Consumer complaint received 2023-12-18
Company: Self Financial 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:
After carefully reviewing my consumer report, I realize my consumer rights have been violated. According to the Fair Credit Reporting Act, 15 USC 1681a Definitions : Rules of Construction ( 2 ) ( a ) ( i ) States the term consumer report doesnt not include any report containing information solely as to transactions or experience between the consumer and the person making the report. Late payments are a form of transactions and utilization is an experience created by credit usage. The companies below are reporting payments on multiple accounts ( accounts listed below ) and/ or Utilization is an experience created by credit usage. 15 USC 1681b ( a ) ( 2 ) states any consumer reporting agency may furnish a consumer report under the following circumstances and no other, in accordance with the consumer to whom it relates. I never gave the companies below written instructions to report anything to my consumer report, let alone these payments/utilizations. Sent a letter letting them know that I opted out of their reporting. Also, according to 15 USC 1681 602 Congressional findings and statement of purpose states, There is need to insure that consumer reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumers right to privacy. It also states the banking system is dependent upon fair and accurate credit reporting. Inaccurate credit reports directly impair the efficiency of the banking system, and unfair credit reporting method undermined the public confidence with is essential to the continuous function of the banking system. The reporting of these payments to my consumer report are not accurate and my privacy has been violated due to the companies listed below. 

XXXX XXXX XXXX XXXX is a witness to multiple violations of 15 USC 1681. They have a report of every transaction from every bank since opening a bank account. I opted out of all consent to disclose my personal information to all of the users who supplied it to their affiliates. I will attach a copy of one of the letters sent to all of my credit users. The terms and conditions of the banks that I have banked with show on their XXXX form at the SEC that they are in compliance to 15 usc 6805 and my ability to opt out of them sharing my information. 

When it comes to the student loan companies XXXX XXXX XXXX and Privacy Act of 1974 ( FERPA ). Which states schools must have written permission from the parent or eligible student in order to release any information from a student 's education record. I have reached out and exclaimed this over the years with little to no results. 

For the collection agencies that claim that I owe them a that has been sold to them is also invalid because its considered a charge off which is defined as income according to the IRS. The original contract with the agency that sold the debt charged off the debt with the IRS and now that debt is considered income. 

The Privacy Act of 1974 says : 1. 5 U.S.C. 552a ( b ) ( 1 ) - Need to Know within Agency No agency shall disclose any record which is contained in a system of records by any means of communication to any person, or to another agency, except pursuant to a written request by, or with the prior written consent of, the individual to whom the record pertains unless the disclosure would be The Inquiries listed on my credit profile are also a violation to The privacy act of 1974 and 15usc1681 ( C ) any report in which a person who has been requested by a third party to make a specific extension of credit directly or indirectly to a consumer conveys his or her decision with respect to such request, if the third party advises the consumer of the name and address of the person to whom the request was made, and such person makes the disclosures to the consumer required under section 1681 of this title ; All of the inquiries and any reports stating payments were late should be removed. All payments were made on time using securities. A Forensic Financial audit would clearly show none of the payments were late, therefore ; All of my accounts should show positive payment history. 

By my opting out of all credit reporting per 16 USC 6802 my transaction history should not have been reported and demand that the law is obeyed and show my credit utilization to be 0 % Im reporting this to CPFB because of 15 usc 6805 says : Subject to subtitle B of the Consumer Financial Protection Act of 2010 [ 12 U.S.C. 5511 et seq. ], this subchapter and the regulations prescribed thereunder shall be enforced by the Bureau of Consumer Financial Protection, the Federal functional regulators, the State insurance authorities, and the Federal Trade Commission with respect to financial institutions and other persons subject to their jurisdiction under applicable law. 


Accounts on my credit report that need adjusting and compensation administered are as follows : U S Department of EducationXXXX XXXX which shows XXXX months per of payment history, all of the accounts opened XX/XX/XXXX until XX/XX/XXXX. There are XXXX accounts with this company which totals to XXXX instances of them reporting my transaction history. 

XXXX balance {$1100.00} XXXX balance {$3600.00} XXXX balance {$4400.00} XXXX balance {$2900.00} XXXX balance {$2900.00} XXXX balance {$4300.00} XXXX balance {$3300.00} XXXX balance {$10000.00} XXXX balance {$6300.00} XXXX balance {$3600.00} XXXX balance {$7800.00} XXXX balance {$3700.00} XXXX balance {$5500.00} XXXX balance {$3600.00} XXXX balance {$5300.00} XXXX balance {$1700.00} XXXX balance {$3300.00} XXXX balance {$530.00} XXXX XXXX XXXX acct XXXX opened XXXX, XXXX to XX/XX/XXXX. XXXX Months of reporting payment history. 

XXXX XXXX XXXX XXXX opened XXXX, XXXX to XXXX, XXXX as a charge off. Which is considered income and cant be listed as debt. 

XXXX XXXX acct XXXX opened XX/XX/XXXX to XX/XX/XXXX which is XXXX months of reporting payment history.

Company response to consumer: Closed with explanation