Consumer complaint received 2024-02-16 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account status incorrect
Company: FC HoldCo LLC
State: NC

Complaint narrative:
According to a settlement agreement between myself and Flagship Credit Acceptance dated XX/XX/2022 for a Lawsuit for identity theft I filed against the Respondent they agreed to the following terms. 
Special Consideration. Within thirty ( 30 ) days of execution of this Settlement Agreement, Respondent further agrees to submit requests to the major credit reporting agencies ( CRAs ) to which it furnished information about Claimants Account, requesting by XXXX XXXX XXXX form ( XXXX ) that the CRAs report the account as paid in full for less than the full balance. To the extent that on the Effective Date of the Agreement Respondent has already submitted a request to the CRAs to remove the tradeline in a manner consistent with this Settlement Agreement As you can clearly see in the agreement the respondent stated that they put in a request to all the CRAs to REMOVE the tradeline in a manner consistent with the settlement agreement. And it should state paid for less then full amount. However this has never happened in breach of our contract. As you can see in the attached credit report from XXXX Moreover there is no provision in our settlement agreement that allows the respondent to report late payments. Which they are currently doing today. Its obvious the respondent has a problems reading their own contracts with comprehension and even a greater issue of following the contract. Also let me please remind the respondent that the settlement was reached because they defaulted for identity theft lawsuit and threatening to report fraudulent information to XXXX and XXXX when the person knows or should know it is fraudulent is violation of federal law and my consumer protection rights. Not to mention a breach of contract. I have attached again copies of my police report, FTC, identity, the settlement agreement and the respondents last reply. It is clear that Flagship Credit Acceptance has no problem violations 15 usc 1 Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding {>= $1,000,000} if a corporation, or, if any other person, {>= $1,000,000}, or by imprisonment not exceeding 10 years, or by both said punishments, in the discretion of the court.. My next steps will be to file complaints with the OCC, SEC and SOS respectively. I look forward to settling this breach of contract in federal court. And would like to thank the respondent for helping me collect my preponderance of evidence.

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