Consumer complaint received 2023-07-17
Company: NAVY FEDERAL CREDIT UNION
State: IL
Product: Debt collection
Sub-product: Auto debt
Issue: Took or threatened to take negative or legal action
Sub-issue: Threatened or suggested your credit would be damaged

Complaint:
XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, IL XXXX XX/XX/2023 Navy Federal Credit Union, This letter is regarding account # XXXX which you claim I owe {$50000.00}. Be advised that this is a formal notice that your claim is disputed. Debt Validation and proof of your claim is requested in accordance with the Fair Debt Collection Practices Act, 15 USC 1692. It is not now, nor has it ever been my intention to avoid paying any obligation that I might lawfully owe, however I dont remember having entered into a promissory with Navy Federal Credit Union or any agent thereof. I have asked for this alleged transaction to be reversed in accordance with the Truth in Lneding Act, 15 USC 1635. My request was refused by Navy Federal Credit Union without reason, yet you report monthly to credit agencies without a signed promissory. That alone constitues multipe violations to the Fair Credit Reporting Act, Fair Debt Collection Act, and Truth In Lending Act.

During validation this validation process the finding have been surprising. In connection to 3 different validation request Navy Federal mailed me promissory notes without my signature/blank siganture.

Navy Federal Credit Union has no promissory note that holds my wet signature. Pursuant 34 CFR 674.31 Promissory Note ( 2 ) ( A ) The note requires the signature of the borrower on each page, in order to validate obligation to debt. I demand a copy of the alledged promissory note, with my signature.

Navy Federal Credit Union has openly and knowingly supplied me the consumer with false and misleading documentary evidence in an effort to coerce payment on an alleged debt. A promissory note without my wet signature means Navy Federal Credit Union stole my identity and my credit worth {$48000.00}. You were able to do so becuase of the with identity documents I provided to you, the document in question would be my social security number. Navy Federal Union acted as an agent on my part in this matter. You went to my trust with the United States goverment and opened a loan in my name. Then opened another account with in your financial instistution. Without my permission that clearly violates 18 USC 1028 Fraud and related activity in connection with identificaton documents authentication features and information and 18 USC 1028A Aggravted identity theft.

Also, youve ignored the 12 notarized affidavits, Ive mailed certified. Those affidavits directly addressed the Truth in Lending Act violations and inadequet disclosures that are found in the promissory note. I still have every notarized copy of the affidavits I mailed you. Navy Federal Credit Union youve stolen my credit and my identity, pursusant 15 USC 1028A. Then proceeded to commit fraud with my social security number, pursuant 18 USC 1028 Fraud and related activity in connection with identificatiion documents, authentication features, and information. It is clear and evident that you have never had any intention of following your fiduciary duties connected to this matter.

At this time the alleged debt reads charged off on my consumer report. The IRS Defines a charge off as gross or ordinary income it is cancelled debt. Income is to never be reported on a consumer report. That to is a blatant violation of the Fair Credit Reporting Act, 15 USC 1681s-2 Responsibilities of furnishers of information to consumer reporting agencies, you are required to report fair and accurate information to consumer reporting agencies. A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate. '' Remove your name and all negative marks from consumer report immediately. The Internal Revenue Service defines a charge-off/1099C as gross or ordinary income, income does not get reported on a consumer report. So why is Navy Federal Credit Union reporting inaccurate information. Remove yourselves and all inaccurate information from my consumer report. 15 USC 1681c Requirements relating to information contained in consumer reports forbids you from reporting any adverse information or any information placed in collections or charged off to profit. So its very obvious that you are trying to 1. Extort a payment 2. Destroy my character as a consumer. 3. Youve commited identity theft pursuant to 18 USC 1028A.

Navy Federal Credit Union, I am sure you can not show a promissory note, bearing my signature. I repeatedly demand a signed promissory note. Please send me all documentary eveidnce pursuant 15 USC 44, connected to this alledged debt, documentary evidence includes books of accounting, financial and corporate records to validate this alledged debt.

I am yet AGAIN requesting debt validation, made pursuant to the Fair Debt Collection Practices Act and the Fair Credit Reporting Act, along with the corresponding local state laws ; that is competent evidence bearing my signature, showing that I have ( or ever had ) some contractual obligation to pay you and any and all documentary evidence pursuant to 15 USC 44, that includes all documents, papers, correspondence, books of account, and financial and corporate records. Validation will quickly be verification that the truth regarding this matter has be intentionally hidden and ignore.

I have sufficent evidence you have violated federal consumer laws, stole my credit, attempted to destroy my character as a consumer, and cause me mental stress. Respond within 15 days of receipt of this certified letter with the following.

My vehicle title free of any liens, I am NOT asking for a xeroxed copy, you stole my identity, and $ XXXX in credit from me the natural person/consumer. 

Completely remove your name and all neatigative remarks from my consumer reports. 
Pursuant 15 USC 6821 Privacy protection for a customer information of financial institutions ( a ) ( 2 ) Privacy protection for custoner information of finnacial institutions, you were never legally allowed to report any of my financial information because its deemed private according to federal consumer law. Remove Navy Federal Credit Union from my consumer report. 

Navy Federal Credit Union you have shown terrible character the last 24 months. Please end this matter with the honesty and professionalism you make claim too. 



XXXX XXXX XXXX Without Prejudice

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