Consumer complaint received 2026-04-13 00:00:00
Product: Debt collection — Other debt
Issue: Attempts to collect debt not owed — Debt is not yours
Company: Security Credit Services, LLC
State: NY

Complaint narrative:
This complaint concerns the continued reporting and attempted enforcement of an alleged debt originally issued by XXXX XXXX XXXX XXXX and subsequently associated with Security Credit Services. My consumer disclosure reflects that the account was charged off in the approximate amount of {$19000.00} and later transferred or sold to another entity. Despite formal dispute and evidentiary notice, this account continues to be reported and/or represented without competent documentary substantiation. This raises material violations under both Regulation V ( XXXX CFR Part XXXX ) and Regulation XXXX ( XXXX CFR Part XXXX ). -- - REGULATION V VIOLATIONS ( FURNISHER AND REPORTING OBLIGATIONS ) Under XXXX CFR XXXX ( b ), furnishers are required to conduct a reasonable investigation upon receipt of a dispute and review all relevant information. No documentation has been provided demonstrating : The original executed agreement The complete transactional ledger The methodology used to calculate the reported balance The factual basis for the charge-off determination Under XXXX CFR XXXX, furnishers must maintain reasonable procedures to ensure maximum possible accuracy and integrity of furnished information. Because the account is reported as charged off and transferred, accuracy requires verifiable proof of : The original obligation The complete balance calculation The identity of the current owner The legal authority of any entity continuing to report the account Without such documentation, the information is materially unverifiable. -- - REGULATION XXXX VIOLATIONS ( DEBT COLLECTION CONDUCT ) Security Credit Services, as a third-party debt collector, is subject to Regulation XXXX. Under XXXX CFR XXXX, a debt collector must provide accurate validation information, including : The amount of the debt The identity of the creditor Sufficient information to allow the consumer to evaluate the debt No such validation has been provided. Under XXXX CFR XXXX, a debt collector must properly investigate disputes and respond with substantiated findings. No competent documentation has been produced in response to dispute. Under XXXX CFR XXXX ( d ), a debt collector is prohibited from making false, deceptive, or misleading representations regarding : The amount of the debt The ownership of the debt The legal status of the obligation Continued reporting or representation of this account without documentary substantiation raises material concerns under this provision. -- - CHAIN OF TITLE AND AUTHORITY DEFECTS The account is reported as sold or transferred. Accordingly, lawful reporting and collection require documentary proof of : Complete assignment chain from the original creditor Date and terms of transfer Identity of the current legal owner Authority of any entity reporting or attempting to collect Absent assignment-chain documentation, no party can establish lawful authority to report or enforce the alleged obligation. -- - WILLFUL NONCOMPLIANCE FRAMEWORK A formal evidentiary dispute notice has already been issued demanding full documentary verification. Continued reporting after actual notice of material defects, without production of underlying documentation, constitutes reckless disregard for statutory obligations. See : XXXX XXXX XXXX XXXX XXXX XXXX XXXX A party can not continue to publish adverse financial information affecting a consumer while lacking the evidentiary basis necessary to support that publication. -- - REQUESTED RESOLUTION I request that the parties involved : XXXX. Provide full documentary verification, including : Original executed agreement Complete transactional ledger Itemized balance calculation Charge-off documentation Full assignment chain and ownership records XXXX. Identify the current legal owner of the account and the basis for continued reporting. XXXX. Cease any collection or reporting activity unless and until such documentation is produced. XXXX. Delete the account from all consumer reporting agencies if competent documentation can not be provided. NOTICE Any continued reporting, reinsertion, or representation of this account without documentary substantiation after formal dispute and evidentiary notice will be treated as knowing and willful noncompliance. This complaint is submitted for regulatory review and enforcement action.

Company response to consumer: Closed with explanation