Consumer complaint received 2022-07-03
Company: Experian Information Solutions Inc.
State: VA
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Problem with a credit reporting company's investigation into an existing problem
Sub-issue: Investigation took more than 30 days

Complaint:
NOTICE TO AGENT IS NOTICE TO PRINCIPAL 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 ot my character, my reputation, my general mode of living and my ability to obtain credit for personal and housing purposes. This is in regards to the following accounts : XXXX XXXX {$2700.00} XXXX XXXX {$1400.00} XXXX XXXX {$8800.00} XXXX BANK XXXX {$4000.00} XXXX CARD XXXX {$5200.00} XXXX CARD XXXX {$790.00} XXXX XXXX XXXX XXXX XXXX {$790.00} XXXX XXXX XXXX XXXX {$16000.00} XXXX XXXX XXXX {$4700.00} XXXX XXXX {$3500.00} XXXX XXXX XXXX XXXX {$30000.00} XXXX {$12000.00} XXXX XXXX {$0.00} XXXX XXXX - XXXX {$4700.00} You and your inaccurate recording have damaged my livelihood. 
15 U.S. Code 1681s2 - 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 has reasonable cause to believe that the information is inaccurate. 
( B ) Reporting information after notice and confirmation of errorsA 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. 

As Defined by the 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! 

By definition the IRS clearly says a cancelled or charge off is income. The reporting of this account as a debt is accurate. 

15 UCS 1681 s-2 says your company is the furnisher of the information to a consumer reporting agency. 

You are PROHIBITED by law to furnish inaccurate information. I demand you to Cease & Desist reporting of incorrect/ inaccurate information immediately. 

( 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 has reasonable cause to believe that the information is inaccurate. 

You are hereby put on NOTICE that you are furnishing incorrect inaccurate information. 

15 U.S. Code 1681s2 - 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 has reasonable cause to believe that the information is inaccurate. 
( B ) Reporting information after notice and confirmation of errorsA 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 accurate.

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 non-monetary relief