Consumer complaint received 2025-06-08 00:00:00
Product: Debt collection — I do not know
Issue: False statements or representation — Attempted to collect wrong amount
Company: Spring Oaks Capital, LLC
State: OH

Complaint narrative:
To whom it may concern : My goal is to ensure that the information on my credit report is accurate and reliable. I have decided to use my rights under FCRA to challenge any information in my credit report that is not accurate.

This is just an allegation at this point, so I need you to provide evidence before taking any drastic measures against my reputation. I know that you can't just decide which rules apply to your organization, so I won't let anyone report any false claims. It's important to make sure all of your claims are accurate and reported in the correct format- this is required by law ( FCRA ) as well as XXXX XXXX standards. For any negative account, I demand documentation/proof proving why your company considers it delinquent or derogatory. You have yet to provide me records documenting how your company verified and validated these accounts/claims. Your proof of each negative claim you placed on my credit report should also include proof of a permissible purpose for any inquiry into the account. I'm fighting back against this injustice so I can get my life back! Please send over some physical proof of what has been done and an updated credit report. 
Below is a summary of the data in which I am challenging : Summary of Accounts being challenged in list form SPRING OAKS CAPITAL, ( HR12 ) - ( BS-7 ) XXXX SPRING OAKS CAPITAL, - HR-12 Equifax Equifax Account # : BS-7 XXXX Account Description : Individual Account Rating : BS-17A CollectionOrChargeOff Account Status : BS-17A Open Account Type : BS-9 Open Balance Owed : BS-21 {$10000.00} Closed Date : BS-26 -- Credit Limit : BS-11 -- Creditor Remarks : BS-19 -- Creditor Type : - Finance Date Opened : BS-10 XXXX Date Reported : - XXXX Date of Last Activity : HR-8 XXXX Dispute Status : BS-20 N High Balance : BS-12 {$10000.00} Last Payment : BS-27 -- Last Verified : BS-23 XXXX Past Due Amount : BS-22 -- Payment Amount : BS-22 -- Payment Frequency : BS-14 -- Payment Status : BS-17B CollectionOrChargeOff Term Length : BS-13 1 Loan Type : -- Please address the inaccurate account SPRING OAKS CAPITAL, ( XXXX ) on my credit report listed as CollectionOrChargeOff, with dates XXXX and XXXX. This is hindering my financing efforts. 
XXXX XXXX XXXX XXXX XXXX ct XXXX ohio, OH XXXX SSN : XXXX XXXX : XX/XX/year> SPRING OAKS CAPITAL, XXXX XXXX XXXX XXXX, VA XXXX As per XXXX U.S.C. XXXX, I request this accounts deletion and proof of the {$10000.00}. 
Also, see the image above for SPRING OAKS CAPITAL, ( HR-12 ) XXXX ( BS-7 ). Ive highlighted and circled additional areas of concern.

Lets examine Creditor Type ( - ) showing Finance I bet you can't wait until I'm done with this account! The compliance standards are really important, and your reporting ability is clearly lacking.

As we know from the news lately -- inaccurate credit records lead to higher interest rates on loans or even worse... Prove that all information for this particular account has been verified.

Upon inspecting Term Length ( BS-13 ) exhibiting 1. I am disappointed to find that the data you reported does not meet our standards. It is inaccurate because it deviates from what's required by XXXX XXXX rules and there can never be any deviations from these requirements so please correct this account right away before my finances are impacted by incomplete or unverified information. 
I was looking at Account Description expressing Individual The data on this account appears to be inaccurate or inconsistent with established reporting standards of the CDIA. I would like you to review it again and prove to me that everything is true, accurate, consistent etcetera! If unable then remove my profile immediately- please do not hesitate in removing accounts which do not meet these requirements When I scrutinized Last Verified ( BS-23 ) presenting XXXX. Compliance with regulatory requirements is essential for accurate credit reporting! Prove to me that your information for this account has been fully vetted and meets all the standards of federal law, including but not limited XXXX XXXX standards. I need you show proof or explain how this account is compliant According to the law, you and data furnishers must certify all aspects of required FCRAXXXX XXXX compliance. This must be done in a truthful, correct manner that is complete as well timely so it does not violate my consumer rights or civil freedoms! 
In appreciation XXXX XXXX XXXX Please send your written response to my address of XXXXXXXX XXXX XXXX XXXXXXXX ohio, OH XXXX I am aware that you have been sending out form letters in response to many of the disputes and challenges that consumers have submitted, regardless of the specific information that they have provided. This is illegal, as each dispute and challenge must be addressed individually and on its own merits.My letters were created using software that is available to everyone. If you don't process my letters, you are violating 15 U.S. Code 5 1681i. Keep in mind, you are not allowed to delay processing letters from consumers based on the assumption that help from a third party may be available. This is not a legal exception.I am the author of any letters you receive with my name on them. Either I or my advisors wrote them with my full knowledge and consent. I am aware that there is no law that says you need to provide a Power of Attorney in order to delay processing letters from a consumer.If you do not process my letters in a timely manner, I will consider it to be an intentional disregard of my rights as a consumer. I will then contact my lawyer to take legal action

Company response to consumer: Closed with explanation