Consumer complaint received 2023-04-25
Company: Self Financial Inc.
State: NY
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:
you have stated " Self Financial , Inc. is not a consumer reporting agency per the definition provided in the Fair Credit Reporting Act. Self is a data furnisher as we provide account information to the credit reporting agencies '' please understand AS stated pursuant to 12 CFR 1022.41 ( c ) ( 2 ) when acting as a consumer reporting agency you are not a furnisher, please take a look a exhibit ( 1 ) for example, a " bank '' or any company who shares information other than information on its own transactions or experiences is a consumer reporting agency, you are attempting to state pursuant to 15 U.S. Code 1681a ( d ) ( 2 ) ( A ) ( i ) report containing information solely as to transactions or experiences between the consumer and the person making the report is not a consumer report, the definition of consumer report is 15 U.S. Code 1681a ( d ) ( 1 ) means ANY written, oral, or other communication of any information by a consumer reporting agency bearing on a consumers credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living, My Identifying information pursuant to 12 CFR 1022.3 ( g ) ( 1 ) which is my name social security number, government identification number date of birth, pursuant to 12 CFR 1022.3 ( g ) 3 ) my account number which is a unique electronic identification number Used To identify me the consumer specifically, in conjunction with information regarding my transactions and experiences, which would be a consumer report pursuant to 15 U.S. Code 1681a ( d ) ( 1 ) ( A ) and Creditor is a consumer reporting agency due to the fact such information is bearing on my consumer credit worthiness, credit standing, credit capacity, character, general reputation, and was collected for the purpose of serving as a factor in establishing the consumers eligibility for credit and has a direct reflection on my credit score pursuant to 15 U.S. Code 1681g ( f ) ( 2 ) ( A ) ( i ) you have also stated " the information furnished to the credit reporting agencies is allowed per the Privacy disclosure and terms of service provided at loan consummation. The privacy policy and terms can be viewed online at XXXX XXXX XXXX. Self Financial '' you have violated the GLBA requirements as a financial institution because, All privacy policies are required to be delivered pursuant to 15 U.S. Code 6803 ( a ) ( 1 ) At the time of establishing a customer relationship with a consumer, a financial institution shall provide a clear and conspicuous disclosure to such consumer, of such financial institutions policies and practices with respect to disclosing nonpublic personal information to affiliates and nonaffiliated third parties, consistent with section 6802 of this title, including the categories of information that may be disclosed ; A financial institution may not disclose nonpublic personal information to a nonaffiliated third party unless pursuant to 15 U.S. Code 6802 ( b ) ( 1 ) ( A ) such financial institution clearly and conspicuously discloses to the consumer, in writing or in electronic form that such information may be disclosed to such third party ; ( B ) the consumer is given the opportunity, before the time that such information is initially disclosed, to direct that such information not be disclosed to such third party ; and ( C ) the consumer is given an explanation of how the consumer can exercise that nondisclosure option.

An example of a privacy notice should look like this we Self Reporting will share your name ssn account number and ANY and all other information you share to us, payment history to XXXX XXXX XXXX, before we share this information to such parties you have the right to deny us to disclose your information, to enforce your rights of nondisclosure please call XXXX XXXX XXXX or email us at XXXX I was not given a clear and conspicuous disclosure that you would report to XXXX, XXXX, XXXX instead you made it seem as it was requirement of doing business with you, i was not given a opportunity before my information was disclosed to derelict you not to disclose my information to said parties, as well i was not given a clear and conspicuous explanation on how i can exercise my nondisclosure option It is not mandatory to share my information to any consumer reporting agency, i the consumer have a right to privacy pursuant to 15 U.S. Code 1681 ( 4 ), when sharing consumer information you must report accurate information does not supersede having consent prior

Company response to consumer: Closed with explanation