Consumer complaint received 2024-08-02 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: TX

Complaint narrative:
This notice to agent to principal notice to principal is notice to agent. This is a formal complaint that you are reporting inaccurate and incorrect credit information to agencies. The reporting of this inaccurate information has cause severe damage to my character, my reputation, my general mode of living and my ability o obtain credit for personal and house purposes. You and your inaccurate reporting has damaged my livelihood. 15 U.S. Code 1681s-2 is part of the Fair Credit Reporting Act ( FCRA ) and outlines the responsibilities of entities that furnish information to consumer reporting agencies ( CRAs ), such
as credit bureaus. These furnishers could be lenders, creditors, or any organization that provides data to CRAs about a consumers credit behavior. The section is divided into two main parts : # # # ( a ) **Duty to Provide Accurate Information** This section requires furnishers to : 1. **Provide Accurate Information** : Furnishers must not knowingly provide inaccurate or incomplete information about a consumer to a CRA.


2. **Correct and Update Information** : If the furnisher discovers that the information it provided to a CRA is not accurate or complete, it must promptly notify the CRA and correct the information. 3. **Not Report Information Without a Notice of Dispute** : If a consumer disputes the accuracy of information directly with the furnisher, the furnisher is not a
llowed to report that information to a CRA without also noting that the information is disputed.

# # # ( b )

**Duties After Notice of Dispute** This section outlines the obligations of furnishers after a CRA notifies them that a consumer disputes the accuracy of information in their credit report : 1. **Investigate Disputes** : Upon receiving notice from a CRA that a consumer disputes information, the furnisher must investigate the dispute. 2. **Review Relevant Information** : The furnisher must review all relevant information provided by the CRA during the dispute process. 3. **Report Findings to CRA** : After completing the investigation, the furnisher must report the results to the CRA. If the information is found to be inaccurate, incomplete, or unverifiable, the furnisher must modify, delete, or block the reporting of that information. 4. **Provide Updated Information** : If the information is found to be inaccurate and is corrected, the furnisher must also update the information with other CRAs to which it provided the inaccurate information. # # # Enforcement The FCRA gives enforcement powers to federal and state authorities, but it does not allow consumers to sue furnishers of information directly for violations of this section, except for some specific circumstances under certain state laws or under other sections of the FCRA. # # # Significance for Consumers Understanding this section of the FCRA is important for consumers because it outlines the process and the obligations of furnishers when it comes to the accuracy of credit information. If a consumer finds errors on their credit report, they can dispute it with the CRA, which in turn will contact the furnisher to investigate and correct the issue if necessary. In short, 15 USC 1681s-2 is designed to ensure the accuracy and integrity of the credit reporting system by holding furnishers accountable for the information they provide to CRAs. I demand to see verified proof the original contract with my signature on it. Or certification from the creditor that certified the accuracy and completeness of the information account. Your failure to positively verify these accounts have hurt my ability to obtain Charge-Off : is gross income. Income can not go on your credit report according to IRS publishing. IRS clearly states this of charge offs not being not being debt but gross income. So reporting this account as a debt is inaccurate. 15 U.S.C. 1681s-2 ( a ) ( 1 ) ( A ) is a provision of the Fair Credit Reporting Act ( FCRA ) that specifically addresses the responsibilities of entities that furnish information to consumer reporting agencies ( CRAs ), such as credit bureaus. # # # **Text of the Statute : ** **15 U.S.C. 1681s-2 ( a ) ( 1 ) ( A ) : ** * '' A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate. " * # # # **Explanation : ** 1. **Prohibition Against Furnishing Inaccurate Information** : - This section prohibits furnishers ( e.g., lenders, creditors, or any entity tha
t provides information to CRAs ) from knowingly providing inaccurate information about a consumer to a CRA.

- If a furnisher knows or has reasonable cause to believe that the information is inaccurate, they are legally required to refrain from reporting that information.

2. ** '' Reasonable Cause to Believe '' ** : - The phrase " reasonable cause to believe '' suggests that if the furnisher has any indication that the information might be incorrect or unverified, they must not furnish it to a CRA.

- This could include situations where the consumer has disputed the accuracy of the information, or where the furnishers records show discrepancies.

3. **Importance for Consumers** : - This provision is a consumer protection measure designed to ensure the accuracy of the information that appears on credit reports.

- Inaccurate information on a credit report can negatively impact a consumer 's credit score and ability to obtain credit, so this rule helps prevent such errors from being reported.

4. **Enforcement** : - Violations of this provision can lead to enforcement actions by federal agencies, such as the Federal Trade Commission ( FTC ) or the Consumer Financial Protection Bureau ( CFPB ).

- While consumers can not directly sue furnishers for violations under this section, they can dispute inaccurate information with CRAs, who are then required to investigate and correct any errors.

# # # **Summary : ** 15 U.S.C. 1681s-2 ( a ) ( 1 ) ( A ) is a crucial part of the FCRA, aimed at preventing the reporting of inaccurate information to credit bureaus by requiring that furnishers only report information they know or believe to be accurate. This helps protect consumers from the potential harm caused by erroneous data on their credit reports.

15 U.S. Code 1681s-2 is part of the Fair Credit Reporting Act ( FCRA ) and outlines to you reporting agencies the responsibilities of entities that furnish information to consumer reporting agencies ( CRAs ), such as credit bureaus. These furnishers could be lenders, creditors, or any organization that provides data to CRAs about a consumers credit behavior. You are prohibited by law to cease and desist the reporting of incorrect/inaccurate information. The section is divided into two main parts : # # # ( a ) **Duty to Provide Accurate Information** This section requires furnishers to : 1. **Provide Accurate Information** : Furnishers must not knowingly provide inaccurate or incomplete information about a consumer to a CRA.

2. **Correct and Update Information** : If the furnisher discovers that the information it provided to a CRA is not accurate or complete, it must promptly notify the CRA and correct the information.

3. **Not Report Information Without a Notice of Dispute** : If a consumer disputes the accuracy of information directly with the furnisher, the furnisher is not allowed to report that information to a CRA without also noting that the information is disputed.

# # # ( b ) **Duties After Notice of Dispute** This section outlines the obligations of furnishers after a CRA notifies them that a consumer disputes the accuracy of information in their credit report : 1. **Investigate Disputes** : Upon receiving notice from a CRA that a consumer disputes information, the furnisher must investigate the dispute.

2. **Review Relevant Information** : The furnisher must review all relevant information provided by the CRA during the dispute process.

3. **Report Findings to CRA** : After completing the investigation, the furnisher must report the results to the CRA. If the information is found to be inaccurate, incomplete, or unverifiable, the furnisher must modify, delete, or block the reporting of that information.

4. **Provide Updated Information** : If the information is found to be inaccurate and is corrected, the furnisher must also update the information with other CRAs to which it provided the inaccurate information.

# # # Enforcement The FCRA gives enforcement powers to federal and state authorities, but it does not allow consumers to sue furnishers of information directly for violations of this section, except for some specific circumstances under certain state laws or under other sections of the FCRA.

# # # Significance for Consumers Understanding this section of the FCRA is important for consumers because it outlines the process and the obligations of furnishers when it comes to the accuracy of credit information. If a consumer finds errors on their credit report, they can dispute it with the CRA, which in turn will contact the furnisher to investigate and correct the issue if necessary.

In short, 15 USC 1681s-2 is designed to ensure the accuracy and integrity of the credit reporting system by holding furnishers accountable for the information they provide to CRAs.

You are hereby put on notice that you are furnishing inaccurate information on consumer reporting, 15 U.S.C. 1681s-2 is a section of the Fair Credit Reporting Act ( FCRA ) that outlines the responsibilities of entities that furnish information to consumer reporting agencies ( CRAs ), such as credit bureaus. The section is divided into two main parts : # # # **15 U.S.C. 1681s-2 ( a ) : Duty to Provide Accurate Information** This subsection imposes specific duties on furnishers of information to ensure that the information they provide to CRAs is accurate and complete.

1. ** ( a ) ( 1 ) Prohibition on Reporting Inaccurate Information** : - ** ( A ) ** : Furnishers must not report information to a CRA if they know or have reasonable cause to believe that the information is inaccurate.

- ** ( B ) ** : If a furnisher later learns that previously reported information is inaccurate, they must promptly correct or update the information.

2. ** ( a ) ( 2 ) Duty to Correct and Update Information** : - Furnishers must promptly correct any information they have provided to CRAs that they later discover is inaccurate or incomplete.

3. ** ( a ) ( 3 ) Duty to Provide Notice of Dispute** : - If a consumer disputes the accuracy of information directly with a furnisher, the furnisher can not report the information to a CRA without noting that the information is disputed.

4. ** ( a ) ( 4 ) Duty to Provide Notice of Closed Accounts** : - If an account is closed by the consumer, the furnisher must notify the CRA of the closure when reporting information about the account.

5. ** ( a ) ( 5 ) Duty to Provide Notice of Delinquency of Accounts** : - When reporting a delinquent account, furnishers must indicate the month and year the delinquency began, ensuring that the CRA can accurately determine how long the negative information should stay on the consumer 's credit report.

# # # **15 U.S.C. 1681s-2 ( b ) : Duties After Notice of Dispute** This subsection outlines the responsibilities of furnishers once they are notified by a CRA that a consumer has disputed the accuracy of information.

1. ** ( b ) ( 1 ) Duty to Investigate** : - Upon receiving notice of a dispute from a CRA , the furnisher must : - Conduct an investigation regarding the disputed information.

- Review all relevant information provided by the CRA.

- Report the results of the investigation back to the CRA.

- If the information is found to be inaccurate or incomplete, the furnisher must notify all CRAs that have received the information and correct it.

2. ** ( b ) ( 2 ) Compliance Requirements** : - Furnishers must comply with all reasonable procedures designed to ensure accurate reporting of consumer information.

# # # **Enforcement and Consumer Rights** - **No Private Right of Action Under Subsection ( a ) ** : Consumers generally can not sue furnishers directly for violations of 15 U.S.C. 1681s-2 ( a ). However, federal and state authorities can enforce these provisions.

- **Private Right of Action Under Subsection ( b ) ** : Consumers do have the right to sue furnishers for failure to comply with their duties under 15 U.S.C . 1681s-2 ( b ) after a dispute has been raised with a CRA.

# # # **Importance for Consumers** - The section is critical in protecting consumers from the consequences of inaccurate credit reporting, which can negatively impact credit scores and access to credit. It also provides a mechanism for consumers to dispute inaccurate information and ensures that furnishers investigate and correct any errors reported to CRAs.

Understanding these provisions helps consumers know their rights and the obligations of companies that provide information to credit reporting agencies.

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