Consumer complaint received 2024-02-26 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: EQUIFAX, INC.
State: NY

Complaint narrative:
Notice to Agent is notice to principal notice to principal is a notice to agent. I am contacting you because I have found another illicit account reporting inaccurate and incomplete information on my credit report. 
I noticed this account on my credit report has turned into a collection and then a charge-off, which can not be. The account in question, " XXXX XXXX XXXX XXXX '' with a balance of {$3000.00} has been " written off ''. I am referencing relevant sections of the FDCPA, FCRA, and IRS guidelines about reporting canceled debt. 
As per the law, those who provide information to Credit Reporting Agencies are obligated to ensure the information is accurate. I am cognizant of the requirement for you to report this canceled debt to the IRS. 15 U.S Code 1681 s-2 ( a ) Duty of furnishers of information to provide accurate information ( 1 ) Prohibition ( A ) Reporting information with actual knowledge of errors A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate. You have reported to the credit reporting agencies that this is a written-off debt. A 1099-C, being non-debt in nature, should not be reflected on my consumer report. By law, the IRS demands you to include the 1099-C in your gross income for tax purposes. Additionally, I have not yet received my required copy of Form 1099-C for the canceled debt, and am now requesting it. The IRS states, " After a debt is canceled, a creditor will send you a Form 1099-C, Cancellation of Debt showing the amount canceled and date of cancellation ''. This omission has led to inaccurate reporting of this income on my consumer report. I believe it is important to rectify this matter to ensure proper documentation and reporting. Furthermore, you have substantially damaged my way of life, as Ive been denied credit. As of now, you are now notified about the harmful inaccurate information. It is imperative that you Delete and Block this illicit charge from my consumer report. I must emphasize that you are now aware of the importance I place on the proper handling of my consumer report in accordance with the Fair Credit Reporting Act. I trust that you will fulfill your obligations under the law ( 15 U.S.C 1681s-2 ) and ensure the accuracy and integrity of my private credit information Also, this account is incomplete, from XXXX to XXXX there are multiple missing data and inaccuracies for the periods. 

The account went from 60 days late to a collection into a charge-off, this is a mess and very inaccurate. The aforementioned collection is hereby required to be validated through the provision of documented proof of my signature on a disclosure affirming my obligation to remit payment and provide a PURCHASE AGREEMENT between you and my original creditor to prove that, " XXXX XXXX XXXX XXXX '' owns this debt. I am not sure if this account is a closed collection account or a closed charged-off account, but I do know the FDCPA and the FCRA regulations apply to this one account.

This is an inaccurate account and must be removed immediately. I thank you consumer reporting agencies for fulfilling your jobs and following the FCRA regulations. I have provided proof of incomplete payment history and inaccuracies below in case evidence is needed in court or otherwise. I've counted 31 periods that report the status of " no data ''. THIS ACCOUNT IS ABSOLUTELY INCOMPLETE AND VIOLATES THE FCRA AND FDCPA due to a lack of accuracy. Therefore I am requesting this account be removed and blocked from my consumer report due to FCRA and IRS guidelines and goodwill. Thank you for your attention to this matter.

Company response to consumer: Closed with explanation