Consumer complaint received 2025-04-17 00:00:00
Product: Credit reporting or other personal consumer reports — Other personal consumer report
Issue: Problem with a company's investigation into an existing issue — Their investigation did not fix an error on your report
Company: Affirm Holdings, Inc
State: NY

Complaint narrative:
TO WHOM IT MAY CONCERN I am writing to express my extreme frustration and utter disgust after discovering that com-pany ( s ) have reported charge off ( s ) on my consumer report, XXXX XXXX account number : XXXX. According to the IRS when a debt is charged off by a creditor, it mean the creditor has given up on attempting to collect the debt and has declared it as a loss for tax purposes. 

When a creditor charges off a debt, they're required to file a 1099-C form with the IRS, which reports the amount of the canceled debt as income, this means that i may owe taxes on the charged-off amount, even though i didn't receive any money from the creditor.

Let me be clear, the charge off on my consumer report is a blatant violation of my consumer rights and will not be tolerated. i demand the immediate removal of these late payment without any further delay!

I would like to remind you that the consumer law citied below are not suggestion, but are in fact legal-ly binding regulations that you are required to follow.

15 USC 1618a 2- Exclusions [ a ] [ i ] IS a subsection of fair credit reporting act that clearly states " Any report containing information solely as to transaction and experience between the consumer and the person making the report.

15 USC 6802 is a section of the untied states code that outlines the obligations of financial institutions with respect to the disclosure of personal information, 15 USC 6802 outlines the " OPT Out '' requirements for financial institution when disclosing non public personal information to nonaffiliated third parties. institutions are required to clearly and conspicuously disclose to the consumer, in writing or electronic form, that their personal information may be disclosed to third parties. The consumer must be given the opportunity to direct that their information is not disclosed and must be provided with an explanation of how they can exercise thar option.

15 USC 1681 { a } { 2 } is a section of the united states code that outlines the permissible purpose for which a consumer reporting agency may furnish a consumer report. In general, a consumer reporting agency may furnish a consumer report only under the following circumstances and no other. 1 } The consumer must give written authorization, and i did not and will not give any creditor the right to add negative, inaccurate and injurious information to my consumer report.

It is clear that the change off { s } on my consumer report is in direct violation of the laws cited above. As such, I am entitled to receive damages for this willful noncompliance. let me be unequivocally clear, according to 15 US Code 1681n, I can charge {$1000.00} for damages if you fail to remove this item immediate-ly as it causing me significant harm and distress.

I demand that you take immediate action and rectify this issue promptly, Any delay or inaction on your part will be considered a deliberate attempt to violate my consumer right and will not be tolerated.

I do not expect to receive a verification of the item in question as it is abundantly clear that is in violation of the law. I demand that you send me an updated copy of my consumer report once the disputed item has been removed. 

I trust that you will take this matter seriously and resolve it immediately Sincerely, XXXX XXXX

Company response to consumer: Closed with explanation