian and its affiliates to verify or validate anything. If this is done it will not be in XXXX XXXX but merely seen as a tactic to waste my time and further damage the livelihood of my family and me. 

All negative accounts have been placed in Collection/Charge-Off Status WITHOUT mailing me a Copy B of the 1099-C cancellation of debt. Experian and the creditors reporting collections/Charge-Offs, lates payments/ any other derogatory information in my consumer report are in violation of 26 U.S.C ss 6050P Returns Relating to the Cancellation of Indebtedness By Certain Entities. If the forementioned derogatory account information is not deleted from my consumer report in a timely manner I will be forced to officially file IRS form 3949A and 211 against all entities involved.

The current status of my accounts is not correct. The report is not complaint with metro 2 guidelines. 
Charge offs is considered income by the IRS and should not reflect on a consumer report. 
False and misleading information on report.

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