Consumer complaint received 2024-10-14
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Improper use of your report — Reporting company used your report improperly
Company: Experian Information Solutions Inc. (GA)

[ XXXX XXXX ] [ XXXX XXXX XXXX XXXX XXXX ] [ XXXX, GA, XXXX ] [ XXXX ] [ XXXX ] [ Date : XX/XX/XXXX ] [ EXPERIAN LEGAL US } Experian [ XXXX XXXX XXXX ] XXXX [ XXXX XXXX XXXX ] XXXX **Subject : Final Notice of Intent to Litigate and Demand for Remedy Compensation** To Whom It May Concern, I am writing to formally notify Experian, XXXX, and XXXX ( collectively referred to as the " Credit Bureaus '' ) of my intent to litigate due to your malicious negligence and severe misconduct concerning my credit reporting history. Your failure to uphold the responsibilities mandated by the Fair Credit Reporting Act ( FCRA ), Fair Debt Collection Practices Act ( FDCPA ), and regulations set forth by the Federal Trade Commission ( FTC ) has caused significant harm to my creditworthiness and overall financial health. 

As you are aware, the FCRA requires credit reporting agencies to maintain accurate and fair credit reporting. However, your continual erroneous modifications to my credit report have not only masked your own lapses and negligence but have also made you co-conspirators in the fraudulent activities of the lenders involved. 

**Specific Instances of Malicious Negligence : ** 1. **XXXX XXXX / XXXX XXXX : ** Over a period exceeding 90 months, I have repeatedly disputed an account that has been fraudulently reported as both closed and charged off. Despite credible disputes, you allowed the erroneous addition of an accrued balance monthly, culminating in the misrepresentation of my financial obligation. Additionally, you fraudulently labeled this account as paid off while still showing an inflated and inaccurate balance. 

2. **XXXX XXXX XXXX  : ** Similarly, for an account with an original balance of {$300.00}, your reporting has depicted an erroneous balance of {$450.00}, depicting an egregious over-extension of credit at 158 %. These manipulations are reckless and directly violate both consumer trust and federal reporting laws. 

Your actions have significantly damaged my credit score, causing an arbitrary loss of at least XXXX points after repeated verification processes that have been proven to be disingenuous, erroneous, and in violation of the law. 

**Legal Framework : ** Under the FCRA , credit reporting agencies have an obligation to ensure maximum possible accuracy in reporting. Failure to comply can result in liability for actual damages, statutory damages, as well as punitive damages. Legal precedents have determined that the willful and negligent reporting of inaccurate information can lead to significant penalties, as seen in **XXXX XXXX. XXXX of XXXX. XXXX XXXX, XXXX XXXX XXXX ( XXXX ) and *XXXX XXXX XXXX XXXX XXXX XXXX XXXX. **, XXXX XXXX XXXX ( XXXX XXXX. XXXX ) where creditors were held accountable for such actions. 

Moreover, your ongoing changes during my disputes serve as retaliatory tactics to impede my ability to challenge the inaccurate reporting, which further exacerbates this issue and demonstrates a blatant disregard for your legal obligations. Additionally, your demand for re-verification in light of provided evidence shows a deliberate intent to stall justice while continuing to propagate false information. 

**Demand for Remedy : ** I hereby demand the following remedies : 1. Immediate removal of all erroneous entries regarding the accounts noted above, with corroboration of these corrections to be made in real-time. 
2. Compensation for the damages caused to my credit score and financial opportunities, which will be calculated with substantiated evidence provided upon litigation. 
XXXX. A commitment to improved practices and adherence to all relevant federal regulations to avoid future occurrences of this nature. 

Should you fail to adequately address these egregious violations within and with the same expedited process of adding inquiries and changing credit scores over night, of this notice, I will proceed with litigation, seeking all available legal remedies, including statutory damages and attorneys fees. 

This letter serves as a formal notice of my intent and should be treated with the utmost seriousness. 

Sincerely, [ XXXX XXXX ]