Consumer complaint received 2025-01-06 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account information incorrect
Company: Experian Information Solutions Inc.
State: VA

Complaint narrative:
To whom it may concern : I am writing to dispute the following information that appears on my XXXX report from XX/XX/XXXXXXXX 

XXXX XXXX account with account # XXXX opened on XX/XX/XXXXXXXX  and a balance of {$390.00}. This account is incorrectly being reported as a charged off account with a balance due. Please provide proof of the charge off account with a balance the debtor did not provide a 1099-C for the charged off debt. It is reporting inaccurately on my report as a credit balance when in fact it became income when charged off debt. This account should be deleted immediately. 
XXXXXXXX XXXX XXXX XXXX with account # XXXX opened on XX/XX/XXXXXXXX  and a balance of {$2400.00}. This account is incorrectly being reported as a charged off account with a balance due. Please provide proof of the charge off account with a balance the debtor did not provide a 1099-C for the charged off debt. It is reporting inaccurately on my report as a credit balance when in fact it became income when charged off debt. This account should be deleted immediately. 
XXXXXXXX XXXX XXXX XXXX  with account # XXXX opened on XX/XX/XXXX and a balance of {$1900.00}. This account is incorrectly being reported as a charged off account with a balance due. Please provide proof of the charge off account with a balance the debtor did not provide a 1099-C for the charged off debt. It is reporting inaccurately on my report as a credit balance when in fact it became income when a charged off debt. This account should be deleted immediately. 
XXXX XXXX account with account # XXXX opened on XX/XX/XXXX and a balance of {$880.00}. This account is incorrectly being reported as a charged off account with a balance due. Please provide proof of the charge off account with a balance the debtor did not provide a 1099-C for the charged off debt. It is reporting inaccurately on my report as a credit balance when in fact it became income when charged off debt. This account should be deleted immediately. 

According to 26 CFR 1.6050P-1, entities that discharge indebtedness must provide a statement to the debtor, typically in the form of a 1099-C, by XX/XX/XXXX of the year following the identifiable event. This requirement is crucial for accurate reporting to the IRS and for the debtor to understand their tax liabilities. As of today, I have not received a Form 1099-C or any substitute statement that complies with the current revenue procedures. This omission constitutes a violation of the information reporting requirements outlined in the aforementioned regulation. I kindly request that you provide me with a copy of the Form 1099-C for the discharged debt. Additionally, I would like to formally dispute the charge-off on my credit report until this matter is resolved. Please respond to this request within 30 days of receipt of this letter. If I do not receive a satisfactory response, I may need to escalate this matter to the appropriate regulatory authorities. Thank you for your attention to this important matter. I look forward to your prompt response. 

Please reinvestigate these matters and delete the disputed information as soon as possible. Thank you for your assistance.

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation