Consumer complaint received 2022-12-27
Company: UNITED SERVICES AUTOMOBILE ASSOCIATION
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 have extended USAA, my social security card to establish a fiduciary relationship, between USAA and myself. In exchange for USAA to in return extend a line of credit to my persons, to conduct acts of commerce. The mentioned transaction resulted in the creation of XXXX, an open-end consumer credit plan. Per my last billing statement provided by USAA financial institution they're attempting to collect an extension of credit. As defined under 18 use 891 to collect an extension of credit means to induce in any way any person to make repayment thereof. 
USAA has knowingly furnished false credit information to the credit reporting agencies as a means of coercing payment on this extension of credit by the use of unlawful extortionate means. I have reason to believe USAA had prior knowledge that punishing a consumer for the nonrepayment of an extension of credit by engaging in extortionate means is a violation of the False Claims Act and Racketeer Influenced and Corrupt Organizations ( RICO ) act. USAA is demanding a minimum payment of {$690.00} on or before a XX/XX/XXXX, or they're going to furnish more negative information to credit reporting agencies thatll cause harm to my persons, reputation and property, which is my consumer credit file. I have proof that within the last fiscal year youve voluntarily, willingly and intentionally reported false late payments, on the credit card account, which is under an open end consumer credit plan, to credit reporting agencies on the extension of credit and are using extortionate means in attempts to coerce repayment of said credit under XXXX which violates Federal law. 

Per review of the FCRA there isnt a single law that allows a creditor to report negative information without the consumer in which it relates to prior consent, nor requires you to report the information youre choosing to report or makes legal the reporting of the alleged late payment on this account youre choosing to falsely report. In fact your reporting is in direct violation of the FCRA seeing as though this extension of credit is an open ended credit account and a creditor may not treat a payment on a credit card account under an open end consumer credit plan as late for any purpose. Your choice to furnish false late payments on this extension of credit, to credit reporting agencies seems to be an attempt to jeopardize my consumer credit reputation and coerce me into funding your organization. USAA have charged my account {$25.00} for what are referred to as " late fees '' in addition to reporting erroneous late payments to unaffiliated third parties. Therefore, by reporting the fictitious late payments, you are not only willingly breaking the law, but you are also seeking to force me to compensate you for the infractions you are causing. And lastly, by adding these illegitimate costs to my account, in attempts to siphon off extra money, youre charging my account interest on the whole balance, along with a finance charge based on the whole account balance, which includes the late payment fees. All in which demonstrate that your bank is engaging in racketeering activities and attempting to coerce a consumer to fund your organization. Seeing that this credit card is an open-end consumer card & extension of credit, USAA, is in violation of the False Claims act. USAA is knowingly engaging in racketeering activity to fund its criminal enterprise. Ignorance of the law is no excuse to violate it. Your enterprise should know that punishing a consumer for the nonpayment of an extension of credit by furnishing false information to third parties in order to jeopardize the financial reputation of the consumer with other financial institution constitutes aggravated identity theft 18 U.S. C 1028A and violation of the RICO act 18 USC 894. Whoever knowingly punish any person for the nonrepayment of an extension of credit by extortionate means shall be fined under the title or imprisoned not more than 20 years. As required under the law pattern of racketeering activity requires atleast two act of racketeering activity, one of which occurred after the effective date of this chapter and the last of which occurred within ten years ( excluding any period of imprisonment ) after the commission of a prior act of racketeering activity. Your actions of furnishing said late payment on my consumer credit file is a means of communication to collect the extension of credit by extortionate means as defined under the law 18 use 894. Your action shows a pattern of racketeering activity as defined under 18 U.S.C 1961 & I have reasonable cause to believe that USAA has made this extension of credit with intent to extort me as a consumer which violates 18 USC 893. The intentional furnishing of the false credit information violates the FCRA. I am demanding USAA provide me with documentary material ,15 USC 44, of any law the requires USAA to furnish late payments on a consumers credit file. A copy of a card holder agreement does not prove anything. If your enterprise sends me a card holder agreement, I will take that as your complete disregard for the law and my financial reputation and move to file suit for the intentional infliction of emotional distress I receive on behalf of these extortionate tactics. Your actions have damaged my financial reputation and has caused XXXX  XXXX, distress and has severely crippled my livelihood.

Company public response: Company believes it acted appropriately as authorized by contract or law
Company response to consumer: Closed with explanation