Consumer complaint received 2023-09-08
Company: EQUIFAX, INC.
State: TX
Product: Credit reporting or other personal consumer reports
Sub-product: Credit reporting
Issue: Incorrect information on your report
Sub-issue: Information is missing that should be on the report

Complaint:
I received latest XXXX XXXX XXXX Credit card statement and saw on pages 5 & 6 info. about my credit score a of XX/XX/XXXX. XXXX has Credit Score : XXXX based on info. from Equifax Credit Info. Services XXXX. Pg. XXXX states " key factors that adversely affected your ( my ) credit score are : '' 1.Lack of recent installment loan info. What is " recent ''? In XXXX I paid off about {$230000.00} 10 year in 35 months with NO past dues. In XX/XX/XXXX I got a loan to finance a XXXX new Jeep. In XXXX XXXX I found that XXXX XXXX LIED to me about how they book simple interest loan. ( Now, XXXX XXXX XXXX XXXX XXXX Bureau is investigating ( my complaint ) this sneaky loan interest booking game and many other problems XXXX and it's dealers, loan processor, etc. ). So, I paid off 2 year loan in less than 30 days! 
XX/XX/XXXX Equifax credit report states I have " Balances on bankcard accounts too high compared to credit limits '' : THIS IS TOTAL 100 % WRONG, INACCURATE AND BS!! 
2. I have 11 credit card accounts. Total credit limit is {$100000.00}. My average monthly balances for last 12 months is {$3100.00}. That's a XXXX XXXX usage of available credit. SUPER LOW!!! I'm NEVER PAST DUE! I'VE BEEN USING CREDIT CAED ACCOUNTS SINCE XXXX XXXX WITH NO PAST DUES!!! As a former credit & debt mgr. I use to credit counsel people. My accounting, XXXX, business ownerships, degree and 50 years of experience means I KNOW WHAT THE XXXX I'M DOING WITH MY CREDIT!! 
Another reason I have 11 credit card accounts is that I'm helping my XXXX wife build her credit. So, each credit card issuer FORCED ME TO GET A CREDIT CARD ALONG WITH MY WIFE because all I wanted was some POA like way to call and talk to credit card issuer if any questions about wife 's credit card. I didn't want a credit card! I argued with credit card issuer, but credit card issuer said I MUST get same credit card as my wife on her account!!! I still hate this. I think it is illegal. My wife is very good at managing credit & her finances! Just her English level is not enough for talking about complex credit card laws. 
3. Equifax XX/XX/XXXX credit report states : Lack of sufficient ( what does sufficient mean? ) relevant ( what does relevant mean? ) mortgage A/C information? Look at # 2 above. XXXX XXXX XXXX statement & Equifax XX/XX/XXXX both state I have TOO MANY CREDIT CARD ACCOUNTS WITH TOO HIGH BALANCES! If this were true ( XXXX sure isn't true see # 2 above ) then WHY SHOULD I HAVE A RECENT MORTGAGE?!!! I paid CASH FOR OUR HOUSE IN XXXX! Saved a lot of money! Why waste my money on interest? STUPID! And, at age XXXX, WHY SHOULD I HAVE RECENT RELEVANT MORTGAGE??!! At XXXX I would be darn STUPID TO HAVE A RECENT MORTGAGE!!! 
4. Equifax XX/XX/XXXX Credit Report states : Lack of sufficient credit history on bankcard credit report. Problem is companies that report credit info. are at fault!!! And, Equifax drops credit histories after 10 years or less! I opened XXXX XXXX on XXXX XXXX, XXXX. I still have old credit cards from XXXX. I have cards with NO magnetic tape on back of card! These cards used carbon paper to make a receipt. Some banks like XXXX XXXX XXXX XXXX XXXX were bought our by XXXX. XXXX issued me a XXXX Card & had me still use old XXXX XXXX XXXX XXXX XXXX! XXXX issued me credit card long ago XXXX, then later offered me a different card several years later, and I could keep old XXXX card and use it. This kind of thing has happened about 6 times since XXXX. POINT : When Credit Card issuers issue new credit cards to people as me they sometimes CLOSE OLDER CREDIT CARD & ONLY REPORT NEW CREDIT CARD INFO. TO CREDIT BUREAUS!!! LACK OF SUFFICIENT CREDIT HISTORY IS TOTALLY UNTRUE AND BS!!!! 
5. Both XXXX XXXX XXXX latest Statement & XX/XX/XXXX Equifax Credit Report both state TOO MANY CREDIT INQUIRES. This happened because a REALLY XXXX credit mgr. at XXXX dealer learned that my Credit File is FROZEN OR LOCKED and didn't ask me to open it so he could check my credit. Instead he sent credit requests to MANY XXXX XXXX We got into a BIG argument about this and several other lies he told me. THIS IS XXXX REASON I HAVE AN ACTIVE AGAINST XXXX, this dealer, XXXX XXXX, et al. XXXX XXXX TRIED TO FRAUD ME, BUT FAILED!!! I have photos and PROVE WHAT I SAY!! 
SO, TOO MANY INQUIRES IS DUE TO REALLY XXXX, LAZY, DON'T GIVE A XXXX XXXX XXXX. AT XXXX DEALER!!!!! I'M STILL VERY ANGRY ABOUT ALL THESE TROUBLES!! 
Last, I'VE ALREADY TALKED TO A LAWYER ABOUT ALL THIS! 
Equifax Reason Codes are untrue because some do not apply to me, not factual, incorrect software coding, insulting considering my XXXX years of spotless credit history, and stating some old man needs to have credit AS EQUIFAX STATES! I NEVER NEED TO CONSULT WITH ANY CREDIT BUREAU OR BANK ABOUT HOW I SHOULD MANAGE MY CREDIT. WHAT IS XXXX 'S CREDIT RATING WITH XXXX XXXX  XXXX, XXXX XXXX OTHERS! XXXX OR BBB OR CCC? 
And, I have 7 figure in net assets and 5 figure monthly income, MORE THAN ENOUGH TO HANDLE OUR CREDIT NEEDS. All the XXXX in dealing with credit bureaus making me consider going to 98 % debit cards & cash! ANGRY!!!!

Company response to consumer: Closed with non-monetary relief