Consumer complaint received 2021-05-30
Company: LendingPoint Holdings LLC
State: TN
Product: Debt collection
Sub-product: Other debt
Issue: Attempts to collect debt not owed
Sub-issue: Debt was paid

Complaint:
I extended my credit creating this debt on XX/XX/2017. I am now aware of my rights as a consumer and it has been brought to my attention that my rights have been violated with this company. I dispute this debt. I have been violated under the Fair Debt Collection Practices Act ( FDCPA ) and The Truth In Lending Act ( TILA ). Payments were made towards this debt by allowing deductions from my employee compensation. I am the original creditor. Lending Point LLC is not the creditor. Lending Point LLC is a debt collector pursuant to 15 U.S.C. 1692a ( 6 ), any person who uses any instrumentality of interstate commerce or the mails in any business the principal purpose of which is the collection of any debts, or who regularly collects or attempts to collect, directly or indirectly, debts owed or due or asserted to be owed or due another ). I was subjected to unnecessary harassment, unfair, abusive, and deceptive collection practices from this company.

I extended my credit to create this debt. Credit is defined in 15 U.S.C. 1602 ( f ) as, ( the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment ). I used the numbers reflected on my credit card as defined in 15 U.S.C. 1602 ( l ) when I applied. Credit from my open-end credit plan funded this consumer credit transaction. Unauthorized use occurred as defined in 15 U.S.C. 1602 ( p ), ( as used in section 1643 of this title, means a use of a credit card by a person other than the cardholder who does not have actual, implied, or apparent authority for such use and from which the cardholder receives no benefit. ). I made contributions from my employee compensation towards a debt that was already paid yet was harassed, threatened with penalties for early withdrawals, the debt was incorrectly reported to the credit reporting agencies as a bad debt affecting my creditworthiness, etc.

At the time I created the debt my name was different. I have since had a legal name change. So, the account associated with my SSN will reflect my former name. I received many deceptive forms regarding this debt. 
If this matter is not resolved I will have no other choice but to file a civil suit against Lending Point LLC in Federal Court for discrimination under the Equal Credit Opportunity Act because I am exercising my consumer rights under this chapter. Pursuant to 15 U.S.C. 1691 ( a ) ( 3 ), ( It shall be unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transactionbecause the applicant has in good faith exercised any right under this chapter. ). I am aware I will also be able to sue for violations committed under the FDCPA and TILA as well. On top of that I will seek actual damages and attorney fees. I am aware of 15 U.S.C. 1692e ( 3 ), ( The false representation or implication that any individual is an attorney or that any communication is from an attorney ). I would end up being entitled to a judgment. I would rather resolve the matter amicably. I am invoking my rights as the original creditor.

I look forward to your full cooperation in this matter.

Company response to consumer: Closed with explanation