Consumer complaint received 2025-04-21 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Information is missing that should be on the report
Company: Lendmark Financial Services
State: VA

Complaint narrative:
I am filing this formal complaint against Landmark Financial for violations of my consumer and commercial rights regarding a promissory note I signed. As the borrower, I am asserting my right to either receive the original promissory note or be returned like-kind value for the financial instrument, in accordance with the Uniform Commercial Code ( UCC ) and United States Code ( USC ) . 

Nature of the Complaint Landmark Financial currently reports a negative trade line associated with a promissory note I signed for a loan obligation. I am now asserting my right under commercial law to either : 1. Receive back the original, wet-ink signed promissory note, 2. Or receive like-kind compensation ( value in cash or equivalent ) if the note was sold, destroyed, or securitized. 
According to Blacks Law Dictionary, a loan is a transaction where one party gives something of value and expects repayment. When I signed the promissory note, it became a negotiable instrument and asset of value, which could be sold or traded. If the original promissory note has been monetized through securitization or destroyed, then the debt is satisfied and I am owed a return, per the terms of UCC and contract law. 

Violations of Law and Rights 1. UCC 3-501 Presentment and Demand for Note : I hereby demand the return of the original, signed promissory note. If it can not be returned, that indicates it has either been sold, destroyed, or securitizedtherefore the debt is satisfied. 
2. UCC 3-305 Discharge and Defenses : If the note has been monetized or transferred, I maintain the right to assert discharge of obligation and defenses against further attempts to collect or report. 
3. UCC 1-308 Reservation of Rights : All my rights are reserved, without prejudice. I do not waive any rights in this matter. 
4. 15 U.S.C. 1681s-2 ( b ) FCRA Duties of Furnishers : Landmark Financial is responsible for reporting only accurate and verifiable information. Reporting an account as derogatory, while the obligation has been financially satisfied through internal structuring, violates federal law. 
5. 15 U.S.C. 1692e FDCPA Misleading Representations : If Landmark continues reporting negative information while failing to acknowledge satisfaction or provide the original note, this constitutes a deceptive practice. 

Demands for Resolution 1. Return or Compensation for Promissory Note : If my original promissory note can not be returned, I demand to be compensated in like-kind value ( cash or equivalent ) for its usage or destruction. This is a negotiable instrument of value, and I am entitled to be made whole. 
2. Deletion of Account with Prejudice : Due to the transactional structure of the loan and unresolved reporting violations, I demand this account be deleted with prejudice from all three major credit bureaus : XXXX, XXXX, and XXXX. 
3. Compensation for Damages : Due to the derogatory nature of the reporting, I have experienced credit denials, missed opportunities for home and auto financing, and reputational harm. I am seeking monetary relief for these damages in accordance with my rights under federal consumer protection laws. 

Conclusion I request that the Consumer Financial Protection Bureau conduct an immediate investigation into Landmark Financials handling of this promissory note, credit reporting practices, and any associated violations. I request full transparency of all transactions involving my promissory note and prompt deletion of the trade line or update to reflect paid in full or current status. This is submitted under UCC 1-308, reserving all rights.

Company response to consumer: Closed with explanation