Consumer complaint received 2024-01-08
Company: SYNCHRONY FINANCIAL
State: MO
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:
1. On XX/XX/XXXX, I pulled my credit report and discovered how Synchrony Bank has been furnishing non-public personal information such as income and transaction history to third party credit reporting agencies. Such is considered income due to the fact that the reported monthly amounts Synchrony Bank falsely claim is due to them ; are in fact interest/dividend/gains etc., released through the purchase of my note, being the derivative transaction of my tendered, endorsed and signed registered security, due and payable to the consumer. Per the Internal Revenue Service, charge-offs/gains are considered taxable income, and my income is non-public personal information that Synchrony Bank has furnished without my written or oral consent to the unauthorized agencies/non-affiliates XXXX, XXXX and XXXX. Those entities are 3rd party companies. 2. Due to the said actions of Synchrony Bank, I have faced socioeconomic discrimination in regard to credit transactions and I have been injured by the furnishings ( of my non-public personal information provided to a financial institution ) of the respondent. I have been denied credit and access to my human right of realization pursuant to 42 USC 1981. Pursuant to 15 USC 1681b Permissible Purposes ( 2 ), the respondent was never granted written consent. If in any way the respondent was granted written consent, it was granted to the respondent by way of extrinsic fraud and I the consumer rescind the respondent 's authority. The respondent 's unauthorized actions act as unauthorized use of my credit card and the action taken against me has caused emotional damage and distress. It is humiliating and embarrassing being denied my own credit. 3. Extrinsic fraud is an act of deception or misrepresentation outside the event itself which deprives the victim of material information or participation. Failing to inform the account holder [ omission ] of key material facts during the IPO is securities fraud. My original promissory note served as an application. Application means an oral or written request for an extension of credit that is made in accordance with procedures used by a creditor for the type of credit requested. See 12 CFR Subchapter A part 202. 4. Per the FCRA, the term consumer report does not include : Any report containing information solely about transactions or experiences between the consumer and the institution making the reportAny authorization or approval of a specific extension of credit directly or indirectly by the issuer of a credit card or similar device. Synchrony Bank has furnished my transaction history to credit reporting agencies. These actions have caused socioeconomic discrimination against me for I have been denied credit transactions due to the furnishing of the respondent. 5. I the consumer has never received a privacy notice. Privacy notices must be clear and conspicuous, meaning they must be reasonably understandable and designed to call attention to the nature and significance of the information contained in the notice. The regulation does not prescribe specific methods for making a notice clear and conspicuous but does provide examples of ways in which to achieve the standard, such as the use of short explanatory sentences or bullet lists and the use of plain-language headings and easily readable typeface and type size. Privacy notices also must accurately reflect the institutions privacy practices per Regulation P - Privacy of Consumer Financial Information. 6. If the respondent 's answer to this complaint is served upon me by an attorney or any member of the XXXX XXXX XXXX, I would hope they heavily consider their oath whereas it states " I solemnly swear that I will support the Constitution of the United States, that I will faithfully discharge the duties of the office of attorney, and that I will conduct myself at all times with integrity and civility. '' Any action against this oath is misconduct and actionable per se.

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