Consumer complaint received 2025-11-20 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: Millco Management
State: OH

Complaint narrative:
AMERIFINANCIAL SOLUTIONS XXXX XXXX XXXX XXXX MD XXXX ( XXXX ) XXXX Account Number # XXXX Date Open XXXX XX/XX/XXXX Address ID Original Creditor XXXX XXXX XXXX XXXX XXXX Creditor Classification XXXX XXXX Original Amount {$920.00} High Balance {$920.00} Recent Balance {$920.00} as of XX/XX/XXXX To Whom It May Concern : This letter serves as a formal and final demand for XXXX XXXX XXXX XXXX XXXX ) to immediately comply with XXXX XXXX reporting standards mandated under the Fair Credit Reporting Act ( 15 U.S.C. 1681 et seq. ). Upon review, your reported account # XXXX opened XX/XX/XXXX contains numerous flagrant violations of XXXX XXXX compliance, rendering your credit reporting inaccurate, unreliable, and legally non-compliant. 
Specifically, your reporting is deficient in the following areas as required by XXXX XXXX : Failure to use appropriate Compliance Condition Codes to reflect account status, dispute status, and ownership fields ( Fields 3, 4, 5, 8, 16, 19, 20 as defined under XXXX XXXX guidelines ) Failure to report correct account status and timely update segment codes ( Segments J1 & J2, Segment K ) Reporting unverifiable information and failing to validate accuracy upon dispute pursuant to 15 U.S.C. 1681i Violations of FCRA Section 1681s-2 ( a ) as a data furnisher by failing to conduct reasonable investigations Use of inflated balance reporting ( {$920.00} on original {$920.00} loan ) without proper substantiation As you are aware, noncompliance with XXXX XXXX standards is a direct breach of your statutory duties as a furnisher of consumer information and subjects your company to statutory damages, punitive damages, and enforcement actions by federal agencies including the Consumer Financial Protection Bureau ( CFPB ). Notably, CAC has been subject to such enforcement actions in the past ( CFPB Action, XX/XX/XXXX ), underscoring a pattern of failure in compliance and consumer harm.

I hereby demand that within thirty ( 30 ) days of receipt of this letter : 1. You furnish all complete XXXX XXXX reporting documentation, including all codes and data fields submitted to all credit reporting agencies concerning the above account.

2. You conduct a full reinvestigation of the accuracy and completeness of this accounts reporting in strict accordance with XXXX XXXX compliance and the FCRA. 
3. Remove, correct, or update any information that fails to meet XXXX 2 standards or is unverifiable.

4. Provide me with written confirmation of your findings, actions taken, and updated credit report copies reflecting the corrections.

Failure to meet these demands will leave me no choice but to pursue all available legal remedies including filing complaints with the CFPB, state attorney general, and initiating damages claims for willful noncompliance under 15 U.S.C. 1681n.

Understand this is not a mere dispute. It is a legal demand for full XXXX XXXX compliance and accountability. Your continued failure to comply not only violates federal law but also causes demonstrable damage to my credit profile and financial wellbeing. 
I expect your prompt and full compliance.

Company response to consumer: Untimely response