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: World Acceptance Corporation (GA)

XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX ] [ XXXX ] **Experian LEGAL et all** **Re : Formal Notice and Demand for Deletion of Fraudulent Certified Debts** To Whom It May Concern, I am writing to formally demand the immediate deletion of all fraudulent certified debts reported by WORLD FINANCE CORPORATION, as well as compensation for the damages inflicted upon me due to your blatant disregard for the laws and duties mandated by the Fair Credit Reporting Act ( FCRA ), Fair Debt Collection Practices Act ( FDCPA ), Federal Trade Commission ( FTC XXXX XXXX XXXX XXXX XXXX  XXXX XXXX XXXX XXXX and other applicable regulations. 

As a consumer, I have taken every reasonable step to assist XXXX in upholding the standards and conduct required by the statutory provisions and the governing authorities involved in credit reporting. Despite my diligent efforts, which include but are not limited to filing disputes directly with your company, seeking assistance from the Consumer Financial Protection Bureau ( CFPB ) and the XXXX XXXX XXXX XXXX XXXX XXXX, and providing extensive evidence demonstrating the inaccuracies of my credit report, XXXX has exhibited an unrepentant nature and a total disregard for the obligations set forth under the FCRA and FDCPA. This disregard is entirely unacceptable for a consumer reporting agency that claims to promote transparency and fairness. 

Your agency has engaged in practices that can only be described as deceptive and malicious in nature, specifically : 1. **Accessory to Fraudulent Behavior** : You have failed to exercise due diligence in verifying the accuracy of the information reported to you by WORLD FINANCE CORPORATION , resulting in the perpetuation of fraudulent debts on my credit report. According to **FCRA Section 607 ( b ) ** ( 15 U.S.C. 1681e ( b ) ), consumer reporting agencies must follow reasonable procedures to ensure maximum possible accuracy of the data they report.

2. **Omission of Pertinent Evidence** : You have intentionally omitted crucial information that would have supported my position and debunked any alleged debt. Your negligence in addressing inaccuracies related to an alleged debt that was marked as a charge-off in a closed statute constitutes criminal negligence. Under **FDCPA Section 1692e** ( 15 U.S.C. 1692e ), a debt collector may not use false, deceptive, or misleading representations in connection with the collection of a debt.

3. **Inflation of Debt** : I have been subjected to the monthly addition of balances to a purported debt that has been reported inaccurately, causing me significant harm, including the denial of credit based on inflated and erroneous data. This violation of **FCRA Section 623 ( a ) ** ( 15 U.S.C. 1681s-2 ) makes a furnisher of information liable for failing to provide accurate information to a consumer reporting agency.

4. **Malicious Intent and Harm** : The continued presence of these false reports, despite my attempts to have them corrected, has severely impacted my life as a consumer and my ability as a business owner. This situation has been aggravated by the fact that other credit bureaus have taken immediate corrective measures that XXXX has failed to implement. Per the ruling in XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  XX/XX/year> ) **, consumer reporting agencies can and should be held accountable for violations of the FCRA. 

It is important to note that my efforts to rectify these inaccuracies have included numerous written disputes, supporting documentation, and communication with various regulatory bodies, including complaints filed with the **CFPB** and XXXX These complaints provide further evidence of your agency 's noncompliance and unwillingness to act on substantiated claims. The explicit regulations outlined in the FCRA and FDCPA are not merely guidelines ; they represent the minimum standards for conduct, under which you are required to operate. 

Given these serious infractions and evident neglect of statutory duties, I formally demand the following remedies : 1. The immediate deletion of all fraudulent information related to WORLD FINANCE CORPORATION from my credit report.

2. Compensation for the negative impact on my creditworthiness, emotional distress, and any other damages resulting from your agency 's negligence. This is mandated by **FCRA Section 616** ( 15 U.S.C. 1681n ), which entitles consumers to statutory damages of {$1000.00} for willful noncompliance and actual damages when established. 
3. A comprehensive explanation detailing the steps taken to investigate and resolve this issue, along with copies of all documentation supporting your conclusions.

Should you continue to refuse to meet these demands, be advised that I will pursue legal counsel to take further action against XXXX to ensure accountability and seek justice in a more formal setting. Your failure to comply may result in litigation to ensure the enforcement of my rights as a consumer. 

Please consider this letter a final notice before I take necessary measures to address your noncompliance with the FCRA, FDCPA, FTC regulations, and other applicable statutes. 

I look forward to your prompt attention to this serious matter. 

Sincerely, XXXX XXXX ]