Consumer complaint received 2024-07-01
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. (FL)

This letter serves as both a formal revocation of consent to furnish information to you and a dispute regarding inaccurate information in my credit report. 

Fair Credit Reporting Act ( FCRA ) Protections : The Fair Credit Reporting Act ( FCRA ), specifically 15 U.S.C. 1681 section 602, emphasizes that consumer reporting agencies, like yourselves, have a grave responsibility to ensure fairness, impartiality, and respect for consumer privacy when handling credit information.

15 U.S.C. 16801 : Furthermore, 15 U.S.C. 16801 establishes a policy requiring financial institutions, which includes furnishers of information to credit reporting agencies, to have an " affirmative and continuing obligation '' to respect customer privacy and protect the confidentiality of their nonpublic personal information.

Revocation of Consent : By this letter, I am formally revoking any and all consent previously granted to Equifax, XXXX and XXXX and the furnisher of information, whether verbal, nonverbal, written, implied, or otherwise. This revocation extends to all past, present, and future information sharing. 

Legal Basis for Dispute : 34 CFR Section 99.30 : This section states the conditions that allow consent to share personal Education records with a third party that requires written consent and since I did not give written consent to share my Financial Educational records the information can not be furnished. 
15 U.S.C. 1681 section 604 ( a ) ( 2 ) : This section stipulates that consumer reporting agencies can only furnish consumer reports based on the written instructions of the consumer. Since I have not provided written consent, the information can not be furnished. 
15 U.S.C. 16802 ( b ) ( c ) : Financial institutions can not disclose nonpublic personal information to non-affiliated third parties without informing the consumer of their right to opt-out. I was never informed of this right.

15 U.S.C. 1681c ( a ) ( 5 ) : This section prohibits consumer reporting agencies from including adverse information older than seven years ( excluding criminal convictions ). Since this account is an adverse item reported beyond the permissible timeframe, it must be removed.

15 U.S.C. 1681s-2 ( a ) ( 1 ) ( A ) : This section prohibits furnishers of information from knowingly providing inaccurate information. 
15 U.S.C. 1681e : This section requires consumer reporting agencies to maintain reasonable procedures to avoid inaccurate information. Based on the aforementioned legal violations, it's evident that [ Name of Credit Reporting Agency ( Equifax, XXXX, or XXXX ) ] is not upholding these procedures. 
12 CFR 1016.7 : This regulation affirms my right as a consumer to opt-out of your reporting services at any time. I am exercising this right by opting out.

Requested Action : Within 15 days, I demand the following : Provide the name of the individuals you spoke with regarding these accounts.

Furnish all documentation used to verify the disputed information.

Proof of my signed application with wet ink signature, demonstrating my written consent. ( Since you never provided written consent, emphasize this point ). The consumer is NOT asking for an e-oscar report.

Immediate removal or update of the disputed information to reflect a {$0.00} balance.

Failure to Comply : Failure to address these concerns and comply with the legal requirements outlined above will prompt further action, including : Utilizing Treasury OMB Form 211 to request an audit of my account.

All involved companies, including yourselves, are subject to Securities and Exchange Commission ( SEC ) regulations and can be held liable for non-compliance. Equifax, XXXX and XXXX are securitizing consumers data yet refuse to provide consumers a copy of their CONSUMER FILE NOT CONSUMER REPORT. 

Thank you for your prompt attention to this matter. I expect a swift and satisfactory resolution.