Consumer complaint received 2023-11-25
Company: MECHANICS BANK
State: CA
Product: Vehicle loan or lease
Sub-product: Loan
Issue: Improper use of your report
Sub-issue: Reporting company used your report improperly

Complaint:
MECHANICS BANK AUTO FINANCE is obligated under FCRA to report accurate accounting. Under 15 U.S.C 1681 ( a ) ( 4 ) There is a need to insure that consumer reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumers right to privacy. 

MECHANICS BANK AUTO FI is the financial institution and I am the Consumer. I have the right to make sure my private information isnt shared which is supported by 15 U.S.C 6801 ( a ) It is the policy of the Congress that each financial institution has an affirmative and continuing obligation to respect the privacy of its customers and to protect the security and confidentiality of those customers nonpublic personal information. 

The term nonpublic personal information means personally identifiable financial information ( i ) provided by a consumer to a financial institution ; ( ii ) resulting from any transaction with the consumer or any service performed for the consumer The financial institution definition under title 15 U.S.C 1681 section 604 a section 2 says " in general subject to subsection ( c ), any consumer reporting agency may furnish a consumer report under the following circumstances and no other : in accordance with the written instructions of the consumer to whom it relates. '' The financial institution MECHANICS BANK AUTO FI DO NOT HAVE MY CONSENT TO FURNISH THIS INFORMATION AND THEY DO NOT HAVE MY WRITTEN CONSENT. Any and all consent to MECHANICS BANK AUTO FI. Whether it be verbal, non-verbal, written, implied, or otherwise is revoked. 

15 USC 6802 ( b ) ( c ) states that " A financial institution may not disclose nonpublic personal information to a nonaffiliated third party unless the consumer is given an explanation of how the consumer can exercise the nondisclosure option.

MECHANICS BANK AUTO FI has NEVER informed me of my right to exercise my nondisclosure option. 

15 USC 1681C ( a ) ( 5 ) states " Except as authorized Under subsection ( b ), no consumer reporting agency may make any consumer report containing any of the following items of information any other adverse item of information, other than records of convictions of crimes which antedates the reporting by more than seven years. '' These accounts are adverse items they are reporting without my permission which is against the law. 15 U.S. Code 1681s2 ( A ) ( 1 ) A states " 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. 

15 U.S. Code 1681e states '' Every consumer reporting agency shall maintain reasonable procedures designed to avoid violations of section 1681c of this title and to limit the furnishing of consumer reports to the purposes listed under section 1681b of this title.

MECHANICS BANK AUTO FI you are not maintaining reasonable procedures. Also, 12 CFR 1016.7 states that " A consumer may exercise the right to opt-out at ANY TIME. '' I am opting out of your reporting services. 

SAID company is liable under the SEC to follow certain rules. California Replublic XXXX XXXX XXXX XXXX XXXX File Number : XXXX. SAID company is securitizing consumer data.

Company response to consumer: Closed with explanation