Consumer complaint received 2025-01-31 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: CA

Complaint narrative:
Subject : Formal Dispute of Inaccurate Credit Reporting and Demand for Compliance To Whom It May Concern, I am formally disputing the inaccurate reporting of an account listed on my credit report under 15 U.S.C. 1681s-2, which mandates the accurate and verifiable reporting of consumer information. 
The account in question is : XXXX. Equifax : Account Name : XXXX  XXXX Date Listed : XXXX XXXX, XXXX  XXXX. XXXX : Account XXXX : XXXX  Date Listed : XXXX XXXX, XXXX  XXXX. XXXX : Account Name : XXXX XXXX XXXX XXXX  Account Number : XXXX Date Listed : XXXX, XXXX  This account is erroneously reporting a balance despite being charged off. XXXX XXXX  has claimed to have written off this debt, yet they have failed to provide any verifiable documentation to support this claim. Under IRS guidelines ( 26 U.S.C. 6050P ), a creditor that cancels a debt exceeding {$600.00} is required to issue a 1099-C form to the borrower and report the cancellation to the IRS.

To date, I have not received a 1099-C form, which raises concerns about the banks compliance with IRS regulations XXXX If this debt has truly been canceled, the continued reporting of a balance is both inaccurate and a violation of the Fair Credit Reporting Act ( FCRA ) and IRS guidelines. Furthermore, the failure to issue a 1099-C form may constitute non-compliance with federal tax laws, which I have the right to report to the IRS. 

Additionally, I have never received the vehicle title ( pink slip ) associated with this account. Since the bank has declared the debt uncollectible, I demand immediate issuance of the legal title to the vehicle as required by consumer protection laws. 

I formally demand the following actions : Provision of the 1099-C Form If Mechanics Bank has written off this debt, they are required to provide a 1099-C for my records.

Verification of the Balance Provide documented proof of the current and accurate balance, along with records of any collection activity. 
Permanent Deletion of the Account If the debt has been canceled, unverified, or inaccurately reported, I demand its immediate removal from my credit report under FCRA. 

Issuance of the Vehicle Title ( XXXX XXXX ) Since this account has been charged off, the legal title to the vehicle must be transferred to me without delay. 
Failure to comply with this request within 30 days of receipt will result in further action, including filing complaints with the Consumer Financial Protection Bureau ( CFPB ), the Federal Trade Commission ( FTC ), and the Internal Revenue Service ( IRS ) for potential violations of FCRA ( 15 U.S.C. 1681 ), the Fair Debt Collection Practices Act ( 15 U.S.C. 1692 ), and IRS tax reporting requirements. 

This matter requires immediate resolution. Please respond promptly to avoid further regulatory scrutiny. 

Sincerely, XXXX XXXX

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