Consumer complaint received 2024-10-25
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Improper use of your report — Reporting company used your report improperly
Company: EQUIFAX, INC. (GA)

XXXX XXXX XXXX XXXX XXXX XXXX XXXX GA XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX SC XXXXXXXX XXXXSubject : Notice of Violation of FCRA, FDCPA, and FTC RegulationsXXXX Dear Sir/Madam, I am writing to formally notify you of apparent violations of the Fair Credit Reporting Act ( FCRA ), the Fair Debt Collection Practices Act ( FDCPA ), and Federal Trade Commission ( FTC ) rules and regulations concerning the handling and reporting of an account in my credit file. 

XXXXAccount Details : XXXX  LAST : XXXX as provided on report XXXX XXXXAccount Holder XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXAccount Number : XXXX XXXX  Your Account NumbeXXXX XXXX XXXX XXXXDate Closed XXXX XXXX XXXX NONE STATED ] XXXX XXXXOriginal Charge-off Amount : ** {$180.00} XXXX XXXXCurrent Reported Amount : XXXX {$290.00} Upon reviewing my credit report, I observed several discrepancies involving Equifax and XXXX XXXX XXXX, including : XXXX. XXXXImproper Reporting of Accrued Balance : XXXX An accrued balance has been reported month to month on an account that was closed 6 years ago. The account, initially closed with a charge-off amount of {$180.00}, now inaccurately reflects a balance of {$290.00}. At one time XXXX, as well. 

XXXXXXXX XXXXFraudulent Account Activity XXXX XXXX There are instances of the account being opened and closed repeatedly during the investigative process.With month to month additions of 1-2 dollars over 81 months ; as stated in credit file. While also refraining and or neglecting from listing a closed date ; despite account being reported closed and charged off for 6 yrs 11 months. Such activity suggests attempts to circumvent responsibility and manipulate credit reporting unlawfully. 

These actions appear to violate the FCRA, which mandates accuracy and fairness in consumer reports, as well as the FDCPA regulations against deceptive practices in debt collection. The FTC also provides guidelines prohibiting such abusive tactics. 

XXXXDemand for Restitution and Compensation : XXXX  Due to these violations, I hereby demand restitution and compensation for the financial and emotional distress caused by these unlawful practices. I believe a sum of [ XXXX ] is appropriate to address damages incurred from your actions, including but not limited to potential impact on my credit score, financial hardships, and emotional distress. 

XXXXRequested Actions : XXXX XXXX XXXXImmediate Correction XXXX XXXX Adjust the reported balance of the account to reflect the original charge-off amount and remove any fraudulent entries. 

XXXX XXXXPayment of Compensation : XXXX  Provide compensation in the amount specified above within 30 days. 

XXXX XXXXCease and Desist XXXX XXXX  Suspend any deceptive practices concerning my account, including manipulating account statuses during disputes. 

XXXX XXXXDetailed Explanation XXXX XXXX  Provide a written explanation of how these inaccuracies occurred and steps being taken to rectify the situation. 

XXXX XXXXConfirmation of Compliance : XXXX Assure compliance with all applicable federal regulations going forward. 

Please consider this a written demand for action and compliance under the aforementioned laws. Failure to adequately address these issues, including the demand for restitution and compensation, will compel me to pursue further action, potentially involving legal counsel or filing a complaint with the Consumer Financial Protection Bureau ( CFPB ), along with consideration of litigation and other applicable sanctions. 

I expect to receive acknowledgment of this notice and a response detailing corrective actions and compensation arrangements within 15 days from the date of this letter. 

Thank you for your prompt attention to this matter. 

Sincerely, XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX