Consumer complaint received 2023-11-22
Company: Experian Information Solutions Inc.
State: TN
Product: Credit reporting or other personal consumer reports
Sub-product: Credit reporting
Issue: Improper use of your report
Sub-issue: Reporting company used your report improperly

Complaint:
According to the FAIR CREDIT REPORT ACT 15 USC 1681 section 602 which states, There is a need to ensure that Consumer Reporting Agencies exercise their grave responsibilities with fairness, impartiality and a respect for the Consumers right to privacy.

Accuracy and fairness of credit reporting. The Congress makes the following findings : ( 1 ) The banking system is dependent upon fair and accurate credit reporting. Inaccurate credit reports directly impair the efficiency of the banking system, and unfair credit reporting methods undermine the public confidence which is essential to the continued functioning of the banking system.

There are EXCLUSIONS that the Furnishers/Credit Reporters violated and theres other violations Ive learned and noticed.

[ 15 U.S.C. 1681a ] 603 ( 2 ) Exclusions. Except as provided in paragraph ( 3 ), the term consumer report does not include ( A ) subject to section 624, any ( i ) report containing information solely as to transactions or experiences between the consumer and the person making the report ; ( Furnisher of information to credit agencies ), the Financial Institutions and the Consumer reporting agencies XXXX, XXXX and Experian has posted Charge offs, which is a type of TRANSACTION, and a direct violation. According to Title 26 USC 6050P- I was not provided any written statement of the discharge, nor received any 1099C of the Cancellation, as well as the accounts has been reported this way, well past 3yearsif and which when reported to the IRS is considered INCOME.

According to Tile 15 USC 1681a 2 ( i ) the reports has violated the EXCLUSION, since reporting a Transaction and an experience by the consumer and person.

I right to make sure my private information isnt shared, as this 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 non-public personal information. And they May Only furnish in accordance with the WRITTEN instructions of the consumers to whom it relates.

( Furnisher of information to credit agencies ) the financial institution and the Consumer reporting agencies XXXX, XXXX and Experian did not and do not have my consent to furnish this information and they surely do not have my written consent. Any and All consent to XXXX, XXXX and Experian, ( Furnisher of information to credit agencies ) 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 non-public personal information to a non-affiliated third party unless the consumer is given an explanation of how the consumer can exercise that nondisclosure option. '' ( Furnisher of information to credit agencies ) Never informed me of my right to exercise my nondisclosure option. Not only that 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 report by more than seven years. '' This account is an adverse item they are reporting again without my permission ; which is against the law.

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. XXXX, XXXX and Experian 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.

15 USC 1681b ( 1 ) Permissible Purpose of Credit Report violation due to NOT having any Court order, Subpoena issued to any of these Credit Reporting agencies ( 2 ) Nor have any written instructions by me to use or furnish or publish these ADVERSE and DEROGATORY reports.

15 USC Chapter I. 6802 ( a ) OPT-OUT : The ( Furnisher of information to credit agencies ), Financial institutions MAY NOT disclose to a Non-affiliated Third Party any non-public information and ( b ) Nor was I give the opportunity to OPT-OUT before the time that such information was initially disclosed.

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