Consumer complaint received 2021-03-02
Company: TRANSUNION INTERMEDIATE HOLDINGS, INC.
State: NJ
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Problem with a credit reporting company's investigation into an existing problem
Sub-issue: Their investigation did not fix an error on your report

Complaint:
Complaint for Review The Fair Credit Reporting Act, 15 U.S.C. 1681, Att : Federal Trade Commission & Consumer Financial Protection Bureau This Complaint is Against the 3 major Credit reporting Agencies as well as the XXXX XXXX, and/or any entity that generates Credit Scores.

From our research and/or looking into the ongoing matters and/or correspondences and/or informations obtained from others and/or correspondences it appears that FICO and/or Credit Scores are a way to circumvent credit protection laws in place and/or are a model thats used to manipulate the outcomes of percentage rates given to consumers. And its being communicated and/or represented appearances are itself is without any rules or regulations or oversight and/or is there any dispute processes available in relation to the same. 
That it is adversely effecting economics and the wellbeing of all entities as well as consumers and/or is part of the economic system collapses, past and future, affecting financing, businesses, households as well as the average persons etc. 
It appears it is controlled by the creditors & credit reporting agencies and/or others generating FICO and/or credit scores model 's and/or entities without any compliance to consumer protections laws, and dispute processes. 
For example, being able to obtain what the 3 reporting agencies are reporting at no cost within limitations ( Currently more than one free report per year ) in references to an consumers FICO and/or credit score without being charged by the reporting agencies. You can not obtain a free copy f your credit score from any of the reporting agencies and/or or the summaries they are providing to creditors and/or amongst themselves and/or FICO and/or credit score generating entities compliances to regulations requirements in references free reports and/or by the 3 reporting agencies. 
This pertains to their availability being provided to consumers in references to FICO and/or credit scores and/or summaries prior to and/or by the 3 reporting agencies as per known consumers protection regulations. This makes it so that requirements are being circumvented as well as a mystery with 100 's of variables. 

Furthermore, the credit reporting agencies and/or those generating FICO and/or credit scores claim that they dont provide credit scores to consumers and when consumers enquire are made, they are alluded to any such request in writing and/or are circumventing them. 


For example, TransUnion ( Please note we are not picking on any one particular we are presenting this about all of them and/or those involved in what the topics we are presenting to you ). 
It clearly States " if you like to receive your " TransUnion Credit Score " please provide payment then they state " score if applicable. '' This creates an atmosphere where consumers aren't able to know which of the 100 's of models will be used and/or are applicable to them at any time or during times they are considering financing. 
This in turn is manipulated by creditors while forcing consumers to have, numerous hard inquiries which lower their scores. 
Because of the classic tactic used by creditors is, that your rate payments and/or if you qualify is dependence of your FICO and/or credit score which is not free of charge and good luck on that one. The FICO score is a shame and its part of the shell game and it needs to be addressed by this agency and/or the agency needs to forward this complaint to whoever has jurisdiction and/or legislators and/or those who handle Fair Credit Act Violations. Our last complaint fell on death ears and we hope and pray that the new administration will review this complaint and take proper actions to put an end to the Credit Score Shell Game Shame. 
The Credit Score Which is a secrete between the reporting agencies entities and/or the creditors and the circumvention is the 100 's of models used and even according to TransUnion and the other 3 Credit reporting agencies is a mystery. 
It also eliminates any prequalification processes excused by the FICO and/or scorecard entities and/or elimination of numerous hard credits inquires instead it increases the need for hard inquiries. 
When in fact the same entities have the ability to do soft credit inquires without any consumers consents. All while putting consumers at a disadvantage while opening the door for manipulation of the same and/or rates, credibility and/or for the shell game to occur. The days of Soft inquiries are over and/or The Credit Score Shell Game Scam is the new norm no matter how unfair and biased it is as well as flawed. 
According to TransUnion response 100 's of models are used throughout the United States and there are so many variables to generate any one FICO and/or credit score so the XXXX are plentiful. 
And if that wasn't bad enough every hard credit inquires drops consumers scores because of the 100 's of models used predicts consumers credit unworthiness and/or that a consumer is less credible due to any given models prediction. 
Although some may consider it as one inquiry or lower ones scores less while other 's may not. And again, because there is 100 's of methods used one agency may not of consider it so while others may again its presented as a mystery with many variables created to circumvent any regulatory protections put in place. 
It also allows the creditors to play the shell game all while raising the price and/or interest rates available to the average consumers and/or denying average consumers of the reserves available at such times that usurping is occurring by scrupulous individuals and/or a limited partnership. 
While doing so impacting the overall economy by creating a negative impact on it in the long term by forcing the Fed to drop interest rates creating usurping of scrupulous individuals of those drops which most everyone else is not eligible because of these matters we are reporting about. 
Who then are benefitting from them through a limited partnership of investors that uses high risk methods, such as investing with borrowed money, in hopes of realizing large capital gains and/or through manipulation and/or circumventing preventive measures legislated and/or put in place? 
Meanwhile its usurping the reserves and/or creating higher payments and/or restricting availability of reserves to a limited partnership of investors. Creating a situation where as themselves exclusives in possession of and/or control of the supply of and/or trade in a commodity or services and/or rates reserves etc. available at any given in any point of time. 
All while having an overall negative impact on the economic systems creating collapses by making such reserves unavailable to consumers and just available to the scrupulous limited individuals who are usurping them. 
Whom also are profiteering from the crashing of the financial economics systems while placing the burdens or bankrupting companies, which may be for-profit, non-profit or government-owned, that sells the promise to pay for certain expenses in exchange for a regular fee, called a premium? All of which is creating the need for an act of giving financial assistance to a failing business or economy to save it from collapse. 

The same situations occur when the 100 's of models used predicts one who has the capacity to enter a binding contract has and/or wants to increase the amount of merchant accounts or creditors by lowering their scores. Which is a clear violation of the Fair Credit Act it is discrimination at its best and it based on models that those who are circumventing the Fair Credit Act have willful designed with the purpose to do such. Its not based on your actual history or records it based on a model that most people dont actually fit in. A one size fits all. Its based on other people or some model that some annalist concocted. We will get into some specific situations that occurs in my instances and/or complaint. 
This also forces and/or opens the door for consumers and/or entities go outside of the United States for financing or to scrupulous or shady characters and/or those engaged in money laundering. 
Creating a negative impact in doing so also creates jitters in the stock markets. And a domino effect of selling of stocks again it impacts the overall economy based on predictions created by a computer prediction system. 
This is full of unknown variables, which in any given time could change. This in fact in the past has caused the markets to crash. Creating regulatory changes where human interaction is required and/or other safeguards had to be put in place. 
So basically, it appears their circumventing credit laws that are applicable and are in cohorts with financial institutions and/or FICO and/or other such entities being without any oversight, guidance and/or standards. 
Nor can consumers dispute what they are reporting in references to consumers credit scores and/ or their summaries and/or FICO and/or Credit Scores assigned by them and/or any entity. 
Which the amount of interest rates or availability of credit and/or is the gauge of consumers credibility along with a summary as in the copy we provided to the regulatory oversight agencies and/or ones credibility is determined by and/or based on The Credit Score Shell Scam. 
Or can consumers know what the methods used were or can consumers have any FICO and/or credit scores that are incorrect fixed because there is " hundreds '' and those methods no one can know except those using them at any given point of time and they can vary. 
So therefore, they are correct as well as the process according to such by appearance. 
This should be an indicator that something is wrong and/or of no consistency due to errors and/or data, predictions and/or validity and/or 100 % accuracy isnt occurring properly. 
Creating variables that can be manipulated and/or have an adverse effect on a consumers credit rating, is considered it appears, to be represented as the norm by them which concocted by some analysis based according to them what other people have done. 
And as they will state and/or have stated its up to the financial and credit reporting agencies and/or FICO and/or an entity to determine what that is by manipulating and/or generating the " 100 's of scoring models used today '' Which predicts & profiles, that is discriminatory by its very nature. And uses analysis of hundreds of others prior billing payments made and/or historical data. And not by the individual themselves. 
Then they are allowed to place whomever they want however they want in any category they want without any consistency creating variables in a category whether applicable or not. 
Lets look at an example of that if you pay off a Mortgage in full your credit score drops because you paid and account and closed it. ( See Attached copy of Screen Shot ) So, if you borrow and pay back, youre punished by having to pay higher rates and/or even not being able to be granted credit. Because of the Credit Score Shell Game Scam. 
In this example I had a few different mortgages for different properties al that were paid on time. As well as at times refinanced and/or paid in full. 
Lets review some of that the 1st unfair and/or inaccuracy that occurs by the analysis model is that when you refinance a mortgage to get a lower interest rate which increases your income to debt ratio your credit score drops. That is not appropriate and opposite of what should occur. People who do smart money management or lower interest rates lower the length a mortgage are put into the Credit Score Shell Game Scam. And their credit score drops instead of going up. 
Next, they also totally act as though there is no history of mortgage payments for example when you refinance to increase your income to debt ratio the prior mortgage is paid in full. Your then placed in the category which is not correct for the asset and/or the property and/or what has occurred your Credit Score Shell Scam drops. The reason explained is because 2 things one you closed an account. So, are people supposed to keep a mortgage account open that was paid off? Being paced in that category is erroneous and not correct and/or should it be allowed and/or applicable. 
Lets look at another worse example. If you pay off your mortgage then own the property outright and have no more mortgage payments on that property. Once again, your wrongfully paced in the Credit Score Shell Scam. 
For example, your mortgage that you paid off was XXXX a month and you have a duplex that is renting for XXXX a month and a property that you own ( Asset ) Worth Approximately XXXX and you just increased your income to debt ration your credit score drops again because of the Credit Score Shell Scam. 
Again, its unfair not accurate and is erroneous and/or not based on your actual situation. And/or credit worthiness. Its based on the Unfair Credit Score Shell Scam. 
Youre also punished if you use cash to make purchase and/or pay off bills to avoid interest charges and/or fees. That again punishes and literally fines people for smart management of money and/or their credit to debt ratios. 
For example, you got a credit card from XXXX XXXX at 0 % interest to work on another duplex so you could lower the mortgage payment and get a better rate as well as pull equity out while updating improving the property to make it so that an apartment income that was not prior could occur. Then you pay off that card because the original agreement you made with the creditor and/or XXXX XXXX was you had to pay the bill off by a certain time to avoid interest cost and be at 0 %. Afterwards your credit score drops again and why well because of the Unfair Credit Score Shell Scam. 
So, if you have no credit cards and/or have mortgages they dont matter because you dont have credit cards. If you get a credit card for a certain reason then pay it in full and close that account you are again punished because of your good money management and/or keeping your cost down and increasing cash flow and/or savings. You score will go down because Consumer Closed Account. 
Your supposed to keep accounts open so they can charge you fees and/or membership fees and/or in hopes that you max it out and can not pay it seems be the hidden agenda and/or how it is in appearance all of which is hidden and allowed by the so-called Fair Credit Act. 
And its all, up to all of them, by doing such manipulative things like the % rates a consumer will be eligible for and/or is based on and/or calculated at any given point of time and/or even afterwards they dont have to correct it. 

Then when new data occurs and/or when the previous data predictions were incorrect and/or one of the hundreds of models used predictions was wrong and/or no ones held accountable nor is it fixed and/or adjusted.

They also dont have to show consumers nor can consumers dispute what them secrete clubs summaries are in references to the ones generated until afterwards ( you apply for credit and then you get a reason of any action and/or rates based on the credit score in that model ) and there is no process or oversight for such a dispute. 
Furthermore, conveniently they dont have to provide such to consumers because they are circumventing the laws in place to protect the consumers and/or are manipulators by proxies. Or can consumers know and/or or request what those methods are because there is hundreds " of them. 
This is a clear violation of consumers rights and protections laws under many areas and we are notifying you so you can fix this and/or send to those who can. 
In the past we asked reporting agencies in writing witnesses by this consumer protection agency about this and/or their processes and they alluded time and time again and/or play a game of words that cleverly talks their way around it in writing. Lack of action made it so I have to pay a higher interest rate then what my actual rate should have been all because of the Unfair Credit Score Shell Game Scam. 
We remind everyone of them that doesn't elevate their having to complying with the laws. Or is it an acceptable excuse in having not too. That these reporting agencies have discriminated against me and its costing me money as well as making it difficult to do anything in an ecconmy that needs stimulus packages. It also forces people to have higher payments and rates that all of whom qualify for such and again the reason being the Unfair Credit Score Shell Scam. 
From the beginning they played coy ; We had no choice except to file complaints that in the prior administration fell on death ears we hope and pray this will not be the case with the current administration we dont need free credit reports every moth we need an overhaul of the processes we are reporting on. 
( Those report case numbers can be provided at request you will note everything we are reporting now ). You already had them and the record of actions are very clear to anyone who wants to do the proper credit analyses.

When inquiries were generated, they would tell us about financial agencies FICO score models or any non-pertinent information about themselves are part of the process or summarizing consumers reports. 

They were also well versed on them we continued and/or are repeating that request and/or results of such investigations into those previous requests made in writing or investigations of all of which they alluded to. They also play the blame game or the loop hole well we are just reporting what the 100s of models that are used to give a credit score so therefore we are not responsible for them and/or either are they and good luck trying to dispute it and/or request accuracies. 
So even though you may get that from them or some entity or one of the 100 's of models used and report it to anybody its not their ( The 3 credit reporting agencies ) responsibility if its wronged its theirs ( the 100s of models being used ) and/or because there are 100s of ways scores can be determined and/or models used all which can vary. When in fact they are charging for such reports? 
For example, for vehicle purchases a different model is used then for a Mortgage the so-called credit Karma and others Credit Score Shell Scam can be different so there is no way for any consumer to get a report thats applicable to any given instance and/or accurate. You can pay for one but it may not serve the purpose of why you paid to know it because it may not be used by the lender. Lenders dont have to tell you what one they will use and you have to let them do a hard inquiry which drops your Credit Score Shell Scam.

Or is it that consumers aren't allowed to know by whomever what methods were used or is there any regulatory guidelines standards and/or any way to dispute them. Because the way to circumvent and/or manipulate such protections is to scapegoat the topic by saying we just report information provided by creditors and/or or FICO Credit Scores and/or one of the hundreds of models used ''.

And consumers can just dispute anything except FICO or credit scores which is the most important part of your credit report. 
And just those who produce credit scores and/or credit reports know those processes and/or the 3 credit reporting agencies just have to give consumers information on those things that they are willing to and/or they dont have to verify the validity of it? As well as address disputes related to them and/or methods used during such processes based on their reporting? Does not seem like a Fair Credit Act to me. 
Some if you do their jobs and/or give them information thats not included will boost your scores while others will charge you to do so. Experian is a perfect example of that Credit Score Shell Scam.

The scores for sale trend and good luck with that one because even if you use it the creditor can use any model they want and/or make a new one. All of it is allowed and there is no oversite and the Fair Credit Act is circumvented once again. 

When you address it, they respond by shifting the blame to FICO and/or the credit scores and/or 100s of models used. 
Which again we ask all involved in this report we are generating. What are the processes to dispute that aspect of consumers reports ( credit scores and with whom? And/or how ) which determines what consumers interest rates will be at any given point of time and/or consumer 's credibility rating is?

Its the most important part of your credit reports and its not covered in the Fair Credit Act and is a way to circumvent it.

We also became aware of another violation if you try to get pre approvals and make any statement on such requests that is supposed to be a soft inquiry that information is used to lower your Unfair Credit Score Shell Scam. 
I was discriminated during such a process and as well as became aware of an error that was put on my account as well as to how they discriminate against anyone who retires. If you retire you Credit Score Shell Scam drops. It doesnt matter what your actual status is. 
That is discriminatory most people who retire their homes and cars are paid off they have a pension and/or social security which is a violation The Fair Credit Act. However, it is allowed to occur because of the Unfair Credit Score Shell Scam. 
And which we remind the reporting agencies of your purpose for generating reports are based on which your companies are profiting from. And the law is they must be accurate which they are not because of the Unfair Credit Score Shell Game Scam. 
What are the consumer protections requirements etc.? What are the consumers rights protection laws dispute processes or governing processes for those matter 's? Why is there no required information that must be given to consumers during such processes about it? Or is it that those requirements have been willfully circumvented? 
Be forewarned the 3 reporting agencies are directly involved in these proceedings and should be held accountable no matter how it chooses to try to scapegoat its responsibilities under the law. 

And as you are witnessing it will be addressed and/or reported too and/or by the proper authorities and us as well as legislative branches when applicable and as per our request during filing this report. 
We also now request that an analysis of the markets be done by an independent consumers rights agency since the introduction of FICO and/or Credit Scores to determine what extent its effects are and/or what the impact is. 
We will not tolerate such activities from anyone who is engaging in such practices as the mentioned appearances are apparent. 
And we will work together with anyone who wants to comply and conform and/or address any pending matters and/or shortfalls of consumer protections and rights as well as the reporting agencies and everyone else 's rights in an applicable manner. 
Together we should all be concerned about the heartbeat of the financial economics mentioned above together we stand divided we fall. If the stability of economics crashes all will suffer including those worldwide. 
Lets get to the meat and potatoes of things and review this topic. 

From our research and/or looking into the ongoing matters and/or correspondences and/or informations obtained from others and/or our correspondences it appears that FICO and/or Credit Scores is a way to circumvent credit protection laws in place and/or are a model thats used to manipulate the outcomes of percentage rates given to consumers. 

And it's being communicated and/or represented appearances are itself is without any rules or regulations or oversight and/or is there any dispute processes available in relation to the same. And its in non-compliances and/or appearances are its circumventing SUBCHAPTER IIICREDIT REPORTING AGENCIES 1681. 

Congressional findings and statement of purpose as it pertains to Accuracy and fairness of credit reporting and also Reasonable procedures ( b ) ( a ) 1-4 specifically in references to consideration or lack of consideration of certain factors by credit scoring systems resulting in negative or differential treatment of protected classes under the Equal Credit Opportunity Act, as well as many others. ( Note we are not going to list through all the codes and/or infractions at this time and they are very clear and obligatory. ) That it is adversely effecting economics and the wellbeing of all entities as well as consumers and/or is part of the economic system collapses, past and future, affecting financing, businesses, households as well as the average persons etc. It appears it is controlled by the creditors & credit reporting agencies and/or others generating FICO Credit Scores models and/or entities without any compliance to consumer protections laws, and dispute processes. 

For example, being able to obtain what the 3 reporting agencies are reporting at no cost within limitations in references to an consumers FICO score without being charged by in this example TransUnion and/or or the summaries they are providing to creditors and/or amongst themselves and/or FICO generating entities compliances to regulations requirements in references free reports and/or by the 3 reporting agencies ( which includes the scores and/or 100s of models scores ). In references to it pertaining to the availability being provided to consumers in references to FICO scores and/or summaries prior to and/or by the 3 reporting agencies as per known consumers protection regulations.

That making it so that requirements are being circumvented as well as a mystery with 100 's of variables in 1681c1 2 Access to free reports. And it is obvious that things 15 U.S.C. 1681 et seq addresses needs to occur. Furthermore, their claims are that they dont provide credit scores to consumers yet on page 3 of their prior response ( and it appears they are trying to again elude these requests in writing and/or are circumventing them ). It clearly States if you like to receive your " Credit Score please provide payment then it states " score if applicable. '' Thank you for your time and reviewing this report.

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation