Consumer complaint received 2024-09-21 00:00:00
Product: Debt collection — I do not know
Issue: Written notification about debt — Didn't receive enough information to verify debt
Company: EQUIFAX, INC.
State: FL

Complaint narrative:
XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Subject : Notice of Dispute and Request for Debt Validation Dear XXXX XXXX XXXXXXXX XXXX XXXX I am writing to formally dispute the validity of the debt being reported by your agency and to request immediate validation of the debt, as well as correction of inaccurate credit reporting to the credit bureaus. 

Account Information : Creditors Name : XXXX XXXX XXXX XXXX XXXX Date of Last Activity : XX/XX/year> Amount in Dispute : {$1900.00} I recently obtained a copy of my credit report, which revealed the presence of an account allegedly being collected by your agency. Upon careful review and analysis, I believe there are inaccuracies in the reporting of this debt. 

As per the Fair Debt Collection Practices Act ( FDCPA ) and the Fair Credit Reporting Act ( FCRA ), I am entitled to receive validation of this debt. I kindly request that your agency provide me with the following information : 1. Verification of the debt amount claimed, including a detailed breakdown of any interest, fees, or charges applied.

2. Copies of all documents proving that I am indeed responsible for this debt, such as the signed agreement or contract with the original creditor showing my written signature.

3. Verification that your agency is legally authorized to collect this debt on behalf of the original creditor. 

Furthermore, this debt is governed by an original agreement with XXXX XXXX XXXXXXXX XXXX XXXXXXXX XXXX which includes a binding arbitration clause. If your agency does not promptly remove this account from my credit report and cease all collection activities, I will have no choice but to initiate arbitration as per the agreement.

Arbitration can be a costly process for your company, especially in the state of XXXX. The XXXX XXXX XXXX XXXX XXXX ) and XXXX  both charge significant fees for arbitration cases : Filing Fee : {$1500.00} Case Management Fee : {$750.00} to {$1200.00} Hearing Fee : {$1500.00} to {$3500.00} per day These fees do not include the costs of legal representation or other expenses your agency will incur. Should this case proceed to arbitration, you will be responsible for these costs, as specified in the original agreement. Given these potential expenses, it would be in your best interest to remove this account immediately and avoid further financial burden. 

Additionally, I am exercising my rights under Section 1692c of the FDCPA, which gives me the authority to request that your agency cease all communication with me. This request extends to all forms of communication, including any communication with third parties, such as credit reporting agencies, as established in the case XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX 

I expect your agency to conduct a thorough investigation into the disputed debt and provide me with the requested validation within 30 days of receiving this letter. If your agency fails to validate the debt or correct the inaccurate reporting within the specified timeframe, I will pursue all available legal remedies, including arbitration, to protect my interests. 


I also request that your agency cease all collection activities, including any reporting to the credit bureaus, until the requested debt validation is provided. The following inaccuracies have been noted : Incorrect balance Misreported payment statuses Inaccurate dates of delinquency Be aware that the inaccurate reporting of this debt to the credit bureaus is negatively impacting my creditworthiness and causing substantial harm. In accordance with the FCRA, I hereby dispute the accuracy and validity of this debt and want This account removed from my consumer profile immediately Full compliance is Needed Thank you for your prompt attention to this matter. 

Sincerely, XXXX XXXX

Company response to consumer: Closed with explanation