Consumer complaint received 2024-12-03 00:00:00
Product: Payday loan, title loan, personal loan, or advance loan — Personal line of credit
Issue: Problem with additional add-on products or services — 
Company: World Acceptance Corporation
State: GA

Complaint narrative:
I made a credit consumer transaction to World Finance, you all have decided to act as a ( card holder ) and make decisions /denied me access to my own credit. As I am the original creditor and card holder, World Finance cant deny me access to my own credit. ( 15.USC.1602 The term cardholder means any person to whom a credit card is issued to. 

Also 15.USC>1602 The term credit card '' means any card, plate, coupon book or other credit device existing for the purpose of obtaining money, property, labor, or services on credit .Which is a social security card used to obtain money/credit... 

By me using my social security card/social security number i initiated the credit transaction meaning i extend credit to World Finance and World Finance acting as a card holder is unlawful { 15.USC 1611 } Whoever willfully and knowingly gives false or inaccurate information or fails to provide information otherwise fails to comply with any requirement imposed under this subchapter, shall be fined not more than {$5000.00} or imprisoned not more than one year, or both ... ..All constitutional and federal laws stated in this email are approved Facts .....

THE EQUAL CREDIT ACT also stated that ( CFR.1002.9 Statements that the adverse action was based on the creditor 's internal standards or policies or that the applicant, joint applicant, or similar party failed to achieve a qualifying score on the creditor 's credit scoring system are insufficient Your adverse action letter stated that I had too many inquiries, many accounts with balances, insufficient payment history and a lot of obligations. All of these factors are according to your standards and policies which stated above is not sufficient. one the original creditor ( me ) can not have too much debt simply become it is my right to incur debt and defer the payment of debt so therefore essentially i will always have debt. which also makes a case of credit discrimination. 
15.USC.1602 The term creditor refers only to a person who both ( 1 ) regularly extends, whether in connection with loans, sales of property or services, or otherwise, consumer credit which is payable by agreement in more than four installments or for which the payment of a finance charge is or may be required, and ( XXXX ) is the person to whom the debt arising from the consumer credit transaction is initially payable on the face of the evidence of indebtedness or, if there is no such evidence of indebtedness, by agreement. Notwithstanding the preceding sentence, in the case of an open-end credit plan involving a credit card, the card issuer and any person who honors the credit card and offers a discount which is a finance charge are creditors. 

what i like the be done the properly resolve this matter is for World Finance the complete the credit transaction and open the credit account as requested by the creditor ( XXXX XXXX XXXX ) since World Finance has already accepted the credit card / consumer credit 15.USC.1602 The term accepted credit card means any credit card which the cardholder ( XXXX XXXX XXXX XXXX has requested and received or has signed or has used, or authorized another to use, for the purpose of obtaining money, property, labor, or services on credit. 

so that that application that World Finance reviewed and responded to was when World Finance Accepted credit. 


XXXX XXXX XXXX XXXX ( For context I only refer to federal law and regulations. all congress approved and thank you for your understanding

Company response to consumer: Closed with explanation