Consumer complaint received 2024-12-01 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Improper use of your report — Reporting company used your report improperly
Company: Experian Information Solutions Inc.
State: CA

Complaint narrative:
Name : XXXX XXXX Email : XXXX Phone : XXXX Account Name : XXXX XXXX XXXX XXXX Date of Charge-Off : XX/XX/2023 Original Balance : {$7200.00} Address : XXXX XXXX XXXX XXXX XXXX XXXX CA XXXX XXXX : Request for 1099-C Form for Charged-Off Debt Dear, CFPB This letter serves as my **fifth request** for the deletion and removal of a charged-off account with Excite Alliance. Despite four prior attempts to obtain a **1099-C form** related to the cancellation of the debt associated with this account, I have yet to receive any response or acknowledgment from your office. This lack of action is a direct violation of both my rights under federal tax law and consumer protection laws related to credit reporting. As stipulated by Internal Revenue Code ( IRC ) 6050P, XXXX XXXX is legally required to issue a 1099-C form when a debt of {$600.00} or more is canceled. The failure to issue this form constitutes a violation of federal law, as you are obligated to report cancelled debts to both the IRS and the consumer. This issue has gone unresolved for far too long. To also add, this account has multiple inaccuracies thats reporting false information across all 3 bureaus. Furthermore, under the **Fair Credit Reporting Act ( FCRA ) 1681**, all information reported to credit bureaus must be accurate and complete. The ongoing reporting of this charged-off account is not only incorrect but also misleading. As per the FCRA, if an account is charged off or forgiven, and if the debt is cancelled, the report must reflect this cancellation, and the account should be removed from my credit report or marked as paid or settled with a zero balance. The continued reporting of this account as an open, charged-off balance, without issuing the required 1099-C, is an inaccurate representation of my financial obligations and violates my rights under the FCRA. As a consumer, I am entitled to accurate reporting and full transparency regarding any debt that has been forgiven or settled. By failing to issue a **1099-C form** and continuing to report a charged-off account, Excite Alliance is infringing upon my rights under the **Fair Debt Collection Practices Act ( FDCPA ) **, which protects consumers from misleading and unfair practices by debt collectors and creditors. I request the immediate removal of this charged-off account from my credit report and the deletion of all associated negative entries that do not reflect the true status of the debt. This includes removing any record of the account that reflects it as charged off or in default if the debt has been forgiven or settled. Please delete and remove all this account. 

Account Name : XXXX XXXX XXXX XXXX Date of Charge-Off : XX/XX/2023 Original Balance : {$7200.00} If this matter is not resolved within 15 days, I will be forced to pursue further action, which may include : 1. Filing a formal complaint with the Consumer Financial Protection Bureau ( CFPB ) for failure to comply with **credit reporting laws 2. Reporting this noncompliance to the Federal Trade Commission ( FTC ) and the Internal Revenue Service ( IRS ) for failure to issue the required **1099-C form.

3. Seeking legal recourse for any violations under the Fair Credit Reporting Act and other applicable laws. 

Attached will also be the previous letters send out to this creditor. I expect written confirmation of these actions within 15 days from the date of this letter. 

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