Consumer complaint received 2018-01-24
Company: ADIR INTERNATIONAL LLC
State: CA
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Incorrect information on your report
Sub-issue: Account information incorrect

Complaint:
VIOLATION of FCRA and the FDCI The purpose of this letter as I have explain to you over the last phone conversation we had is to advise you that XXXX have engage and conducted in reporting this to your agency as well as other credit reporting agencies Is unfortunate that because of their action and in the way they engage my credit file and score file have taken a bid dip since this has been going on for over a year now.

I have included all documents relate to each violation that took place, as your review them you will quickly learned that none of that should have taken place to an account that is listed as a charged-off.

Violation ( 1 ) Intentionally Reporting Inaccuracy XXXX XXXX XXXX XXXX department have failed to provide accurate account information and verification disregarding the rule on what can, can not be done ones the account is a charged-off therefore several violation have taken place, because of each act each this took place damage my score Violation ( 2 ) of Fair Credit Reporting Act and Federal and State laws From XX/XX/XXXX XXXX  made changes which should have happened because of status to which the account was Charged-off Code of Federal Regulation E Regulation 1026.5 ( b ) ( 2 ) ( I ) Statement Required.

If the creditor has charged off the account in accordance with consumer credit account-loss provisions and will not charge any additional fees or interest on the account, fees that it is unable to collect when determining the appropriate fee amount. Fees that the card issuer is unable to collect include fees imposed on accounts that have been charged off by the card issuer or if furnishing the statement would violate Federal law.

Violation ( 3 ) for Later Fee and Finance Charges 1. XXXX  added late fees month after month increasing the balance of the debt each entry made an impact to the scores, when having knowledge that an account with a charged-off status, no finance charges or late fee be accrue and added to the account balance, there are exception to that rule if the account is transfer or sold then the account will not shows any balance the name of company that was transfer is the only time when data information get updated or for arrangement to pay for delete.

Countless of time XXXX was made aware of this type of engagement was an intentional damaging to my credit file.

I pleated for them to stop in the way they engage with my credit file was clearly with full intention to ruin my credit score and they have accomplish it if this was their main goal ( See attachment 4 ) The bottom line the first day of delinquency ( FDOD ) should never change, date of a count was change to status charged-off should not change.

No fees or finance charges can be add, balance should be one final amount, can not show a late payment balances amount, since the account is closed, as charged-off should not reflect any activities of any type, it is a regulatory requirement that enforce by ( FDI under the F be of any statement and fees, or any other charges XXXX  is in violation when engage on adding them Violation ( 4 ) for Failure to Correctly Disclose to Credit Bureau Agencies of Status change Before an individual 's credit card balance is written off, issuers typically reverse the uncollectible finance charges and fees that were posted to the account in the months just before it was charged off Violation ( 5 ) for Failing of following Account closure protocol 1. This process, referred to as " purification, '' follows generally accepted accounting principles ( GAAP ) .9 For example, suppose a cardholder stops making payments on an account with a {$1000.00} balance that is current in XX/XX/XXXX. Six months later, with the accrual of late fees, over limit fees, and finance charges, the account holders balance will have climbed to {$1300.00} Before charge-off, the issuer subtracts the {$300.00} in uncollected interest and fees from the balance and reverses these amounts against the appropriate revenue line items.

After purification, the balance ultimately charged off will be {$1000.00}.

Must creditor will not engage, but creditor seeking to ruin a consumer credit file will engage in this type of unethical behavior keeping a negative such as a charge-off if re-aging the account to have the maximum damage possible to credit score, plus when chooses to update the negative account monthly. Confusion sets in when the date of last activity is mistaken with the to which XXXX has engage this type of reporting Violation for Inadequate Comprehensive Investigation define under FCRA It has been documented that after XX/XX/XXXX, XXXX  has made ongoing changes to the account such as account balance ; late payment, payment due, credit line increase, credit line decrease, and each time XXXX  engage this type of changes is counted as a violation under the FCRA. This shows the time after the charged-off status of the account Another issue encounter as a charged-off account the date ( month and year ) was re-aged with a much recent date which the only pour pose it does it make the negative records as it just happen.

The Federal Trade Commission - The Fair Credit Reporting Act Mandate If creditor report information about a delinquent account thats after reach 180 of no payment, under such is require to follow regulatory requirement an write off as a lost in your books will need to be reported as a charged to profit or loss, or subject to any similar action, you must, within 90 days after you report the information, notify the CRA ( credit reporting agency ) of the month and the year of the commencement of the delinquency that immediately preceded your action.

This will ensure the CRAs use the correct date when computing how long derogatory information can This has created permanent damage ongoing since the moment it started regularly and continuity which has a mayor effect on credit score file is counted as a violation each time it was recorded, each violation the number of time and the severity to the damage.

This type of behavior is consider irresponsible and is no allow under any circumstance period the fact that this has taken place countless of time ( See attach documents which demonstrate and it was record each time with the credit reporting agencies, it will be hard to say and to prove that it was an error when the records prove otherwise.

Please be advised that continued reporting of this account to the credit bureaus after you have been notified of the violation that have not been cure, is considered a violation of the state and federal laws in accordance with FCRA AND FACTA.

Please advise the creditor to not sell, and/or transfer information about this account with any other entity after been found and now is officially recorder. The rule under the section the sell or transfer of this account will be consider a violation act to which is not permitted period I impatiently look forward to an expedient the removal of the record from my credit file. I demand for this to take place for all that was made and disclose to you on this letter as a final request is made for completion of the inaccuracies is remove, it will them be done.

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