Consumer complaint received 2023-08-22
Company: EQUIFAX, INC.
State: TX
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Problem with a credit reporting company's investigation into an existing problem
Sub-issue: Their investigation did not fix an error on your report

Complaint:
Under Section 611 of the Fair Credit Reporting Act ( FCRA ), consumers have the right to dispute any inaccurate or incomplete information on their credit reports. This section places specific responsibilities on both the credit reporting agencies ( CRAs ) and the information furnishers, ensuring that consumer disputes are handled accurately and fairly. am writing to file a formal complaint against the credit reporting agencies CRA Equifax, regarding the inaccurate reporting of non-compliant information on my consumer report. My efforts to address this matter directly with Equifax have yielded unsatisfactory results, prompting me to seek assistance from your agency. 

Background and Dispute Nature : On XX/XX/XXXX, I submitted certified mail dispute letter to Equifax, disputing the accuracy and compliance of information reported by XXXX XXXX Credit Card XXXX. Despite providing evidence and raising concerns about the information 's non-compliance with Metro 2 guidelines, Equifax that the information was Metro 2 compliant, despite the evident inconsistencies. These inaccuracies have had significant adverse effects on my financial well-being. 

Equifax Role and Responsibility : As the entities responsible for accurately reporting and maintaining consumer information, I am deeply concerned about the Equifax apparent lack of vigilance in upholding the integrity of the credit reporting system. Equifax play a crucial role in helping consumers access fair and accurate credit reports, which in turn impact their financial opportunities and well-being. In my case, Equifax failure to accurately report non-compliant information has led to severe financial and personal repercussions. 

Impact and Desired Resolution : Due to Equifax inaccurate reporting, I faced denials in securing housing to acquire a mortgage deal, which resulted in significant financial losses. I lost the opportunity to secure a mortgage deal due to the disputes being open, resulting in a " hard credit inquiries ''. This outcome not only affected my ability to secure housing but also negatively impacted my credit score and financial well-being. 

In light of these financial losses and hardships, I am requesting compensation of {$1000.00} per month from the time the inaccuracies were first reported. This compensation aims to address the difficulties I faced and the financial opportunities I missed due to Equifax inaccurate reporting of non-compliant information. 

| Reporting Discrepancies | Equifax | XXXX | XXXX | | -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -| -- -- -- -- -- -- -- -- -- -- | -- -- -- -- -- -- -- -- -- -- | -- -- -- -- -- -- -- -- -- -- | | Reported On Record To | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | | Last Payment Date | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | | Last Payment Date ( as per XXXX ) | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | | Last Payment Date ( as per XXXX ) | XX/XX/XXXX | XX/XX/XXXX | XX/XX/XXXX | | 30 Days Late in | - | XX/XX/XXXX | XX/XX/XXXX | | 30 Days Late in | XX/XX/XXXX | - | - | | 120 Days Late in | XX/XX/XXXX | XX/XX/XXXX | - | | 120 Days Late in | XX/XX/XXXX | XX/XX/XXXX | - |

Company response to consumer: Closed with non-monetary relief