Consumer complaint received 2024-09-09 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account information incorrect
Company: Experian Information Solutions Inc.
State: CO

Complaint narrative:
Subject : Dispute of Inaccurate Information XXXXXXXX XXXX XXXX Credit Trade Line To Whom It May Concern, I am filing a formal complaint about inaccuracies on my credit reports from Experian, XXXX, and XXXX concerning a trade line for a XXXX XXXX XXXX XXXX account. Upon reviewing my credit reports, I discovered several discrepancies that violate the Fair Credit Reporting Act ( FCRA ). The specific issues are outlined below : 1. Discrepancy in Account Open Date : XXXX reports the account open date as XX/XX/XXXX, while XXXX and Experian report it as XX/XX/XXXXXXXX This inconsistency shows a failure to maintain accurate reporting across all credit bureaus, as required by the FCRA. 
2. Discrepancy in Credit Limit : XXXX reports a credit limit of {$0.00}, whereas XXXX and Experian both report a credit limit of {$1000.00}. This inconsistency is another violation of the FCRA 's requirement for accurate reporting. 
As stated in 15 USC 1681 ( a ) ( b ) and Public Law 90-321 ( 82 Stat. 146 ), credit reporting agencies are required to ensure the highest possible accuracy in the information they provide. Additionally, 15 USXXXX XXXX sets a {$500.00} fine for each violation by any agency that willfully fails to comply with these accuracy requirements. Each credit bureau has a legal obligation, as part of their agreements with consumers, to comply with these laws. 
By failing to maintain consistent and accurate information, Experian, XXXX, and XXXX are all in violation of the FCRA. This amounts to willful noncompliance, as defined under 15 USC 1681o, which states that any agency that is negligent in its duty to maintain accurate credit information is liable for damages. Additionally, 15 USC 1681s-2 specifies the obligations of information furnishers to ensure that the data reported to credit bureaus is accurate, which has clearly not been fulfilled in this case. 
Furthermore, the Privacy Act of 1974 ( 5 USC 552 ( a ) ( e ) ( iii ) ) requires that consumer reporting agencies comply with all U.S. laws related to consumer credit information. The discrepancies highlighted above represent clear violations of both the FCRA and the Privacy Act of 1974.

Requested Actions : 1. Immediate Removal of Inaccurate Trade Line : I request the immediate removal of the inaccurate XXXXXXXX XXXX XXXXXXXX XXXX trade line from my credit reports with Experian, XXXX, and XXXX. 
2. Imposition of Fines for Violations : I request the enforcement of fines of no less than {$500.00} USD for each violation, totaling {$1000.00} USD for the two reported discrepancies.

Please confirm receipt of this complaint and provide a written response within 30 days, detailing the actions taken to address these inaccuracies in my credit report. 
Thank you for your attention to this matter.

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