Consumer complaint received 2023-06-04
Company: TRANSWORLD SYSTEMS INC
State: MD
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Incorrect information on your report
Sub-issue: Account information incorrect

Complaint:
I recently received a copy of my credit report and found proof that TRANSWORLD SYSTEMS is illegally reporting inaccurate information about me to XXXX. XXXX, XXXX XXXX, and XXXX The alleged collection account is not only listed as being open ( on report it states date opened XX/XX/2023 ) but also has reported a PAST DUE BALANCE of {$1300.00} with an update to all three credit bureaus regarding this alleged account being sent as recent as XX/XX/2023. This is a violation of the FCRA and is in violation of requisite XXXX Compliant reporting standards. According to the Fair credit Reporting Act I have a right to a completely accurate credit report, and the credit bureaus are required to remove any information that is not true, verifiable and accurate. I would like this account IMMEDIATELY removed from my credit report and I would like the company ( TRANSWORLD SYSTEMS INC/TSI ) to send me an updated report showing their compliance with all XXXX reporting standards and this account removed upon completion. This fraudulently collections account has SIGNIFICANTLY NEGATIVELY impaired my ability to get credit, life insurance, and capital funding. 

I have never heard of Transworld, until the collections appeared on my credit reports. I have received NO prior notification from Transworld via email, mail, or phone call and have no debt history or prior business relationship with this company. 

I found supporting documentation that the original signed contract from the original creditor is null and avoid. The original creditor presented false accounting information in addition. The original creditor presented a closed paid account as open and wrote a business loss of their on annual taxes to reduce their tax liability while apparently sending my file to collections. Again this account has been paid in full ad was closed several years ago. The original lease is null and void ( as co-lesses signatures are missing from the original signed contract ( XXXX XXXX XXXX XXXX XXXX XXXX ). The accounting history provided in full is fraudulent and full of errors. I would like TransWorld/TSI to remove all collections accounts being reported to all credit agencies immediately given the violation of the FRCA and failure to maintain compliance with strict XXXX XXXX requirements and regulations ( I would like to see an actual carbon copy of the files shared between the original creditor, third party agencies, XXXX XXXX and the three credit bureaus, all meeting XXXX compliance guidelines. I would like a list of all individuals ( full names and contact information for all team members who have personally reviewed my credit file, this alleged collection report, and the name of the person that ultimately made the decision to add this to my credit profile. I also need to see in great detail how your company TransWorld/TPI Inc has maintained XXXX compliant standards in your reporting and sharing of information regarding my credit file to all parties involved. 

Thanks in advance for your attention to this matter. 

Regards, XXXX XXXX XXXX, XXXX, XXXX

Company response to consumer: Closed with explanation