Consumer complaint received 2023-01-30
Company: OneMain Finance Corporation
State: NC
Product: Payday loan, title loan, or personal loan
Sub-product: Title loan
Issue: Vehicle was damaged or destroyed the vehicle

Complaint:
XXXX XXXX One Main Financial XXXX XXXX XXXX XXXX XXXX, IN XXXX Certified mail receipt # XXXX NOTICE TO AGENT IS NOTICE TO PRINCIPAL NOTICE TO PRINCIPAL IS NOTICE TO AGENT One Main Financial you are furnishing inaccurate and incorrect information to the consumer reporting agencies. 
The reporting of such inaccurate information has caused severe damage to my character, my reputation, my general mode of living and my ability to obtain credit for personal house purposes. 
You and your inaccurate reporting have damaged 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 ( XXXX ) 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 ; responsibility Accurate-correct in all details, exact. 
Prohibition- a law or regulation forbidding something As Defined by the IRS XXXX if you didnt receive a XXXX, you must report canceled debt as gross income on your tax return. 

The IRS clearly defines a charge off as gross or Ordinary income, INCOME DOES NOT GET REPORTED ON THE CONSUMER REPORT which in fact makes your reporting of this account inaccurate By Definition the IRS XXXX says a Cancelled debt or charge off is Income. The reporting of this account as a debt is inaccurate. 

15 USC 1681s-2 says you One Main Financial are a furnisher of information to a consumer reporting agency. 

You Are PROHIBITED BY LAW to furnish inaccurate information. I demand you Cease and Desist the reporting of incorrect/ inaccurate information immediately.

15 USC 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 are hereby put on NOTICE that you are furnishing incorrect inaccurate information. 

The lender must file XXXX and send a copy if the amount of debt cancel is {$600.00} or more and the lender is a financial institution, credit union XXXX federal government agency or other applicable entity. 

Above the paragraph is taken directly from the IRS 2022 publication. SEND ME MY FORM XXXX that you should have sent when you filed the account as a cancelled debt. 

My address is listed below! 

15 U.S. Code 1681s2 ( a ) DUTY OF FURNISHERS OF INFORMATION TO PROVIDE ACCURATE INFORMATION XXXX ) 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, I have shown you and you have been put on notice that you are reporting inaccurate information. The information is, in fact inaccurate. The continued reporting of this inaccurate information is a clear violation of the Law 15 USC 1681s-2 of your responsibilities as a furnisher of the information. You have caused me and my family severe harm due to your negligence and inaccurate reporting. This is a final opportunity to Cure and DELETE this Erroneous, inaccurate account form my Consumer report.

YOU HAVE 1O Calendar days to DELETE THIS ACCOUNT FROM MY CONSUMER REPORTS! 

XXXX XXXX

Company response to consumer: Closed with explanation