Consumer complaint received 2023-01-30
Company: EQUIFAX, INC.
State: NC
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Improper use of your report
Sub-issue: Reporting company used your report improperly

Complaint:
This is an official notice of fraud in your method of assembling and evaluating consumer reports within the guidelines of the fair credit reporting act. This is your only opportunity to cure without litigation and billed for all damages. This letter is to officially address the fact that XXXX, Equifax, and XXXX as a XXXXational credit reporting agency is in dishonor and has not been fulfilling your obligation to ensure accuracy and fairness in your evaluation of many consume reports according to the investigation of the select subcommittees of the coronavirus. The banking system is dependent on fair and accurate credit reporting inaccurate credit reports directly impair the efficiency of the banking system, an unfair credit reporting methods undermine the publics confidence which is essential to the continued functioning of the banking system.

To be clear your company exists for one reason and one reason only. Per 15 USC 1681 ( a ) to lawfully evaluate and assemble consumer reports under the direct supervision of the CFPB. Not to play bill collector and allow corporations to illegal furnish protected and excluded information about consumers. Things that have clearly been stated in the Fair Credit reporting act that should be excluded such as transactions and experience. To be clear the only transactions or experiences I could have with the corporation would be an account balance, late payment, or credit utilization. I demand all late payments to be removed and updated to current, also for my utilization to be brought down to below 25 % and account balances to zero in order for them to continue to report.

At this point, at this pressing moment and for some months now you have been negatively affecting the banking system by reporting the following inaccuracies. I have disputed these things previously to no avail but recently learned that your agency has been under direct investigation by the subcommittee of the coronavirus crisis. Attached is a letter dated XX/XX/XXXX including links to websites showing statistics of how you have been unlawfully discarding consumer disputes and or not addressing them at all. I have enclosed a few with highlights just in case you act clueless. 
An investigation has been done showing that your company also failed to respond to consumer disputes or offer resolution and the numbers have been doubled since XXXX. This behavior is unacceptable I will be researching more to see how to initiate a lawsuit against you for willfully non-compliant with the fair credit reporting act and the FDCPA. These furnishers have been using my credit report to attempt to collect a debt through a third party without any written consent or knowledge on my behalf by definition that is identity theft. Per 15 USC 1681 ( c ) ( 2 ) this information needs to be blocked and removed from my credit reporting. If in fact if these items continue to report the fees requested will double. This is your finial opportunity to cure the situation outside of the federal courts. 31 CFR 360.62 - Payment to minor CFR If the owner of a savings bond is a minor and the form of registration does not indicate that there is a representative of the minor 's estate, payment will be made to the minor upon his or her request, provided the minor is of sufficient competency to sign the request for payment and to understand the nature of the transaction. In general, the fact that the request for payment has been signed by a minor and certified will be accepted as sufficient proof of competency and understanding. 
I also demand compensation for my identity and personal information begin breeched in your most recent data breech. You have no idea how leaking my information affected my life. Furthermore, I received a copy of my credit report and found the following items to be in error. Please remove within the next 4 business days. 
XXXX Account number XXXX XXXX  Account number XXXX XXXX  Account number XXXX XXXX Account number XXXX XXXX  Account number XXXX In conclusion, by the provisions of the fair credit reporting act I demand that these items be investigated and removed from my credit report. I mean a real investigation per FCRA not you just taking the word of someone who I am accusing of fraud. That doesnt help the consumer and it's illegal to say the least. It is my understanding that you will recheck these items with the creditor who has posted them, and they MUST provide proof that I gave them written consent to furnish these items. Please remove any information that the creditor can not verify. I understand that per FCRA you must complete this reinvestigation within 30 days. Please send and updated copy of my credit report to the above address. According to the FCRA there should be no charge to the updated report. I also request that you please send notices of correction to anyone who has received my credit report in the past 6 months. Thank you for your time in this matter. 

Sincerely, XXXX XXXX

Company response to consumer: Closed with explanation