Consumer complaint received 2024-06-25
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account information incorrect
Company: EQUIFAX, INC. (NY)

XXXX XXXX XXXX XXXX XXXX XXXX XXXX, NY XXXX XXXX XX/XX/XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, NY XXXX Equifax Information Services LLC XXXX XXXX XXXX XXXX, GA XXXX Subject : Request for Immediate Removal of Inaccurate Information from Credit Report and Compensation for Violations Dear XXXX XXXX XXXX XXXX and Equifax Information Services LLC , I am writing to request the immediate removal of inaccurate information regarding my account from my Equifax credit report dated XX/XX/XXXX. According to the Fair Credit Reporting Act ( FCRA ), negative information such as late payments or collections should not be reported for more than 7 years from the date of first delinquency. 

The account in question is : XXXX XXXX XXXX XXXX Account Number : XXXX XXXX Date Opened : XX/XX/XXXX Date of First Delinquency : XX/XX/XXXX Status : Charge Off I recently filed a complaint with the National Credit Union Administration ( NCUA ) regarding this account, Case # XXXX. On XX/XX/XXXX, your collection partner, XXXX XXXX XXXX XXXX XXXX XXXX, validated the debt and stated that the total amount outstanding as of that date is {$26000.00}. However, discrepancies and inaccuracies in the reported information remain. 

Federal and State Law Violations : Fair Credit Reporting Act ( FCRA ) : Under 15 U.S. Code 1681c ( a ) ( 4 ), the FCRA mandates that negative information such as late payments should not be reported for more than 7 years from the date of first delinquency. The accuracy and compliance of this reporting must be maintained to avoid legal violations. 
New York State General Business Law ( GBL ) 380-j : This state law restricts the reporting of adverse information to 7 years. Any inaccuracies or continued reporting beyond this period would constitute a violation of state law. 

Liability of Each Entity : XXXX XXXX XXXX XXXX : As the original creditor, XXXX XXXX XXXX XXXX is responsible for ensuring that accurate information is reported to credit bureaus. The recent validation of the debt by XXXX XXXX and the discrepancies found indicate potential issues with compliance to both internal policies and legal standards. 
Equifax Information Services LLC : As a credit reporting agency, Equifax has a legal obligation to maintain accurate and up-to-date information in credit reports. Any failure to remove outdated or incorrect information promptly is a violation of both the FCRA and applicable state laws. 

In addition to ensuring compliance with the reporting period, I am seeking compensation for any inaccuracies or future violations of my rights under both state and federal laws. The continuous reporting of outdated or inaccurate information has caused significant harm to my creditworthiness and financial well-being. 

Based on these violations and the harm caused, I am demanding compensation in the amount of {$10000.00} per violation from each entity involved. Given there is one potential violation per entity, the total compensation requested is {$20000.00}. This amount is intended to cover damages related to the negative impact on my credit report, financial distress, and any other related inconveniences. 

Please confirm in writing that my credit report will remain accurate and compliant with federal and state laws. If this matter is not resolved to my satisfaction, I will consider pursuing further legal action. 

Thank you for your prompt attention to this matter. I look forward to your swift response. 

Sincerely, XXXX XXXX XXXX