Consumer complaint received 2023-11-06
Company: Experian Information Solutions Inc.
State: GA
Product: Credit reporting or other personal consumer reports
Sub-product: Credit reporting
Issue: Problem with a company's investigation into an existing problem
Sub-issue: Their investigation did not fix an error on your report

Complaint:
NOTICE TO AGENT IS NOTICE TO PRINCIPAL NOTICE TO PRINCIPAL IS NOTICE TO AGENT. 

Experian Credit Reporting Agency is 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 personal and household purposes.

Experian Credit Reporting Agency inaccurate reporting has damaged my livelihood. As according to 15 U.S. Code 1681s2 - Responsibilities of furnishers of information to consumer reporting agencies ( a ) Duty of furnishers of information to provide accurate information ( 1 ) 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 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. 

[ pursuant to 1681i ( a ) ], a credit bureau must bear some responsibility for evaluating the accuracy of information obtained from subscribers. Id. ( citing Swoager v. Credit Bureau of Greater St. Petersburg, 608 F.Supp. 972, 976 ( M.D.Fla.1985 ) ).

Duty is a moral or legal obligation or responsibility Accurate correct in all detail, exactly free from error especially as the result of care Prohibition is a law or regulation forbidding something 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. 


As defined by The IRS Even if you didn't receive a form 1099-C, 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 REPORTS T which in fact makes your reporting of this account inaccurate.

By definition, the IRS clearly says a Cancelled Debt or Charge off is income. The reporting of this account as a debt is accurate.

15 USC 1681s-2 Say you are company is a furnisher of information for a consumer reporting agency. 

You are PROHIBITED BY LAW to furnish inaccurate information, I demand you to Cease and Desist the reporting of inaccurate information, immediately. 
.

15 USC 1681 s-2 ( a ) ( 1 ) ( A ) You are hereby put on NOTICE that you are furnishing incorrect inaccurate information.

I have put you on NOTICE that you are furnishing incorrect inaccurate information.

The lender must file Form 1099-C and send you a copy if the amount of debt cancelled is {$600.00} or more and the lender is a financial institution, credit union , federal government agency, or other applicable entity as documented earlier.

The above paragraph is taken directly from the IRS publication.

SEND ME MY FORM 1099-C which you should have sent when you filed the account as a canceled debt. My address is on file.

15 U.S. Code 1681s2 - ( a ) Duty of furnishers of information to provide accurate information ( 1 ) 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. 


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. Please see the attached documents showing inaccurate Reporting of the following accounts : XXXX XXXX XXXX Account # XXXX is showing inconsistent dates and inconsistent dates of the last activity are showing inconsistent. 
XXXX  XXXX XXXX XXXX XXXX is showing inconsistent dates and inconsistent dates of the last activity. 

The continued reporting of this inaccurate information of the Law 15 USC 1681 s-2 of your responsibilities as a furnisher of information.

Experian ( You ) have caused me and my family severe harm due to your negligence and inaccurate reporting. This is the final opportunity to CURE and DELETE this erroneous inaccurate account from my consumer report.

You have 10 calendar days to DELETE this ACCount from my Consumer Report. 

XXXX XXXX

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