Consumer complaint received 2022-08-28
Company: BANK OF AMERICA, NATIONAL ASSOCIATION
State: GA
Product: Vehicle loan or lease
Sub-product: Lease
Issue: Getting a loan or lease
Sub-issue: Credit denial

Complaint:
Fact, I am a federally protected consumer, holder in due course, and the ORIGINAL creditor of the United States. 

Fact, I applied to extend credit to me on XX/XX/XXXX year 2022 of our lord and was discriminated against upon not having that credit extended to me pursuant to the XXXX. 

Fact, I applied for a consumer credit transaction to obtain personal property on credit. As the applicant, Pursuant to 12 CFR 1002.2 ( e ), I was applying to extend credit to me. Being you did not rightfully grant me this credit, this is an of discrimination against the consumer. 

Fact, Pursuant to ,15 USC 1681 ( a ) ( 4 ), as the consumer I have the right to privacy. The banking system is dependent on the CRAs accurate information pursuant to 15 USC 1681 ( a ) ( 1 ), being that they can cause financial hardship to the consumer. CRAs assumed a vital role of furnishing these reports, these are not government entities, so if I'm supposedly getting funds from the government why are you in need of information from a non- government entity in order to grant me my extension of credit. CRAs are simply for-profit companies who are illegally selling my information. 

Notice, Bank of America stated the information in my credit file on XXXX was the reason for the act of discrimination. This information includes : Lien, judgment, charge-off, or settled account. Applicant Number of major derogatory accounts and/or public records. XXXX XXXX. XXXX - XXXX derog. - delq/public records to all trades ratio. Applicant Insufficient recent satisfactory credit history or no credit file. Applicant Fact, The accounts that are being reported on XXXX, XXXX XXXX XXXX, have already been disputed and removed with XXXX. Those are not my debts. This is why its vital for them to report accurately due to banks depending so heavily on these reports. 

The two charge off accounts are also inaccurate information being reported on my credit. Firstly, they are charged off as profit and loss and they get a tax write off for these said accounts. Secondly, XXXX finance unlawfully collected on an extension of my credit in violation of 18 USC 891-894. We are now in arbitration but I can not discuss the details. 

Notice, XXXX is also in violation of the FDCPA and should not be reporting on my file. All of these said accounts are NOT reporting in the negative amount so what debt do I owe? This is inaccurate information. These accounts were already paid for when they released my securities to them. 

My social security number to my knowledge is a trust account connected to the Federal Reserve, and me being a federally protected consumer and original creditor of the United States. XXXX and XXXX are taking money out of my account when I indorsed the notes/instruments pursuant to UCC 3-104 ). I signed the notes in order for them to release securities and grant the extension of credit. The indorsement, pursuant to UCC 8-102 ( 11 ), on the notes were communicated, pursuant to UCC 8-102 ( 6 ), to a clearing corporation, pursuant to UCC 8-102 ( 5 ) to release such securities on my behalf. Proof of this is the inquiry on my XXXX file that is the receipt of this XXXX Fact, All said accounts are being inaccurately reported. An account pursuant to 12 CFR 1002.2 ( a ) is an extension of credit. Which is proof they are extorting me and trying to unlawfully collect on an extension of credit they already granted to me as the consumer. 

Notice, I dont have any recent credit transaction history because of discrimination like this. I cant be at fault for discrimination. Reporting agencies are causing me financial harm as a federally protected consumer and original creditor. 

Furthermore, all of the information you mentioned to be the reason of this act of discrimination are inaccurate! I can not lawfully owe any debt and anyone trying to collect on all unlawful debts will/ and are being held personally liable. The dollar is not backed by anything and our gold standard has been taken away from us so I can not pay any alleged debts. 

Notice that the letter Bank of America sent me on XX/XX/XXXX year 2022 of our lord is proof of adverse action pursuant to 12 CFR 1002.2 ( c ). You discriminated against me and did not approve my application requesting to extend credit to means you failed/never tried to make me a counter offer. 

Ive submitted an application, pursuant to 12 CFR 1002.2f, to extend my credit to me.This, to my understanding, was to be treated as a consumer credit transaction ( 15 USC 1679a ( 2 ). Being that I am an applicant pursuant to 12 CFR 1002.2 ( E ) Im requesting an extension of my credit. How can I lawfully be denied extension of my own credit? 12 CFR 1002.2 ( h ) defines Consumer credit as credit EXTENDED to a natural person primarily for personal, family, or household purposes, in this case a car. 

Fact, this is a violation of 15 USC 1611 being that Bank of America gave me false information. you are willingly and knowingly denying me extension of my own credit. 

In addition, an extension to something thats already in place or existing, correct? Meaning this credit is already granted to me. I'm simply expressing my rights and applying for the credit to be EXTENDED and Im being discriminated against.

Ive submitted my credit card ( 12 CFR 1002.2k ), in this case my social security number, information online on the application in order to receive and purchase a car on consumer credit ( 12 CFR 1002.2h ) for personal and household use, so there is no reason I should have been denied. I have the right to apply for credit and be granted that credit to be extended to me, which is what I am trying to do but I am unlawfully being denied that right. Anyone who violates me can and will be held personally liable for each violation.. 

Please lawfully show me where Im legally able to be denied the extension of my own credit by any financial institution. To my understanding Banks do not have the ability to loan money, banks purchase notes from consumers. I am the consumer and original creditor so I cant pay any debt, I extend credit. The one who pays the debt, according to XXXX is the one who holds the XXXX, and the Constitution states debts can only be paid by gold. Being they took away our gold standard and means to pay debt, it is their obligation pursuant to 18 USC 8. Additionally, Public Law : " Chap. 48, 48 Stat. 112 also states the Federal government pays for every debt dollar for dollar. 

On the last paragraph of page one of the letter Bank of America sent to me is a statement referring to the Equal Credit Opportunity Act stating you can not discriminate against me. As stated you are in violation of discrimination due to me expressing my rights to have credit extended to me upon applying for a consumer credit application. Also I want to note Bank of America is insured by the FDIC, backed by the full faith and credit of the United States government, and they are in violation of the FDIC.

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