Consumer complaint received 2024-12-28 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: NY

Complaint narrative:
Subject : Notice of Dispute Regarding Inaccurate, Outdated, and Unverifiable Information Under FCRA Dear Sir or Madam, This letter serves as a formal Notice of Dispute regarding inaccurate, outdated, unverifiable, and unauthorized information appearing on my credit report. Your obligations under the Fair Credit Reporting Act ( FCRA ), the Privacy Act of 1974, and related statutes require you to ensure that all furnished data is accurate, verifiable, and compliant with privacy laws. Below, I outline the specific accounts and reasons for this dispute, supported by applicable federal laws and regulations. 

Accounts in Dispute : XXXX XXXX Account Number : XXXX Reason for Dispute : The account includes an inaccurate balance adjustment that does not align with prior statements. This inconsistency violates 15 U.S.C. 1681e ( b ), which mandates credit reporting agencies to maintain accuracy. 
XXXX Bank Account Number : XXXX Reason for Dispute : The payment history reflects an erroneous delinquency for a period during which the account was in good standing. This reporting error breaches 15 U.S.C. 1681s-2 ( a ) ( 1 ) and misrepresents my creditworthiness. 
XXXX Bank Account Number : XXXX Reason for Dispute : The account reflects an incorrect status of " open '' despite being closed and fully paid. This misrepresentation violates the " maximum possible accuracy '' requirement under 15 U.S.C. 1681e ( b ). 
XXXX XXXX  Account Number : XXXX Reason for Dispute : The account shows a duplicate entry with conflicting balance amounts. Duplicate reporting violates 12 C.F.R. 1022.42 and creates an inaccurate depiction of my obligations. 
XXXX XXXX  Account Number : XXXX Reason for Dispute : The payment terms reported for this account are inconsistent with the original agreement. This inaccuracy undermines the validity of the report and breaches 15 U.S.C. 1681s-2 ( b ). 
XXXX XXXX Account Number : XXXX Reason for Dispute : Late fees have been inaccurately applied to months with no activity, constituting a reporting error under 15 U.S.C. 1681s-2 ( a ) ( 2 ). 
XXXX XXXX Account Number : XXXX Reason for Dispute : The reported credit limit does not match the terms of the original agreement, creating an erroneous debt-to-credit ratio. This discrepancy violates 15 U.S.C. 1681e ( b ).

Legal Basis for Dispute : 15 U.S.C. 1681e ( b ) : Requires credit reporting agencies to adopt reasonable procedures to ensure " maximum possible accuracy '' of information.

15 U.S.C. 1681s-2 ( a ) ( 1 ) : Prohibits furnishers from providing inaccurate or unverified information.

15 U.S.C. 1681c ( a ) : Limits the reporting of certain derogatory information to seven years.

15 U.S.C. 1681b : Restricts consumer reporting agencies from adding items to a report without written consent.

Privacy Act of 1974 ( 5 U.S.C. 552a ) : Protects against unauthorized disclosure of personal information, including consumer reports.

12 C.F.R. 1022.42 : Mandates furnishers to investigate and correct inaccuracies promptly.

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