Consumer complaint received 2025-05-29 00:00:00
Product: Debt collection — Other debt
Issue: Attempts to collect debt not owed — Debt was result of identity theft
Company: Affirm Holdings, Inc
State: FL

Complaint narrative:
1. I am the undersigned affiant, over the age of XXXX ( XXXX ), and competent to testify to the matters stated herein.

2. I am the subject of a credit report dated XXXX XXXXXXXX XXXX, issued by myFICO, which includes a tradeline from Affirm Inc., showing derogatory information.

3. The alleged debt in question is time-barred under the applicable statute of limitations in the state of Florida, and therefore, unenforceable by law.

4. Affirm Inc. has reported this account as charged off, yet continues to assert its collectability and has not issued an IRS Form 1099-C in accordance with IRS reporting requirements.

5. Affirm Inc. has continued to report new 90-day late notations to the credit bureaus, even after the account has been charged off, which constitutes improper re-aging of the debt.

6. This re-aging tactic is deceptive and creates an inaccurate portrayal of delinquency, in violation of the Fair Credit Reporting Act and Fair Debt Collection Practices Act.

7. I have submitted a cease and desist notice to Affirm Inc., yet the company continues to report and update negative information on my credit reports.

8. To date, Affirm Inc. has not produced any validation of the debt, including the original wet signature contract, assignment documents, or forward flow agreements.

9. The continuing actions by Affirm Inc. have harmed my credit and may constitute willful noncompliance with federal and state consumer protection laws.

10. I affirm that the above statements are true and based on my personal knowledge and belief, and are submitted in support of my formal dispute and demand for deletion of this account from all credit reporting agencies.

NOTICE OF FORMAL DISPUTE & DEMAND FOR REMEDY Date : XXXXXXXXXXXX To : Affirm Inc .

Affirm Inc . Customer XXXX XXXX XXXX XXXX XXXX XXXX XXXX, CA XXXX Via : USPS Certified Mail w/ Return Receipt Subject : Formal Dispute of Inaccurate and Unlawful Credit Reporting and Demand for Immediate Remedy Dear Affirm Inc. , I, XXXX XXXX , am writing to formally dispute the validity and legal status of certain information furnished and/or reported by your agency in connection with the following account : Creditor/Furnisher : Affirm Inc .

Account Number : SSN XXXX Date Opened/Reported : XXXX  and renewed as a new 90-daty late every month.

Credit Report : FICO 3-Bureau Report Report Date : XXXX XXXX XXXX Report ID : XXXX  I. VIOLATIONS AND UNLAWFUL ACTIVITY Expired Statute of Limitations The alleged debt is time-barred under applicable state statutes of limitations. The last activity was recorded in [ Insert Date ]. Under Florida Statutes 95.11, the statute of limitations on written contracts is five ( 5 ) years. This debt is uncollectible by law.

Improper Tax Classification and Potential IRS Fraud You have reported this account as a charge-off, implying that it was written off as a loss on your taxes under IRS Form 1099-C guidelines . However, no 1099-C was issued to me, and you continue to assert that the balance is owed. You can not legally claim a tax deduction and simultaneously pursue collection on the same debt. This may constitute tax fraud and a violation of 26 U.S.C. 7206 and IRS Notice 2016-08.

Re-aging of Debt Through Improper Reporting Despite the account being charged off, you have continued to report new 90-day late payments to the credit bureaus, effectively re-aging the debt. This practice violates the Fair Credit Reporting Act ( FCRA ) 1681c ( a ) ( 4 ) and is considered deceptive under the Fair Debt Collection Practices Act ( FDCPA ) 1692e.

Failure to Cease & Desist I previously submitted a cease and desist request to your agency. Your continued furnishing of derogatory data violates FDCPA 1692c ( c ), FCRA 1681s-2 ( b ), and Florida Statutes 559.72.

II. FORMAL DEMAND FOR DOCUMENTATION To validate your legal position, please produce the following documents within 15 calendar days of receipt of this letter : - Original signed contract, unaltered, with wet signature.

- Assignment of Debt, showing chain of title from original creditor.

- Forward Flow Agreement between Affirm Inc. and any third-party entity.

- All documents showing debt ownership, collection rights, and reporting authority.

- IRS Form 1099-C, if a charge-off has been claimed for tax purposes.

- Written response confirming permanent deletion of this account from all credit bureaus.

III. DEMAND FOR REMEDY Given the aforementioned violations, I hereby demand the following : - Permanent deletion of all tradelines associated with this account from XXXX XXXX, and XXXX  ; - Full cessation of all collection activity on this account ; - Confirmation that no third-party agency has been assigned or sold this account for further collection ; - Written settlement offer, if you assert the debt is valid and legally collectible.

IV. NOTICE OF LEGAL LIABILITY Should Affirm Inc. fail to respond timely and in good faith, I reserve all rights to pursue relief through : - Complaint to the Consumer Financial Protection Bureau ( CFPB ) ; - Complaint to the Internal Revenue Service ( IRS ) ; - Complaint to the Florida Office of Financial Regulation ; - Civil litigation under the FCRA ( 15 U.S.C. 1681n ), FDCPA ( 1692k ), and Fla. Stat. 559.77.

Company response to consumer: Closed with explanation