Consumer complaint received 2025-02-27 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Problem with a company's investigation into an existing problem — Their investigation did not fix an error on your report
Company: Experian Information Solutions Inc.
State: GA

Complaint narrative:
NOTICE OF DISPUTE, REDEMPTION OF LAWFUL MONEY, PRIVACY VIOLATION, TRUST LAW & GAAP COMPLIANCE Notice to Principal is Notice to Agent | Notice to Agent is Notice to Principal To Whom It May Concern, I, XXXX ; XXXX XXXX, XXXX XXXX XXXX am writing to formally dispute inaccurate and unverifiable derogatory items appearing on my credit report and to assert my right to redeem financial instruments in lawful money pursuant to 12 U.S.C. 411. 

Additionally, I have previously provided a promissory note via my original credit application, which created a negotiable instrument that your institution has leveraged in financial markets. Since this note was extended as consideration, I am entitled to receive the interest on payments made under this agreement. These are financial instruments that I have a legal right to collect, pursuant to the indenture agreement you have on file with the SEC. 

In many instances, I have tendered payment by offering valid consideration in the form of Federal Reserve Notes, which under the existing monetary system should constitute setoff and discharge of any alleged obligation. When such payment has been offered, any rejection of that payment must still be honored, or the refusal must be properly explained. As such, I have provided value in the transactions, and the continued reporting of derogatory items constitutes unjust enrichment and misrepresentation of my financial standing.

1. Redemption of Lawful Money & Revocation of Unknowingly Granted Powers I hereby demand the redemption of all funds, securities, and financial instruments derived from my estate and credit activities in LAWFUL MONEY under 12 U.S.C. 411, which states that the option to receive lawful money must be honored upon request.

Further, I revoke any and all rights, powers, or authorizations I may have unknowingly granted to any financial institution, credit bureau, or third-party entity that may have : Used my credit application as a negotiable instrument and unlawfully monetized it. 
Securitized my financial instruments without full disclosure or consent. 
Converted my financial obligations into debt securities under fraudulent pretense. 

Since you are affiliated with financial institutions and willingly serve their business partners, and since I am associated with these same businesses and partners, I demand that you relay my instructions to the institutions as an agent to the principal. Your continued reporting of information obtained from these financial institutions without properly investigating or communicating disputes to the original creditor constitutes a breach of duty. 

Failure to comply will be considered willful negligence and a violation of agency principles, further subjecting your institution to liability under agency law for failing to act upon direct notice from an associated party.

2. GAAP Ledger Compliance & Breach of Contract and Trust Laws All financial transactions must comply with Generally Accepted Accounting Principles ( GAAP ), particularly regarding the proper classification of assets, liabilities, and equity under the Financial Accounting Standards Board ( FASB ) guidelines.

Under GAAP ASC 310, any account receivable that has been securitized must be accounted for as a liquidated asset, which means the original obligation must be written off as paid on the ledger.

Under GAAP ASC 305, financial instruments that are actively traded or securitized must be reported as cash equivalents, meaning the alleged debt has already been monetized and should not appear as an outstanding balance on my report.

Failure to follow GAAP results in fraudulent accounting entries, double-booking of liabilities, and deceptive financial reporting practices. 

Additionally, because a contract forms a trust, the trustee ( financial institution ) has an obligation to act in good faith and with full disclosure. The following contractual and trust laws have been violated : Restatement ( Second ) of Contracts 205 Duty of Good Faith and Fair Dealing : The creditor had a fiduciary duty to disclose how my credit application was monetized and must now rectify any misleading financial statements.

Uniform Trust Code 802 Duty of Loyalty : The financial institution failed to act in my best interest by not disclosing the profit generated from my financial instruments.

Uniform Trust Code 813 Duty to Inform and Account : The institution failed to provide a full accounting of all funds received, transferred, or securitized under my name.

I demand full forensic reconciliation of all transactions associated with my financial instruments.

3. Direct Treasury Account Deposit Demand I demand that all redeemed funds be deposited into my XXXX XXXX Account for proper settlement : XXXX XXXX Account Number : XXXX All associated securities, bonds, and CUSIP-linked transactions should be accounted for and reconciled in my favor. 

I demand a full forensic audit and disclosure of any and all securities or financial instruments tied to my NAME or ESTATE, including : XXXX  numbers assigned to my credit transactions. 
Proof of any liens, trusts, or financial vehicles where my financial standing has been leveraged. 
A clear statement of how my promissory note or original application was used in any market transactions.

I demand full compliance with UCC 3-104, 3-306, and 3-603 regarding the enforcement and discharge of negotiable instruments. 


Specific Accounts & Tradelines in Dispute I demand the immediate removal of the following derogatory items that are either inaccurate, unverifiable, or improperly reported : XXXX  XXXX XXXX ( Account # XXXX ) ** Incorrect charge-off. The account was closed by the credit grantor and falsely reported as charged off, in violation of 15 U.S.C. 1681s-2 ( a ) ( 1 ) ( B ), which prohibits furnishing information that is inaccurate or misleading. 
XXXX XXXX XXXX XXXX ( Account # XXXX ) ** Erroneous charge-off. The account was reported with a maximum delinquency of 120 days, yet there is no signed validation of the debt per 15 U.S.C. 1666i-1. 
XXXX XXXX XXXX XXXX XXXX XXXX ( Account # XXXX ) ** Falsely reported as charged off with an unpaid balance despite evidence of tender of payment. This is a violation of UCC 3-604, which states that refusal of payment results in discharge. 
XXXX XXXXXXXX XXXX XXXX XXXX  ( Account # XXXX ) ** This account was paid in full but was still reported with charge-off remarks. This is an act of malicious reporting and unjust enrichment. 
XXXX XXXX XXXX XXXX XXXX XXXX Account # XXXX ) ** Account was paid as agreed, yet the negative marks remain. This is a breach of fair reporting laws under the FCRA. 
ANY OTHER REMAINING DEROGATORY ENTRIES NOT ALIGNED WITH XXXX should be deleted as well, since reporting discrepancies violate 15 U.S.C. 1681e ( b ), which requires maximum possible accuracy.

Pursuant to 15 U.S.C. 1681i ( a ) ( 1 ) ( A ), I demand a full reinvestigation of these accounts and either : Immediate removal of unverifiable items within 30 days, or Full validation, including the original contract bearing my wet-ink signature, proof of lawful consideration, and verification that the reporting furnisher had the legal right to report these accounts.

4. Demand for Communication & Compliance with FCRA In accordance with 15 U.S.C. 1681i ( a ) (
6 ), you must provide me with a written response detailing the results of your investigation no later than 30 days from receipt of this notice. I require that all communications be directed exclusively to me via : Certified Mail : XXXX XXXX XXXX XXXX XXXX Email : XXXX Im currently homeless partially do to the discriminate practice of a social credit score that doesnt reflect my competency and capacity to contract fairly.

Failure to adhere to these lawful instructions will constitute willful noncompliance, a violation under 15 U.S.C. 1681n & 1681o, subjecting your agency to statutory damages, punitive damages, and potential injunctive relief.

I will seek {$1000.00} per violation of the FCRA, GAAP, and contractual laws breached, along with additional pen
alties for deceptive financial reporting practices and breaches of agency and trust law.

5. Legal Notice & Reservation of Rights This letter serves as prima facie evidence of my dispute and lawful demand. All rights are reserved under UCC 1-308, and no contractual presumptions may be made against me without my explicit consent. 

I expect full compliance and a written response within 30 days. 

Sincerely, XXXX XXXXXXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX ] Non-Domestic, Without Prejudice All Rights Reserved, UCC 1-308 LAWS ENFORCING REDEMPTION OF LAWFUL MONEY, MONETARY RIGHTS & SECURITIES ACCOUNTING 1 . Federal Laws Governing Lawful Money & Monetary Rights 12 U.S.C. 411 Lawful Money Redemption Grants the right to demand all transactions be redeemed in lawful money rather than Federal Reserve Notes ( FRNs ).

31 U.S.C. 5103 Legal Tender Laws Defines what constitutes legal tender, establishing how financial institutions must recognize different forms of lawful payment.

31 U.S.C. 3124 Exemption from Taxation on Federal Obligations Protects interest-bearing federal obligations from state taxation, reinforcing the obligation to account for lawful money correctly. 
House XXXX XXXX ( XXXX ) XXXX of XXXX Suspension of Gold Redeemability Prevents creditors from demanding payments in gold and reinforces the need to settle obligations through credit, setoff, and discharge.

2. Uniform Commercial Code ( UCC ) Negotiable Instruments & Discharge of Debt UCC 1-201 ( 24 ) D
efinition of Money Reinforces that lawful money is not the same as Federal Reserve Notes ( FRNs ).

UCC 3-104 Negotiable Instruments Recognizes promissory notes and checks as negotiable instruments, requiring proper endorsement and crediting.

UCC 3-306 Holder in Due Course Protection Protects those who have given valuable consideration from unjust claims.

UCC 3-603 Tender of Payment States that when payment is tendered and refused, the obligation is discharged.

UCC 3-604 Discharge by Cancellation or Renunciation Any financial instrument can be discharged wh
en obligations have been satisfied.

UCC 9-102 ( a ) ( 64 ) Definition of Secured Party Clarifies the status of individuals with a security interest in their own promissory notes.

UCC 9-210 Request for Accounting & Secured Party Status Gives the right to demand a full accounting of financial instruments, CUSIP numbers, and securities transactions.

3. Trust & Contract Law ( Fiduciary Duty & Fair Dealing ) Restatement ( Second ) of Contracts 205 Duty of Good Faith and Fair Dealing Creditors must act honestly and fairly in their financial dealings.

Uniform Trust Code 802 Duty of Loyalty Trustees ( banks, credit bureaus, and institutions ) must act solely in the interest of the beneficiary.

Uniform Trust Code 813 Duty to Inform and Account All trustees must provide full disclosure and accounting of transactions.

Securities Exchange Act of 1934 ( 15 U.S.C. 78q ( a ) ) Recordkeeping & Reporting Financial institutions must maintain accurate and transparent records.

Fair Debt Collection Practices Act ( 15 U.S.C. 1692g ) Validation of Debts Requires written proof of any alleged debts, including the original wet-ink contract. 4. Financial Accounting & Securities Regulations
( GAAP Compliance ) GAAP ASC 305 Cash Equivalents Accounting Requires proper classification of monetized promissory notes as cash assets.

GAAP ASC 310 Receivables Accounting Prevents double booking of debts after securitization.

GAAP ASC 860 Accounting for Transfers & Servicing of Financial Assets Requires financial institutions to properly record asset transfers and securitization.

Securities Act of XXXX ( 15 U.S.C. 77a et seq. ) Securities Registration & Disclosure Ensures full transparency when securities are created from credit applications.

5. Consumer Protection & Fair Credit Reporting ( FCRA & Privacy Laws ) 15 U.S.C. 1681e ( b ) Duty to Maintain Maximum Possible Accuracy Credit bureaus must ensure all information is verified, accurate, and non-deceptive.

15 U.S.C. 1681s-2 ( a ) ( 1 ) ( B ) Prohibition Against Furnishing Inaccurate Information Institutions must correct or del
ete false financial data.

15 U.S.C. 1681i ( a ) ( 1 ) ( A ) Right to Dispute and Reinvestigation Grants the right to demand an investigation into erroneous financial reporting.

15 U.S.C. 1681n & 1681o Remedies for Willful & Negligent Violations Authorizes damages of {$1000.00} per violation.

Gramm-Leach-Bliley Act ( 15 U.S.C. 6801-6809 ) Privacy Protection Requires financial institutions to safeguard personal financial data.

6. Agency Law & Legal Remedies Restatement ( Third ) of Agency 1.01 Agency Relationship Defined Establishes that credit bureaus act as agents for financial institutions.

Restatement ( Third ) of Agency 8.06 Duty to Transmit Information Requires agents ( credit bureaus ) to relay all disputes and communications to their principals ( financial institutions ).

Tort Law ( Willful Negligence & Malicious Misrepresentation ) Holds institutions liable for economic damage caused by false financial reporting.

ENFORCEMENT DEMAND SUMMARY 1. Lawful Money Redemption All transactions must be redeemed in lawful money per 12 U.S.C. 411. 
All redeemed funds must be deposited into XXXX  XXXX Account # XXXX. 

2. Debt Setoff & Discharge Tender of payment already made ( UCC 3-603, 3-604 ).

Debts should be written off under GAAP ASC 310.

3. Financial Instrument Disclosure All se
curitizations, CUSIP numbers, and trusts must be disclosed per UCC 9-210.

Financial reporting must comply with the Securities Act of 1933.

4. Credit Report Dispute All inaccurate tradelines must be removed per FCRA ( 15 U.S.C. 1681i ).

Failure to correct errors results in {$1000.00} per violation under 15 U.S.C. 1681n & 1681o.

5. Legal Recourse Failure to comply will result in complaints filed with the CFPB, FTC, and Attorney General. 
Potential litigation for injunctive relief, economic damages, and punitive penalties. 

FINAL DEMAND I, XXXX ; XXXX XXXX, demand immediate compliance with these legal obligations. I expect full correction of my credit reports, financial disclosure of my instruments, and redemption of all lawful money owed to my estate. 

Failure to act within 30 days will be considered willful negligence and a direct violation of statutory, contractual, and fiduciary obligations.

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