Consumer complaint received 2023-07-20
Company: RFNA, LP
State: LA
Product: Debt collection
Sub-product: I do not know
Issue: False statements or representation
Sub-issue: Attempted to collect wrong amount

Complaint:
Dear Consumer Financial Protection Bureau, I am writing to bring to your attention a dispute regarding the information on my credit report as reported by XXXX and XXXX. The account in question is with Republic Finance, and I have previously submitted a dispute to the credit bureaus, stating that the debt reported by Republic Finance is inaccurate. Unfortunately, despite my persistent efforts, this matter remains unresolved. 

The account with Account XXXX XXXX has been inaccurately reported over the past 4 years, adversely affecting my credit profile. Despite multiple attempts to dispute this account with the credit bureaus, the incorrect information persists. Recently, I received a letter from Republic Finance demanding payment of {$1900.00} as a lump sum to settle the debt. However, the total balance reported to the collection agency, XXXX, is indicated as {$4700.00}. This discrepancy raises serious concerns about the accuracy and integrity of the information provided by Republic Finance. 

I wish to emphasize the importance of consumer protections outlined in the Fair Debt Collection Practices Act ( FDCPA ) and the Fair Credit Reporting Act ( FCRA ). Under the FCRA, I have the right to dispute inaccurate information on my credit report, and the FDCPA safeguards consumers from abusive debt collection practices. Additionally, I believe that the debt in question may have exceeded the statute of limitations for collection in the state where the original document was signed, which is Mississippi. As such, I assert that this debt may no longer be legally enforceable, and I urge the Consumer Financial Protection Bureau to thoroughly investigate this matter and ensure compliance with applicable laws and regulations. 

Therefore, I kindly request that the Consumer Financial Protection Bureau conduct a comprehensive investigation into this dispute and take appropriate actions to rectify the situation promptly. I trust that the bureau will diligently address my concerns and take measures to ensure accurate credit reporting and fair debt collection practices are upheld. 

To facilitate a timely resolution, I have provided my contact information below and enclosed the settlement letter I received from XXXX XXXX XXXX XXXX. Please feel free to reach out to me with any further questions or clarifications required regarding this dispute : Phone : XXXX Email : XXXX I deeply value the significance of accurate credit reporting and fair debt collection practices. Your assistance in promptly addressing this matter is sincerely appreciated. I am eager to receive written confirmation of the resolution and the removal of the disputed account from my credit report. 

Thank you for your attention to this issue. 

Sincerely, XXXX XXXX 15 U.S.C 1681 SECTION 602 A. STATES I HAVE THE RIGHT TO PRIVACY.

15 U.S.C. 1681 SECTION 604 A. SECTION 2 : ALSO STATES A CONSUMER REPORTING AGENCY CAN NOT FURNISH A ACCOUNT WITHOUT MY WRITTEN INSTRUCTIONS.

15 U.S.C 1681c. ( A ) ( 5 ) SECTION STATES : NO CONSUMER REPORTING AGENCY MAY MAKE ANY CONSUMER REPORT CONTAINING ANY OF THE FOLLOWING ITEMS OF INFORMATION ANY OTHER ADVERSE ITEM OF INFORMATION, OTHER THAN RECORDS OF CONVICTIONS OF CRIMES WHICH ANTEDATES THE REPORT BY MORE THAN SEVEN YEARS.

15U.S.C. 1681s-2 ( a ) ( 1 ) 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.

Company response to consumer: Closed with explanation