Consumer complaint received 2024-10-12 00:00:00
Product: Debt collection — I do not know
Issue: Attempts to collect debt not owed — Debt was result of identity theft
Company: SECURITY FINANCE CORP
State: SC

Complaint narrative:
To Whom It May Concern, This letter serves as a formal Cease and Desist notice regarding your ongoing and unlawful reporting of the fraudulent account listed above, which has been added to my credit report. I have already provided documentation from the Federal Trade Commission ( FTC ) confirming that this account is fraudulent. Despite this, you continue to report this account, causing significant harm to my creditworthiness, undue stress, and financial hardship. 

Specifically, you have reported the following : SUNBELT CREDIT : Account Number XXXX This constitutes a clear violation of the Fair Credit Reporting Act ( FCRA ), under which you are obligated to report accurate information. Continuing to furnish this false information is also a violation of 1681s-2 of the FCRA, which prohibits data furnishers from reporting information that they know is inaccurate. 

In addition to this cease and desist demand, I am formally requesting validation of the debt under the Fair Debt Collection Practices Act ( FDCPA ). You are required to provide the following : Proof that the debt exists. 

Details of the original creditor, including the name and contact information, as well as the full account number from the original creditor. 

Proof of assignment or ownership showing that this debt was legally transferred or sold to your company. 

An itemized breakdown of the total amount owed, including principal, interest, and any fees added. 

A copy of the original signed contract or agreement that created the debt ( if applicable ). 

Payment history, including details of any payments made, missed payments, and the current outstanding balance. 

Evidence that you have the legal right to collect this debt, including any contracts or agreements. 

Confirmation that you are licensed to collect debt in my state. 

Statute of limitations information, showing the date the debt was incurred and the date of the last payment, confirming if the debt is still within the statute of limitations. 

My right to request that you cease further communication with me and credit reporting agencies, as allowed under the FDCPA. 

I hereby demand that you immediately : Cease and desist from reporting this fraudulent account to any and all credit reporting agencies. 

Remove any reference to this account from all credit reports with immediate effect. 

Provide written confirmation within 4 days that you have taken corrective action and that the fraudulent account has been permanently removed from my credit report. 

Provide complete debt validation documentation within 30 days of receiving this letter, as required by law. 

Failure to comply with this demand will leave me no choice but to pursue legal action against you for damages, including but not limited to : Violations of the Fair Credit Reporting Act ( FCRA ) under 1681n and 1681o. 

Defamation of character due to your negligent reporting of fraudulent information. 

Emotional distress and financial harm caused by your continued negligence. 

If I do not receive a written response confirming your compliance within 4 days of receiving this letter, I will proceed with filing a lawsuit to seek full legal remedies. 

Consider this your final warning. Govern yourselves accordingly.

Company response to consumer: Closed with explanation