Consumer complaint received 2020-07-28
Company: Lending Club Corp
State: NY
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Incorrect information on your report
Sub-issue: Account status incorrect

Complaint:
**PLEASE REVIEW CAREFULLYLOOK AT DOCUMENTS ATTACHED!!! 

On XX/XX/XXXX LendingClub falsely reported to the credit bureaus that my account was 120 days past due and charged off. On that date, my account was current. Any and all past due payments were cured on XX/XX/XXXX when LendingClub withdrew {$3000.00} from my XXXX account ending in XXXX. 

My monthly payment on the loan was {$950.00} and payments were due on the XXXX of each month. The XXXX XXXX ended with LendingClub reporting that all payments were made as required. Between XX/XX/XXXX and XX/XX/XXXX, LendingClub withdrew a total of {$8800.00} from my XXXX account ending in XXXX, which accounts for nine ( 9 ) monthly payments. The withdrawals were on : XX/XX/XXXX -- {$1400.00} XX/XX/XXXX -- {$1000.00} XX/XX/XXXX -- {$2300.00} XX/XX/XXXX -- {$1100.00} XX/XX/XXXX -- {$3000.00} Additionally, in early XXXX, prior to the XXXX withdrawals from the designated Chase account that was on file with LendingClub, the company withdrew payment from another of my bank accounts. My account was reported as current in XX/XX/XXXX. 


Later as shown above, by XX/XX/XXXX, another {$4100.00} was withdrawn from my account, which represents four months payments subsequent to XX/XX/XXXX ( when the account was current ). Therefore, my account was not 120 days past due on XX/XX/XXXX when LendingClub reported it as charged off. In fact, as of XX/XX/XXXX, my account was current and in good standing. Hence, on XX/XX/XXXX, when LendingClub reported to the credit bureaus that my account was 120 days past due, they provided inaccurate, misleading, and damaging information that is contradicted by evidence. See attached bank statements. 



I had previously contacted LendingClub directly regarding their failure to accurately report my payments and on XX/XX/XXXX they represented to me that they had send the changes to the credit bureaus. See email attached. Obviously, they did not. They mislead me to believe that they had corrected their blatant misrepresentation. Furthermore, many payments were made to LendingClub after XX/XX/XXXX, yet they did not report any payment to the credit bureaus. LendingClub has misrepresented my payment history to the credit bureaus and has caused me harm. Their practice towards me has been Unfair, Misleading, Discriminatory, Deceptive and Damaging. 

I hereby request that LendingClub : ( 1 ) provide me with an accounting ; ( 2 ) cease and desist their unfair, deceptive, dishonest, discriminatory and damaging practice towards me and provide accurate data to the credit reporting bureaus regarding my account ; and ( 3 remove this account from my credit report that is plagued with inaccurate information and that has caused great harm. 

LendingClub should take responsibility for their error and the harm that they have caused economically and emotionally. As long as I continue to be harmed, I will continue to report this to all the appropriate Agencies and the New York State Attorney General until action is taken again LendingClub. Again, I implore the CFPB to thoroughly review and investigate this matter. Many consumers are affected by LendingClubs unfair, deceptive, and misleading practices.

Company response to consumer: Closed with explanation