Consumer complaint received 2025-04-27 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Improper use of your report — Reporting company used your report improperly
Company: Affirm Holdings, Inc
State: FL

Complaint narrative:
UNITED STATES DISTRICT NOTICE SUPPORTING LEGAL BRIEF UNDER SENATE BILL 5480 ( 2025 ) & CFPB REGULATION V ( 12 CFR PART 1022 ) CONSUMER PROTECTION ENFORCEMENT FILING Complainant : XXXX XXXX. XXXX XXXX XXXX XXXX XXXX XXXXXXXX, FL XXXX Respondents : Affirm , Inc . 
XXXX XXXX XXXX XXXX XXXXXXXX, CA XXXXXXXX XXXX XXXXXXXX XXXX XXXX XXXX. 
XXXX XXXXXXXX XXXX XXXX, TX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX, GA XXXX Date : XX/XX/XXXX Subject : XXXX XXXX XXXX Affirm XXXX XXXX Accounts ( XXXX & XXXX ) Under Senate Bill 5480 ( XXXX XXXX XXXX XXXXXXXX XXXX, and Violations of Consumer Protection Laws BACKGROUND Pursuant to Senate Bill 5480 ( XXXX ), enacted to protect consumers from misleading, inaccurate, or unverifiable credit reporting, and CFPB XXXX XXXX ( XXXX CFR Part XXXX ), I, XXXX XXXX XXXX XXXX, file this formal notice demanding the immediate removal of my Affirm, Inc. accounts, XXXX and XXXX, from my credit reports. These accounts have been improperly reported and fail to meet the verification standards set forth by federal law. 

AFFIRM ACCOUNT XXXX : Account Type : Unsecured Responsibility : Individual Date Opened : XX/XX/XXXX Status : Open, {$170.00} past due as of XX/XX/XXXX Balance : {$170.00} Status Updated : XX/XX/XXXX AFFIRM ACCOUNT XXXX : Account Type : Unsecured Responsibility : Individual Date Opened : XX/XX/XXXX Status : Account charged off, {$1400.00} written off, {$1400.00} past due as of XX/XX/XXXX Balance : {$1400.00} These accounts have been reported inaccurately, and continued reporting of these accounts is a direct violation of Senate Bill 5480, which requires the immediate deletion of unverifiable, inaccurate, or otherwise improper tradelines upon consumer notification. 



LEGAL GROUNDS FOR REMOVAL UNDER XXXX XXXX XXXX ( XXXX ) XXXX. Mandatory Removal Under XXXX XXXX XXXX ( XXXX ) and CFPB XXXX XXXX XXXX XXXX XXXX, effective XX/XX/XXXX, explicitly mandates the removal of any inaccurate, unverifiable, or disputed tradeline once the consumer notifies the reporting agency. The Affirm accounts ( XXXX and XXXX ) have been reported inaccurately and are in violation of the Consumer Financial Protection Bureau ( CFPB ) Regulation V ( 12 CFR Part 1022 ). As these accounts have not been validated and continue to harm my credit, they must be immediately removed from my credit reports.

2. Criminal Penalties for Violations of Federal Law Failure to comply with the mandatory deletion provisions outlined in Senate Bill 5480 ( 2025 ) exposes the reporting parties ( Affirm, XXXX, and XXXX  ) to criminal penalties. These penalties include : False Statements under 18 U.S.C. 1001 Wire Fraud under 18 U.S.C. 1343 Extortion under 18 U.S.C. 894 Consumer Fraud under 15 U.S.C. 45 ( FTC Act ) Conspiracy to Defraud under 18 U.S.C. 371 The deliberate failure to comply with the federal mandates under Senate Bill 5480 is not only unlawful but criminal. As these violations are ongoing, Affirm, XXXX, and XXXX  face legal exposure for continuing to report these tradelines. If the entities fail to delete these accounts within the required timeframe, I will pursue further legal action and may report them to federal authorities for prosecution under the aforementioned criminal statutes. 
3. Failure to Provide Valid Verification of Debt The XXXX and XXXX accounts have been charged off or are past due without any valid verification from Affirm or the credit reporting agencies. Under the Fair Credit Reporting Act ( FCRA ), the reporting agencies are required to verify and accurately report information. Affirm has not validated these debts to the extent required by law, and this failure further compounds the need for immediate removal from my credit reports.

4. Deceptive and Unlawful Business Practices The continued reporting of these Affirm accounts without proper verification, as outlined by Senate Bill 5480 ( 2025 ), constitutes : Consumer Fraud under 15 U.S.C. 45 ( FTC Act ) Extortion under 18 U.S.C. 894 Wire Fraud under 18 U.S.C. 1343 False Statements under 18 U.S.C. 1001 FCRA Violations under 604 ( a ), 611 ( a ), and 623 ( b ) These unlawful practices have directly harmed my credit,
and those responsible should be held accountable for these violations under the full extent of the law.

DEMAND FOR RELIEF In accordance with Senate Bill 5480 ( 2025 ) and CFPB Regulation V, I demand the following actions within ten ( 10 ) calendar days from receipt of this notice : 1. Immediate and permanent deletion of the Affirm accounts ( XXXX and XXXX ) from my credit reports across all major credit bureaus ( XXXX XXXX and XXXX ). 
XXXX. Written confirmation from AffirmXXXX XXXX and XXXX that these accounts have been permanently removed from my credit file and will no longer be reported in the future. 
XXXX. Full investigation into Affirms failure to validate these accounts and their continued wrongful reporting despite multiple disputes. 
XXXX. Compensation for damages resulting from these inaccuracies, including harm to my credit score, financial opportunities, and emotional distress caused by the unlawful reporting of these accounts. 



RESOLUTION DEMAND The actions of Affirm, XXXX, and XXXX, in continuing to report these unverifiable and inaccurate accounts, represent a clear violation of Senate Bill 5480 ( XXXX ) and expose these entities to serious criminal penalties under federal law. These unlawful practices can not continue, and immediate action is required to prevent further harm. 

If the entities fail to comply with this demand within the specified timeframe, I will pursue all legal remedies, including seeking statutory damages, filing a formal complaint with the Consumer Financial Protection Bureau ( CFPB ), and pursuing criminal prosecution through federal authorities for these violations. 

This is a final demand for compliance. Should the violations persist, I will take further legal steps, including publicly exposing these unlawful practices, filing a formal lawsuit, and seeking damages under federal law.

Company response to consumer: Closed with explanation