Consumer complaint received 2022-06-09
Company: TRANSUNION INTERMEDIATE HOLDINGS, INC.
State: CT
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:
Please see attached information that verifies my identity and evidence to support this issue. Please also refer to my original CFPB complaint # XXXX from XXXX I also have a letter from XXXX XXXX Bank stating the account XXXX has been settled and on my credit report it is NOT reported as such. 

To : TransUnion You are in violation under 15 U.S. Code 1681i ( 5 ) Removal of Inaccurate/invalidated Credit Information and 15 U.S. Code 1681e ( b ) - Compliance procedures maximum possible accuracy and 15 U.S. Code 1681s2 Responsibilities of furnishers of information to consumer reporting agencies To : TransUnion Recently , I did an investigation on my credit report which caused severe XXXX upon me and found unverifiable, invalidated, inaccurate, and questionable items that your agency didn't make sure it was reporting 100 % correct. Under 15 U.S. Code 1681e ( b ) Accuracy of report Whenever a consumer reporting agency prepares a consumer report it shall follow reasonable procedures to assure maximum possible accuracy of the information concerning the individual about whom the report relates. I know that Under 15 U.S. Code 1681s2 & 15 U.S. Code 1681i ( 5 ) Treatment of inaccurate or unverifiable information ( A ) In general if, after any reinvestigation under paragraph ( 1 ) of any information disputed by a consumer, an item of the information is found to be inaccurate or incomplete or can not be verified, the consumer reporting agency shall ( i ) promptly delete that item of information from the file of the consumer, or modify that item of information, as appropriate, based on the results of the reinvestigation ; and ( ii ) promptly notify the furnisher of that information that the information has been modified or deleted from the file of the consumer. If you are unable to provide me a copy of verifiable proof within 15 days after your investigation, you must remove the accounts and or the information listed below. Thanks for your help with this matter. 

As defined by The IRS : Even if you didnt receive a form 1099c, you must report canceled debt as gross income on your tax return. The IRS Clearly defines a charge off as Gross or Ordinary income, INCOME DOES NOT GET REPORTED ON THE CONSUMER REPORT. By definition The IRS Clearly says a Canceled debt or Charge Off is Income. The reporting of this account as a debt is Inaccurate. XXXX5USC 1681 s-2 Says You TRANSUNION a furnisher of information to a consumer reporting agency. You are PROHIBITTED BY LAW to cease and desist the reporting of incorrect/inaccurate information. 15 USC 1681 s-2 ( a ) ( 1 ) ( A ) 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. You are hereby put on NOTICE that you are furnishing incorrect/inaccurate information The lender must file Form 1099-C and send you a copy if the amount of debt canceled is {$600.00} or more and the lender is a financial institution, credit union, federal government agency, or other applicable entity as discussed earlier in chapter 1. The above paragraph is taken directly from the IRS 2021 publication. Send ME MY FORM 1099-C that you should have sent when you filed the account as a canceled debt. In conclusion I have shown you and have been put on notice that you are reporting inaccurate information. The information is, in fact, inaccurate. The continued reporting of this inaccurate information is a clear violation of the law 15 USC 1681 s-2 of your responsibilities as a furnisher of information. You have caused me severe harm due to your negligence and inaccurate reporting. This is a final opportunity to rectify the issue and DELETE this Erroneous, inaccurate account from my Consumer report. 

DELETE these accounts from my consumer account! Duty : a moral or legal obligation : a responsibility Accurate : correct in all details ; exact Prohibition : a law or regulation forbidding something Accounts I am Disputing : THE BANK OF XX/XX/XXXXAccount number XXXX Status -- Charge-OffXX/XX/XXXXT XX/XX/XXXX BANK Status Account number XXXX Status -- Charge-Off

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 non-monetary relief