Consumer complaint received 2023-04-26
Company: CARVANT FINANCIAL LLC
State: NY
Product: Vehicle loan or lease
Sub-product: Loan
Issue: Improper use of your report
Sub-issue: Reporting company used your report improperly

Complaint:
you have stated " XXXX XXXX 's file confirmed we are reporting his account correctly to all three credit bureaus. His claims of identity theft and lack of permissible purpose are baseless and without merit. '' the account you are reporting is a consumer report, experiences or transactions does not include identifying information you are more than welcome to report a list of non identifying account numbers and information to whom ever without it being a consumer report but you have committed identity theft pursuant to 12 CFR 1022.3 ( h ) fraud, using the identifying information of another person without authority. i do understand Carvant Financial LLC thinks they are a Furnisher of information and states they are required to furnishing accurate information, in fact pursuant to 12 CFR 1022.41 ( c ) ( 2 ) you can not be a Furnisher because you acting as consumer reporting agency as defined pursuant to 15 U.S. Code 1681a of the FCRA, 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 ) making Carvant Financial LLC a consumer reporting agency due to the fact such information is bearing on my consumer credit worthiness, credit standing, credit capacity, character, general reputation, collected in whole or in part 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 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 carvant 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

Company public response: Company disputes the facts presented in the complaint
Company response to consumer: Closed with explanation