Consumer complaint received 2024-04-12 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: EQUIFAX, INC.
State: NY

Complaint narrative:
Dear all companies involved my name is XXXX XXXX I have disputed this fraud student loan account with DEPARTMENT OF EDUCATION .i filed multiple identity theft claiming this account is fraud with the FTC XXXX These negative reporting on my credit is hurting my life financially and progressively. Iam a federally protected consumer and my rights are in violation also all credit bureaus and companies named are in violations of the fair cares act law its been more than 8 months i ask for credit bureaus to delete and remove negative account listed below 15 USC 1681 I ( 7 ) - METHOD OF VERIFICATION IF YOU USE THE FIRST TWO LAWS AND YOUR DISPUTES COME BACK AS ACCURATE, YOU CAN USE THIS LAW TO DEMAND PROOF OF THE INVESTIGATION THAT TOOK PLACE TO VERIFY THE ITEMS IF THEY CREDIT REPORTING AGENCIES CAN NOT PROVIDE IT, THEY MUST DELETE THE ITEMS FROM YOUR REPORT # 3 - 15 USC 1681B - PERMISSIBLE PURPOSE YOU CAN USE THIS LAW TO CHALLENGE CREDIT REPORTING AGENCIES TO SHOW WHERE YOU PROVIDED WRITTEN PERMISSION FOR A NEGATIVE ITEM TO BE ON YOUR CREDIT REPORT. IF THEY CAN'T PROVIDE IT, YOU CAN LEVERAGE THIS LAW TO HAVE IT DELETED Law 15 U.S.C. 1681-1681x The Act ( Title VI of the Consumer Credit Protection Act ) protects information collected by consumer reporting agencies such as credit bureaus, medical information companies and tenant screening services. Information in a consumer report can not be provided to anyone who does not have a purpose specified in the Act. Companies that provide information to consumer reporting agencies also have specific legal obligations, including the duty to investigate disputed information. In addition, users of the information for credit, insurance, or employment purposes must notify the consumer when an adverse action is taken on the basis of such reports. The Fair and Accurate Credit Transactions Act added many provisions to this Act primarily relating to record accuracy and identity theft. The Dodd-Frank Act transferred to the Consumer Financial Protection Bureau most of the rulemaking responsibilities added to this Act by the Fair and Accurate Credit Transactions Act and the Credit CARD Act, but the Commission retains all its enforcement authority ACCOUNT NAME : DP OF EDUC XXXX XXXX Equifax Account # : XXXX Account Type : Open Account Account Type - Detail : - Bureau Code : Individual Account Status : Open Monthly Payment : {$0.00} Date Opened : XX/XX/XXXX Balance : {$1800.00} No. of Months ( terms ) : XXXX High Credit : {$1600.00} Credit Limit : {$0.00} Past Due : {$0.00} Payment Status : Current Last Reported : XX/XX/XXXX Comments : Consumer disputes- reinvestigation in progress Date Last Active : XX/XX/XXXX Date of Last Payment : XXXX U.S. Code 1087e - Terms and conditions of loans U.S. Code Notes prev | next ( a ) In general ( 1 ) Parallel terms, conditions, benefits, and amounts Unless otherwise specified in this part, loans made to borrowers under this part shall have the same terms, conditions, and benefits, and be available in the same amounts, as loans made to borrowers, and first disbursed on XX/XX/XXXX, under sections 1078, 10782, 10783, and 10788 of this title. 

( 2 ) Designation of loans Loans made to borrowers under this part that, except as otherwise specified in this part, have the same terms, conditions, and benefits as loans made to borrowers under ( A ) section 1078 of this title shall be known as Federal Direct Stafford Loans ; ( B ) section 10782 of this title shall be known as Federal Direct PLUS Loans ; ( C ) section 10783 of this title shall be known as Federal Direct Consolidation Loans ; and ( D ) section 10788 of this title shall be known as Federal Direct Unsubsidized Stafford Loans. 
( 3 ) Termination of authority to make interest subsidized loans to graduate and professional students ( A ) In general Subject to subparagraph ( B ) and notwithstanding any provision of this part or part B, for any period of instruction beginning on or after XX/XX/XXXX ( i ) a graduate or professional student shall not be eligible to receive a Federal Direct Stafford loan under this part ; and ( ii ) the maximum annual amount of Federal Direct Unsubsidized Stafford loans such a student may borrow in any academic year ( as defined in section 1088 ( a ) ( 2 ) of this title ) or its equivalent shall be the maximum annual amount for such student determined under section 10788 of this title, plus an amount equal to the amount of Federal Direct Stafford loans the student would have received in the absence of this subparagraph.

( B ) Exception Subparagraph ( A ) shall not apply to an individual enrolled in course work specified in paragraph ( 3 ) ( B ) or ( 4 ) ( B ) of section 1091 ( b ) of this title. 


20 USC 1083 : Student loan information by eligible lenders Text contains those laws in effect on XX/XX/XXXX From Title 20-EDUCATION CHAPTER 28-HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE SUBCHAPTER IV-STUDENT ASSISTANCE Part B-Federal Family Education Loan Program Jump To : Source Credit Miscellaneous References In Text Prior Provisions Amendments Effective Date 1083 . Student loan information by eligible lenders ( a ) Required disclosure before disbursement Each eligible lender, at or prior to the time such lender disburses a loan that is insured or guaranteed under this part ( other than a loan made under section 10783 of this title ), shall provide thorough and accurate loan information on such loan to the borrower in simple and understandable terms. Any disclosure required by this subsection may be made by an eligible lender by written or electronic means, including as part of the application material provided to the borrower, as part of the promissory note evidencing the loan, or on a separate written form provided to the borrower. Each lender shall provide to each borrower a telephone number, and may provide an electronic address, through which additional loan information can be obtained. The disclosure shall include- ( 1 ) a statement prominently and clearly displayed and in bold print that the borrower is receiving a loan that must be repaid ; ( 2 ) the name of the eligible lender, and the address to which communications and payments should be sent ; ( 3 ) the principal amount of the loan ; ( 4 ) the amount of any charges, such as the origination fee and Federal default fee, and whether those fees will be- ( A ) collected by the lender at or prior to the disbursal of the loan ; ( B ) deducted from the proceeds of the loan ; ( C ) paid separately by the borrower ; or ( D ) paid by the lender ; ( 5 ) the stated interest rate on the loan ; ( 6 ) for loans made under section 10788 of this title or to a student borrower under section 10782 of this title, an explanation- ( A ) that the borrower has the option to pay the interest that accrues on the loan while the borrower is a student at an institution of higher education ; and ( B ) if the borrower does not pay such interest while attending an institution, when and how often interest on the loan will be capitalized ; ( 7 ) for loans made to a parent borrower on behalf of a student under section 10782 of this title, an explanation- ( A ) that the parent has the option to defer payment on the loan while the student is enrolled on at least a half-time basis in an institution of higher education ; ( B ) if the parent does not pay the interest on the loan while the student is enrolled in an institution, when and how often interest on the loan will be capitalized ; and ( C ) that the parent may be eligible for a deferment on the loan if the parent is enrolled on at least a half-time basis in an institution of higher education ; ( 8 ) the yearly and cumulative maximum amounts that may be borrowed ; ( 9 ) a statement of the total cumulative balance, including the loan being disbursed, owed by the borrower to that lender, and an estimate of the projected monthly payment, given such cumulative balance ; ( 10 ) an explanation of when repayment of the loan will be required and when the borrower will be obligated to pay interest that accrues on the loan ; ( 11 ) a description of the types of repayment plans that are available for the loan ; ( 12 ) a statement as to the minimum and maximum repayment terms which the lender may impose, and the minimum annual payment required by law ; ( 13 ) an explanation of any special options the borrower may have for loan consolidation or other refinancing of the loan ; ( 14 ) a statement that the borrower has the right to prepay all or part of the loan, at any time, without penalty ; ( 15 ) a statement summarizing circumstances in which repayment of the loan or interest that accrues on the loan may be deferred ; ( 16 ) a statement summarizing the circumstances in which a borrower may obtain forbearance on the loan ; ( 17 ) a description of the options available for forgiveness of the loan, and the requirements to obtain loan forgiveness ; ( 18 ) a definition of default and the consequences to the borrower if the borrower defaults, including a statement that the default will be reported to a consumer reporting agency ; and ( 19 ) an explanation of any cost the borrower may incur during repayment or in the collection of the loan, including fees that the borrower may be charged, such as late payment fees and collection costs.

Company response to consumer: Closed with non-monetary relief