Consumer complaint received 2024-11-07 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account information incorrect
Company: Experian Information Solutions Inc.
State: WI

Complaint narrative:
I have been trying to get a home and i keep being denied because of my credit score and report having inaccurate information. I noticed several discrepancy on my credit report while going through it. I am writing to formally dispute inaccurate information on my credit report, which I have identified as a violation of my rights under the Fair Credit Reporting Act ( FCRA ) and relevant sections of the U.S. Code ( USC ). This letter serves as a request for immediate correction or removal of this information as required by law. This is my third letter and time reaching out to inform you all about this to get it resolved and yet I have no presponse.Under the FCRA, 15 U.S.C. 1681e ( b ), credit reporting agencies are required to ensure maximum accuracy when reporting consumer information. The inclusion of inaccurate data on my credit report is a violation of this statute. The inaccuracies present in my report are detrimental to my credit standing and must be investigated promptly.The reporting of personal income on credit reports is unnecessary and may be a violation of my consumer rights under the FCRA. Personal income is not a credit item, and its reporting Accounts Post-Discharge -I am concerned about the continued reporting of charged-off and closed accounts that have been legally discharged through bankruptcy or other debt relief mechanisms. According to 15 U.S.C. 1681c ( a ) ( 1 ), information that has been discharged through legal means must not be reported beyond the legally allowed time frame, nor should it be reported in a manner that misrepresents its current status. When an account has been closed or charged off and subsequently discharged, reporting this information inaccurately implies a false obligation, which is misleading, harmful, and in direct violation of the FCR can lead to misleading conclusions that impact my creditworthiness, violating 15 U.S.C.

1681 ( b ), which restricts the use of information not relevant to evaluating a Consumers credit or character. Accounts Post-Discharge, I am concerned about the continued reporting of charged-off and closed accounts that have been legally discharged through bankruptcy or other debt relief mechanisms. According to 15 U.S.C. 1681c ( a ) ( 1 ), information that has been discharged through legal means must not be reported beyond the legally allowed time frame, nor should it be reported in a manner that misrepresents its current status. When an account has been closed or charged off and subsequently discharged, reporting this information inaccurately implies a false obligation, which is misleading, harmful, and in direct violation of the FCRAdditionally, charged-off accounts are generally treated as settled or written off by the creditor, which means they should no longer reflect an ongoing liability on the consumers part. Reporting these charged-off and closed accounts as active debts, or showing any outstanding balance after discharge, is deceptive and could be construed as willful noncompliance with 15 U.S.C. 1681s-2, which requires that furnishers report accurate information to the credit bureaus. 
A charge off is considered a Certificate of Indebt-ness which is considered income and can not and should bot be reported in a negative way. This revision underscores that once a charged-off or closed account is discharged, it should not be reported as if it is an active debt, as this would be misleading. It also adds references to specific FCRA requirements that hold furnishers and credit agencies responsible for reporting accurate information..

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation