Consumer complaint received 2024-01-20 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Information belongs to someone else
Company: Experian Information Solutions Inc.
State: NJ

Complaint narrative:
XXXX is intentionally being misleading by not revealing the most recent infomation. Although I asked previously for a discharge and should have received it, I am attaching a XX/XX/XXXX email from XXXX  's representative XXXX XXXX saying XXXX  received my Cease and Desist and that there is no further responsability to repay the loan. Experian received a copy of this same email on various occasions via certified mail. 

I am also attaching the XX/XX/XXXX Notice to Cease and Desist and other documents that I sent via certified mail to XXXX  in XXXX, PA. 

According to the attached page from the Internal Revenue Service site, charged off debts are considered income and XXXX is required to provide me a XXXX form. If XXXX refuses to provide me a 1099-C then this is tax fraud on XXXX 's part. 

According to the US Courts website ( document attached ) Creditors such as XXXX  can not collect discharged debts This means Affirm may NOT make any attempt to collect a discharged debt from me personally. For example, XXXX can not sue, garnish wages, assert a deficiency ( i.e. make a negative report to the credit reporting agencies ), or otherwise try to collect from me personally on this discharged debt. XXXX can not contact me by mail, phone, or otherwise in any attempt to collect the debt personally. Any creditor who does not comply with this can be required to pay debtors damages and attorneys fees. 

According to page XXXX of XXXX 's XXXX form for the fiscal year ending XX/XX/XXXX ( attached and also found here XXXX XXXX XXXXXXXX ) : " The allowance for credit losses on loans held for investment is determined based on managements current estimate of expected credit losses over the remaining contractual term, historical credit losses, consumer payment trends, estimates of recoveries, and future expectations on individual loans as of each balance sheet date. We immediately recognize an allowance for expected credit losses upon the origination of a loan... The Company considers the impact of current economic factors at the reporting date that did not exist over the period from which historical experience was used. As of XX/XX/XXXX, we have considered the impact of Federal Reserve monetary policy, labor market trends, inflation and consumer sentiment... When available information confirms that specific loans or portions thereof are uncollectible, identified amounts are charged against the allowance for credit losses. Loans are charged-off in accordance with our charge-off policy, as the contractual principal becomes XXXX  days past due. Subsequent recoveries of the unpaid principal balance, if any, are credited to the allowance for credit losses... We evaluate accounts receivable to determine managements current estimate of expected credit losses based on historical experience and future expectations and record an allowance for credit losses, as applicable. Our allowance for credit losses with respect to accounts receivable was {$13.00} XXXX and {$4.00} XXXX as of XX/XX/XXXX and XX/XX/XXXX, respectively. '' Therefore XXXX is legally obligated to delete the charge off from my credit report with Experian and issue me a XXXX immediately. Even Experian in their own words in an attached document confirms that income is not included on a credit report.

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