Consumer complaint received 2022-10-08
Company: CREDIT ACCEPTANCE CORPORATION
State: GA
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Incorrect information on your report
Sub-issue: Information belongs to someone else

Complaint:
consumer, XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Georgia XXXX XXXX 
XXXX XXXX XXXX XXXX XXXX XXXX XXXX, TX XXXX United States RE : 15 USC 1681s-2 : Responsibilities of furnishers of information to consumer reporting agencies Account XXXX XXXX NOTICE TO AGENT IS NOTICE TO PRINCIPAL NOTICE TO PRINCIPAL IS NOTICE TO AGENT You are furnishing inaccurate and incorrect information to the consumer reporting agencies. The reporting of such inaccurate information has caused severe damage to my character, my reputation, my general mode of living and my ability to obtain credit for personal, family and household purposes which is also damaging my ability to obtain consumer essential goods. You and your inaccurate reporting have damaged my livelihood.

15 USC 1681s-2 : Responsibilities of furnishers of information to consumer reporting agencies ( a ) Duty of furnishers of information to provide accurate information ( 1 ) Prohibition ( A ) Reporting information with actual knowledge of errors A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or consciously avoids knowing that the information is inaccurate. 
. 

Duty-A moral or legal obligation ; a responsibility Accurate- correct in all details ; exact Prohibition- the act of prohibiting by authority ; the action of forbidding something ; a law or regulation forbidding something As defined by IRS EVEN IF YOU DIDNT 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 canceled debt or charge off is income. The reporting of this account as a debt is inaccurate, 15 USC 1681s-2 says you XXXX is a furnisher of information to a consumer reporting agency. You are prohibited by law to not FURNISH inaccurate information. I demand you to cease and desist the reporting of incorrect/inaccurate information. 
15 USC 1681s-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 consciously avoids knowing that the information is inaccurate. 
You are hereby put on notice that you are furnishing incorrect and inaccurate information. 
A lender must file 1099-c and send me a copy if the amount of debt is {$600.00} or more. And the lender is a financial institution, credit union, federal government agency, or other applicable entity as earlier discussed in Chapter 1 15 USC 1681s-2 ( a ) Duty of furnishers of information to provide accurate information ( 1 ) 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 1681s-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.

You have ( 10 ) ten calendar days to DELETE THESE ACCOUNTS FROM MY CONSUMER REPORT. 
As well as XXXX XXXX XXXX or any derivates thereof and all addresses, employers and birth year under the privacy act of XXXX and the right of financial privacy act of XXXX, all personal information relating to anyone but XXXX XXXX as all addresses are inaccurate information. Report number XXXX REMOVEXXXX XXXX XXXXXXXX and any address associated with that name, it is not me. 
XXXX Auto-charge-off and XXXX-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 explanation