Consumer complaint received 2023-01-27
Company: EQUIFAX, INC.
State: PA
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Improper use of your report
Sub-issue: Reporting company used your report improperly

Complaint:
To whom it may concern : Your company is furnishing inaccurate and incorrect information on my credit file. 
The reporting of the inaccurate information on my file is causing sever damage to my character, my reputation, my general of living and my ability to obtain credit for personal and household purposes. You and your inaccurate reporting have damage my livelihood.

15 U.S. Code 1681s2 - Responsibilities of furnishers of information to consumer reporting agencies ( a ) Duty of furnishers of information to provide accurate information ( 1 ) Prohibition ( A ) Reporting information with actual knowledge of errors A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate.

( B ) Reporting information after notice and confirmation of errors A person shall not furnish information relating to a consumer to any consumer reporting agency if ( i ) the person has been notified by the consumer, at the address specified by the person for such notices, that specific information is inaccurate; and ( ii ) the information is, in fact, inaccurate.

Duty : a moral or legal obligation accurate : correct in all details exact Prohibition : the law or regulation forbidding by law As defined by the IRS Even if you didn't receive a form 1099c, you must report canceled debt as gross income on your tax return.

The IRS defines a charge off as gross income, INCOME DOES NOT GET REPORTED ON A CREDIT REPORT AS A DEBT, which makes your reporting inaccurate.

By Definition a canceled debt or charge off is income, m the reporting of this account is inaccurate 15 USC 1681s ( 2 ) received a furnished information from a data furnisher and placed it on my report, you are prohibited by law to cease and desist there porting of this information.

15 UCS 1681s-2 ( a ) ( 1 ) ( A ) A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate.

You being put on NOTICE that you are reporting inaccurate information my credit file.

The lender must file a form 1099-c and send you a copy of the canceled if it is 600 or more and the lender is financial institution, credit union , federal government, or other applicable entity as discussed earlier in chapter 1.

The above paragraph is taken straight from a IRS publication 2022.

Send me MY form 1099-c that should you have sent me when you filed the account as a canceled debt.

15 U.S. Code 1681s2 - Responsibilities of furnishers of information to consumer reporting agencies ( a ) Duty of furnishers of information to provide accurate information ( 1 ) Prohibition ( B ) Reporting information after notice and confirmation of errors A person shall not furnish information relating to a consumer to any consumer reporting agency if ( i ) the person has been notified by the consumer, at the address specified by the person for such notices, that specific information is inaccurate ; and ( ii ) the information is, in fact, inaccurate.

In conclusion you have been put on notice of the inaccurate information on my credit file. The continued reporting reporting of this information is a clear violation of the LAW 15 USC 1681s-2 of your responsibilities as reporting agency.

You have caused me and my family due to the negligence and inaccurate reporting, this is a final opportunity to cure and delete tis erroneous inaccurate accounts from my credit file.Please see the account in question : XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX

Company response to consumer: Closed with explanation