Consumer complaint received 2016-10-26
Company: Exeter Finance Corp.
State: WA
Product: Consumer Loan
Sub-product: Vehicle loan
Issue: Managing the loan or lease

Complaint:
To whom it may concern, Exeter Finance Corp is using false and misleading information which is a tactic to keep my credit score low. 
I have been reviewing my credit reports and see that you are reporting the above referenced account number as having a balance and a past due amount. I actually do n't agree with you regarding the amount and that is why I am writing to you. I am disputing this as being inaccurately reported, which is my legal right to do. 
I also am bringing to your attention that in order to furnish information on my credit reports, you have to have my written consent, pursuant to FCRA 603 ( o ) ( 5 ) ( A ) ( iii ). I do n't recall ever giving you written consent to collect information or make any communication about this account. In case I am mistaken, I hereby completely revoke and rescind any consent or authorization to collect information or make any communication about me regarding this account on my credit reports. 
Next, I have been doing some reading and I have found that you are required under the law to charge off accounts that have no payments at 180 days or 60 days if included in a bankruptcy. You are also required under XXXX XXXX XXXX XXXX to cancel that alleged debt by including it in your tax reporting as a deduction. This requires it to be categorized as worthless and not recoverable, and charging off and deducting the wholly worthless amount or only the non-recoverable portion. 
Now, if you complied with the law, this account has been included in your tax deductions already and I am pretty sure that you also received monies from at least 1 filed insurance claim against it to protect your assets. I contend that the only balance and past due amounts that should be reported at this point is {$0.00} for XXXX as this has been discharged and anything other than {$0.00} is inaccurate and not in accordance with the law. Because it is inaccurate alone, notwithstanding you do n't have my written consent to make any communication regarding it, the FCRA requires that it be corrected or deleted. 
Under XXXX XXXX ( d ) ( XXXX ) you are required to cease all reporting of disputed accounts until it has been resolved. Please note that the definition of Resolved does not mean a one-sided determination. Resolved means there is agreement of XXXX sides. 
* Resolved, a form of the word Resolution : XXXX XXXX XXXX : " a settlement of a problem, controversy, etc. '' Synonyms from XXXX XXXX XXXX : " agree, conclude, fix, settle, undertake. '' Please provide the following items to me to resolve the dispute regarding accuracy of whether or not there is a balance and past due on this account and that you even have/had the right to make a communication on my credit reports. 
To prove the claim you have launched against me, I need you to provide the requested documentation and I need you to admit or deny the following information on a sworn affidavit. Anything you deny will need supporting documentation. Anything not answered will be deemed admitted, as XXXX Agreement. By the way, this sworn affidavit must be completed and attested to under penalty of perjury, by someone with first-hand knowledge of the account, from origination to the present day. 
Everything is contract law. A valid contract means that it is bilateral. Neither unilateral nor adhesion contracts are valid contracts. A bilateral contract is proof that you made an offer with full disclosure and I accepted and it will have both your authorized representative 's signature and mine on the contract. Should you not provide the following items requested of you to present to me, your claim will be rejected and you will be in default and dishonor. Of course you can avoid this exercise by deleting the information from credit reports and notifying me in writing within 14 days that you have done so.

Company response to consumer: Closed with explanation