Consumer complaint received 2024-06-13
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Problem with a company's investigation into an existing problem — Their investigation did not fix an error on your report
Company: Experian Information Solutions Inc. (CA)

I am writing to formally lodge a complaint regarding the improper re-aging of my account, which is reported as a charge-off by XXXX  Account # XXXX. This practice is a violation of the Fair Credit Reporting Act ( FCRA ), 15 U.S.C. 1681, and it has improperly reset the statute of limitations and the timeline for when this account should be removed from my consumer report.

Nature of the Dispute : On [ XX/XX/year> ], I disputed the re-aging of the charge-off reported by XXXX  Account # XXXX with your agency. Specifically, I contested that the account has been re-aged to appear more recent than it actually is, thereby affecting the statute of limitations and extending the time it remains on my credit report. Despite my detailed dispute, I received a notification that my dispute was resolved without any changes to my credit report. I believe the investigation conducted by your agency was inadequate and did not comply with the requirements set forth by the FCRA, specifically 15 U.S.C. 1681i ( a ).

Request for Method of Verification : Under 15 U.S.C. 1681i ( a ) ( 7 ), I am entitled to receive a description of the procedure used to determine the accuracy and completeness of the information. Therefore, I am formally requesting the method of verification used in your investigation into my dispute regarding the re-aging of the charge-off reported by XXXX  Account # XXXX. Please provide detailed information on : The sources contacted during your investigation The documentation reviewed The process followed to verify the information Request for Re-Investigation : In addition, I request that you re-investigate this matter promptly. Under 15 U.S.C. 1681i ( a ), you are required to conduct a reasonable reinvestigation to determine whether the disputed information is inaccurate and record the current status of the disputed information or delete the item from my credit report.

Supporting Information from Original Creditor : I have also disputed this issue directly with XXXX  Account # XXXX, and they have confirmed that the account was reported inaccurately regarding its age. This further substantiates my claim that the information is incorrect. The original creditors acknowledgment of the inaccuracies indicates a violation of 15 U.S.C. 1681e ( b ), which mandates accurate reporting.

Request for Deletion : In light of the aforementioned inaccuracies and the failure to comply with the FCRA guidelines, I am requesting the immediate deletion of the re-aged charge-off information for XXXX Account # XXXX from my credit report. Continued reporting of this inaccurate information is a violation of the FCRA and the guidelines of the XXXX XXXX XXXX XXXX ( XXXX ). 

Conclusion : Please respond to this complaint in writing within 30 days of receipt, as mandated by the FCRA, with the results of your reinvestigation and the method of verification. If you fail to comply, I will not hesitate to escalate this matter to the Consumer Financial Protection Bureau ( CFPB ) and seek legal remedies. 

Thank you for your prompt attention to this matter. I look forward to your swift response and the correction of my credit report. Also send me a new report with this account deleted/ removed