Consumer complaint received 2024-11-19 00:00:00
Product: Checking or savings account — Checking account
Issue: Opening an account — Unable to open an account
Company: Early Warning Services, LLC
State: NJ

Complaint narrative:
Subject : Discrepancies in Early Warning Services Report Preventing Account Opening Dear Sir/Madam, I am writing to file a formal complaint regarding incorrect information reported about me by Early Warning Services , which is preventing me from opening a bank account. I have reviewed my consumer report from Early Warning Services, and I found that several of my personal detailssuch as my address, phone number, and other identifying informationare incorrect. I am not aware of any of these discrepancies, and I believe the information is being reported inaccurately. 

This situation is causing significant hardship as I am unable to open a bank account, which is essential for managing my finances and conducting day-to-day transactions. Despite my attempts to open accounts with various financial institutions, I have been denied due to this erroneous information. 

I am requesting that the **Consumer Financial Protection Bureau ( CFPB ) ** intervene in this matter and assist in ensuring that these inaccuracies are addressed promptly. Specifically, I ask that Early Warning Services take the following actions : # # # **Resolution Request : ** 1. **Immediate Deletion of Incorrect Information : ** - I request that any inaccurate personal information in my Early Warning Services report, including but not limited to : - Incorrect address ( es ) - Incorrect phone number ( s ) - Incorrect or misspelled name ( s ) be immediately deleted from their records. 

2. **Investigation of All Negative Information : ** - If any negative marks or derogatory information are reported based on these incorrect details, I request that Early Warning Services investigate and correct these items. If this information can not be verified, I ask that it be removed from my report. 

3. **Complete Removal of Outdated or Unverifiable Negative Entries : ** - If any negative marks are outdated ( i.e., beyond seven years for most types of negative information, or ten years for bankruptcies ), I request that these items be removed in accordance with the **Fair Credit Reporting Act** ( FCRA ). If the reported information can not be verified, it should also be removed. 

4. **Written Confirmation of Corrections : ** - I request a written statement from Early Warning Services confirming that the incorrect information has been corrected or deleted. Additionally, I ask that Early Warning Services notify any financial institutions that have used this incorrect report to deny my application, so they may reconsider their decision based on corrected data. 

5. **Accurate and Updated Reporting Going Forward : ** - I request that Early Warning Services ensure that all future reports are accurate, up-to-date, and compliant with the laws that govern consumer reporting agencies, specifically the **Fair Credit Reporting Act ( FCRA ) ** and the **Fair and Accurate Credit Transactions Act ( FACTA ) **. 

# # # **Relevant Laws : ** 1. **Fair Credit Reporting Act ( FCRA ) ( 15 U.S.C. 1681 et seq. ) : ** The FCRA mandates that all consumer reporting agencies, including Early Warning Services, ensure that the information they report is accurate and complete. Under **Section 1681i**, consumers have the right to dispute any inaccurate or incomplete information on their report. If the information can not be verified, it must be removed. 

2. **Consumer Reporting Agencies Duty to Correct and Update Information ( 15 U.S.C . 1681i ) : ** The FCRA requires that consumer reporting agencies investigate any disputes and remove or correct information that can not be verified as accurate within 30 days. 

3. **Limitations on Reporting Negative Information ( 15 U.S.C . 1681c ) : ** The FCRA also places time limits on how long negative information can remain on a report. Most negative information can only remain for up to seven years, and bankruptcies may be reported for up to ten years. Any outdated or unverifiable negative information must be removed. 

4. **Fair and Accurate Credit Transactions Act ( FACTA ) : ** FACTA amends the FCRA and mandates that consumer reporting agencies must maintain accurate records, provide consumers with free annual reports, and investigate disputes of inaccurate information. 

# # # **Conclusion : ** This inaccurate reporting by Early Warning Services is preventing me from opening a bank account, which is essential for managing my financial affairs. I respectfully request the assistance of the Consumer Financial Protection Bureau in addressing this matter promptly. I seek a resolution in the form of the correction or removal of the inaccurate information, as outlined above, in complian

ce with the **Fair Credit Reporting Act ( FCRA ) **. Please provide me with confirmation of the corrective actions taken and inform me
of any additional steps I need to take to ensure this matter is resolved. 

Thank you for your attention to this matter. I look forward to your assistance and a prompt resolution. 

Sincerely, XXXX XXXX

Company response to consumer: Closed with explanation