Consumer complaint received 2022-04-08
Company: Santander Consumer USA Holdings 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:
15 usc 6802 ( A ) except as otherwise provided in this sub captor, a financial institution may not, directly or through any affiliate, this close to a non-affiliated third-party any non-public personal information, unless such financial institution provides or has provided to the consumer a notice that complies with in section 6803 of this title. 

My loan through my car is held through Santander Bank. Santander Bank has disclosed my information to data XXXX accounts such as XXXX, XXXX, XXXX XXXX. Without my consent. As stated in the law they are not able to disclose nonpublic personal information. They have reported this loan with negative late payments against my social security card and number which is non-public personal information to a non-affiliated third-party Data furnishers and credit bureaus are not an affiliate. An affiliate is the parent company and any other sister companies as an extension from that branch of the company.

( B ) Opt out- ( 1 ) a financial institution may not disclose nonpublic personal information to a non-affiliated third-party unless ( A ) such financial institution clearly and conspicuously discloses to the consumer, and writing or in electronic form or other form permitted by the regulations prescribed under Section 6804 of this title, that such information may be disclosed to such third-party ; ( I have never received any such documentation from Santander ) ( 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 non-disclosure option ( Santander Bank has not contacted me for any late payments or negative comments listed on my profile prior to posting them. They have also never disclosed any information about the ability to opt out of having such an information shared with data furnishers or the credit bureaus.

*Aside from the USC code listed above Santander is also not in compliance with the way that they are disclosing their information to the credit bureaus/data furnishers . Example is listed in the pictures. * Santander has the account listed on my credit profile as a count number XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX The account is non-compliant due to the fact that the laws say that the reporter can not disclose an account number with more than for redacted values in an alleged truncated account number. Mathematically, each lesser redacted value generates XXXX old likelihood be reported claim of this account is potentially related to unknown and or fraudulent events. This is because for redacted values have a possibility of being XXXX of XXXX possible variations ( XXXX ). Similarly, the 3- redacted truncation has potentially only XXXX variations ( XXXX ). Even more worrisome is the fact that two redacted truncation has potentially only XXXX variations. Scarily, if only one redacted truncation there is but XXXX mathematical variations possible and worst of all, if no redacted truncation or XXXX redacted account number is reported and potential identity theft perpetrator and or fraudsters would be essentially handed my exact account number lending obvious injury has abilities to said wrongdoers. Any such truncation that is deviant from the requisite of only and exactly for redacted values in all account truncations, certainly jeopardizes the Integrity of the reporting claim ( s ).

Also other incorrect forward/ erroneous / improperly reported information is such as account type, number of months, credit limit, past due, payment status, date last active, date of last payment In fact, per XXXX written CRRG 3-4 States, " any deviation from the standards jeopardizes the Integrity of the data '' Point being unless the reported account number and all aspects of its reporting including each any and all data points has its information actually confirmed and documented to be it and only if, there can be no true certainty of a claims nor claimers absolute satisfying of the minimum requirements of lawful reporting much less that of the mentally utilized XXXX XXXX format compliance, therefore the report ability of any such claims reporter is and should be contested and challenged made for the XXXX to prove indisputable and certifiably compliant each any and all of the claims and each any and all aspects of said claims. It is obvious the unjust significant injuries nature of each any and all of these claims as report to my person, character, emotional well-being, and financial reputation let alone might otherwise fear credit worthiness, illegally so might I add

Company response to consumer: Closed with explanation