Consumer complaint received 2019-05-20
Company: TD BANK US HOLDING COMPANY
State: MI
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:
Subject : Target Credit Card Info. and Violative Reporting and Re-Aging of Alleged Debt. 

As a regulatory compliance professional, I take the position that the credit reporting data provided on my credit reports by Target ( credit card ) is in violation of federal fair credit reporting rules / Regulation V. 

As the CFPB staff ( the experts ) are well aware, the credit reporting agencies and those reporting to them have a duty to record consumers ' account data accurately and completely. If even the smallest detail is incorrect or if the creditor-collector can not verify a piece of data, they must delete the information. Based on the following events, I believe Target has not acted in good faith, has engaged in fraudulent credit reporting, and has damaged my current credit status. Therefore, I respectfully request that Target be held accountable and that all Target data be removed from my credit history, across all of the credit reporting agencies.

The Target data on an alleged credit card debt in my name is reporting differently across the 3 major credit agencies and worse - on XX/XX/XXXX, I received a credit alert that Target RE-AGED the debt on XXXX   and changed the account closed date from XX/XX/XXXX to XX/XX/XXXX!! In addition, in XX/XX/XXXX, I noticed Target  reported to XXXX  that I made a {$200.00} payment on the alleged, nearly 7 year old debt. THIS IS FABRICATED. 

1 ) On XX/XX/XXXX, after disputing the accuracy of information for an account allegedly closed in XX/XX/XXXX, Target changed the account closed date to XX/XX/XXXX. This blatant attempt to re-age the alleged debt caused credit alert reports to generate which alerted me to Target 's fraudulent reporting via XXXX. 

2 ) I had originally disputed Target information in XX/XX/XXXX after seeing that Target  had posted a bogus {$200.00} payment made on this alleged debt via XXXX. This was a surprising piece of data to appear on my credit report. This information was new and was fabricated since I did not send Target this payment. Perhaps this fraudulent data was posted to the account prior to the firm re-aging the debt? Quite possibly. 

3 ) In XX/XX/XXXX, I had requested data for this alleged debt after reading more about Target 's data breaches and became concerned when I noticed that across the 3 credit reporting agencies, Target reports different last pay dates, reported dates and closed dates for this account, in addition to different data as to who to contact for information on the account. Specifically : XXXX  : Shows a last pay date of XX/XX/XXXX and reported date of XX/XX/XXXX. The contact info is XXXX. XXXX XXXX in XXXX., MN and no phone number if available. 

XXXX : In XX/XX/XXXX, the Target data reflected a XX/XX/XXXX and a closed date of XX/XX/XXXX. However, in XX/XX/XXXX, they reported a last pay date of XX/XX/XXXX. Target   just recently reported a bogus {$200.00} payment. This is not true whatsoever and I promptly filed a dispute. I can't even get Target to verify the debt and the charges-balance data on this alleged account, much less would I make a payment to Target. 

XXXX : In XX/XX/XXXX, Target data reflected a last pay of XX/XX/XXXX and a close date of XX/XX/XXXX. However, on XX/XX/XXXX, after disputing the {$200.00} payment and noting that Target has not responded to a debt verification request from XX/XX/XXXX, they changed the reported closed date to XX/XX/XXXX ... A full 4 1/2 years AFTER they originally reported the account closed. I filed an immediate complaint with XXXX  on the XX/XX/XXXX, after receiving an credit monitoring alert via email. 

I wish to thank the CFPB for the excellent work the department does in their efforts to protect consumers from unsavory reporting processes by credit companies and the seemingly lack of oversight by the reporting agencies. Feel free to contact for any additional information and/or copies of reports associated with this matter. Kindest regards.

Company response to consumer: Closed with explanation