Consumer complaint received 2025-05-30 00:00:00
Product: Debt collection — I do not know
Issue: False statements or representation — Attempted to collect wrong amount
Company: 1st Franklin Financial Corporation
State: TX

Complaint narrative:
Subject : Dispute of Debt and Request for XXXX XXXX XXXXXXXX XXXX  XXXX XXXX I am writing to formally dispute the validity of the debt reported under Account Number : XXXX * * * *, associated with XXXX, as reported by XXXX  and XXXX. I believe this account is a result of identity theft, and I am exercising my rights under the Fair Credit Reporting Act ( FCRA ) and other applicable laws. 



# # # Relevant Laws XXXX. * * 15 U.S. Code 1681e - Compliance Procedures * * : This section mandates that consumer reporting agencies must follow reasonable procedures to ensure maximum possible accuracy in credit reporting. The presence of inaccurate information related to this account violates these compliance procedures. 



XXXX. * * 15 U.S. Code 1681b - Permissible Purposes * * : This law states that a consumer report can be furnished only under specific circumstances, including the written instructions of the consumer. My information has been accessed and reported without my consent, which constitutes a violation of my rights. 



XXXX. * * 18 U.S.C. 1028A - Aggravated Identity Theft * * : I am a victim of identity theft, as indicated by the unauthorized account. This law protects individuals from having their personal information used without consent, and I request that you investigate this matter thoroughly. 



XXXX. * * 15 U.S. Code 6802- Protection of Nonpublic Personal Information * * : This statute prohibits financial institutions from disclosing nonpublic personal information to nonaffiliated third parties unless certain conditions are met. The sharing of my information without my consent raises significant concerns regarding compliance. 



XXXX. * * 15 U.S. Code 1681c-2 - Victim of Identity Theft * * : As a victim, I am entitled to dispute the accuracy of the information on my credit report and request that you take immediate action to investigate and rectify this matter. 



# # # Account Details- * * Account Type * * : Unsecured Loan - * * Account Status * * : Derogatory - * * Balance * * : {$0.00} - * * Payment Status * * : Collection/Charge off - * * Date Opened * * : XX/XX/XXXX - * * Last Reported * * : XX/XX/XXXX - * * Comments * * : Payment after charge off/collection ; wage garnishment Given the information above, I kindly request the following : XXXX. * * Validation of Debt * * : Provide documentation that validates the existence and legitimacy of this debt, including any agreements or contracts that I allegedly signed. 

XXXX. * * Investigation of Identity Theft * * : Conduct a thorough investigation into the fraudulent use of my personal information and take corrective action to remove this account from my credit report. 

XXXX. * * Response Timeline * * : Please respond to this letter within 30 days, as required by law. 



If you fail to provide adequate validation or if the information is proven inaccurate, I expect the immediate removal of this account from my credit report. 



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



Sincerely,

Company response to consumer: Closed with explanation