Consumer complaint received 2023-08-15
Company: Navient Solutions, LLC.
State: FL
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Improper use of your report
Sub-issue: Reporting company used your report improperly

Complaint:
The text below was also printed on paper and sent via postal Certified Mail Number XXXX XXXX XXXX XXXX XXXX RE : Navient  Account No. XXXX NOTICE OF DISPUTE, NOT SEEKING VERIFICATION Non-Negotiable Thank you for the statement of XX/XX/2023 that your institution recently sent me expecting payment for an alleged debt. Your claim is disputed under 15 USC 1692 et seq. Please furnish me with the following information : 1. Evidence that Navient Corp. has used its own capital, funds, money or money equivalents to pay for any charges on the alleged account. 

2. Evidence that banks ' funds, other than consumer 's notes, were used to pay for charges on the alleged account, proving that Navient Corp. did not receive " something-for-nothing ''. 

3. Evidence that Navient Corp. disclosed the above information in their agreement prior to soliciting applicant to become bound by it.

4. Evidence how Navient Corp. has complied with federal statutes directly or indirectly ( as stated herein ), thereby avoiding the use of false, deceptive or misleading representations or means, in violation of Section 807 of the FDCPA, 15 U.S.C. 1692e, which constitutes fraud.

5. Evidence that due to the securitization of the initial outstanding balances of the alleged account, Navient Corp. is a holder in due course and therefore can incur a loss or make a valid claim. 
See : https : XXXX XXXX. Evidence that when accounts are overdue, Navient Corp.. does not receive a payoff of the amount due from insurance, whose premiums were unknowingly funded by the so-called borrower. 

XXXX. A complete statement of damages, including each and every loss that Navient XXXX. 
incurred under the alleged agreement. 

8. A copy of any insurance claim having been made by Navient Corp. regarding this account. 

9. A front and back, true and correct copy of the alleged signed agreement bearing my signature. This is for full and complete disclosure, which is required to demonstrate validity under globally accepted contract law. 

10. A true and correct copy of the transfer instrument that was used to transfer the initial outstanding balances from this alleged account into the Special Purpose Entity ( SPE ) trust, as described on the FDIC website. 

11. The name, address and telephone number of Navient Corp.s CPA auditor. 

12. Verification that this alleged debt has been or has not been assigned or sold to a third party. 

If you can not verify this debt by the above listed means, then please cease and desist. The Fair Debt Collection Practices Act 15 USC 1692, requires you to validate and verify this debt. Are you committing mail fraud? " Fraud vitiates the most solemn Contracts, documents and even judgments '' [ U.S. vs. Throckmorton, 98 US 61, at pg. 65 ] I demand that you report this Notice of Dispute to the three major credit bureaus immediately. You are required by law to do so. See 15 USC, section 1681s-2 ( b ) ( C ). If any negative mark is found or continues to report on any of my credit reports by your company or any company that you represent, I will not hesitate in bringing legal action against you for the following : Violation of the Fair Credit Reporting Act and Defamation of Character. 

In order to settle this matter, please sign or have an authorized officer sign the enclosed affidavit, confirming that you have read the agreement, that you understand XXXX, the bookkeeping entries, accounts receivables and deposits, the banking laws, and the Federal Reserve banks policies and procedures. 

Failure to verify and validate the debt within thirty ( 30 ) days by signing the enclosed affidavit confirms that no further action will be taken and an absolute waiver of any right to collect the alleged debt. Furthermore all references to this account must be deleted and completely removed from my credit file and a copy of such deletion request shall be sent to me immediately. 

This notice also constitutes a Notice to Cease Telephonic Communications. Non-compliance with this request will violate the Telephone Consumer Protection Act 47 USC 227. 

NOTICE THIS IS NOT A REQUEST FOR CONFIRMATION THAT YOU HAVE A COPY OF AN AGREEMENT OR COPIES OF STATEMENTS. THIS IS A DEMAND FOR PROOF THAT YOU HAVE THE REQUISITE KNOWLEDGE OF THE FACTS, AND THAT THE ALLEGED CREDITOR PROVIDED ADEQUATE CONSIDERATION AND INCURRED A FINANCIAL LOSS UNDER THE FULL & COMPLETE ORIGINAL AGREEMENT. 

Notice to the Principal is Notice to the Agent, and Notice to the Agent is Notice to the Principal.

Company response to consumer: Closed with explanation