Consumer complaint received 2023-12-18
Company: Experian Information Solutions Inc.
State: GA
Product: Credit reporting or other personal consumer reports
Sub-product: Credit reporting
Issue: Improper use of your report
Sub-issue: Reporting company used your report improperly

Complaint:
I've been fighting these XXXX points for a few months now, and my credit report 's current condition is keeping me from being granted the credit I'm due. 
Problem # 1 : My address is incorrect. My only residential address is XXXX XXXXXXXX XXXX XXXX XXXX XXXXXXXX. Please correct this Problem # XXXX : XXXX XXXX XXXXt # XXXX As Defined by The IRS Even if you didn't receive a Form 1099-C, 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 which in fact makes your reporting of this account inaccurate! 
By Definition The IRS Clearly says a Cancelled debt or Charge off is Income. The reporting of this account as a debt is in accurate. 
15 USC 1681 s-2 Says you XYZ company are a furnisher of information to a consumer reporting agency.

You ARE PROHIBITED BY LAW to furnish inaccurate information. I demand you to Cease and Desist the reporting of incorrect/ in accurate information immediately.

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 Filled the account as a canceled debt.

My Address 15 U.S. Code 1681s2 ( a ) Duty of furnishers of information to provide accurate information Prohibition ( B ) Reporting information after notice and confirmation of errors A person shall not furnish information relating to a consumer to any consumer reporting agency if ( i ) the person has been notified by the consumer, at the address specified by the person for such notices, that specific information is inaccurate ; and ( ii ) the information is, in fact, inaccurate.

In conclusion I have shown you and you 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 and my family severe harm due to your negligence and inaccurate reporting. This is a final opportunity to Cure and DELETE This Erroneous, inaccurate account from my Consumer report. 


Issue # XXXX : Although they are mentioned in separate sections of my report, portfolio accounts XXXX and XXXX are the same accounts. They are not always consistent. Kindly review the account information. I underlined the inaccurate data. How come I'm fine in XXXX, yet 120 days behind schedule in XXXX, and fine once more in XXXX? I have an active XXXX XXXX account, so please delete these accounts as well. How can I have one account in collections and one that I use right now? Delete these accounts if adequate validation is not possible, as I have been requesting for months! The attorney general of Georgia, Texas, Pennsylvania, New York, and Virginia will also receive a copy of this letter. Since my information dispute has not been settled in accordance with the law, I will also be getting in touch with the XXXX XXXX XXXX in these jurisdictions.

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