Consumer complaint received 2025-10-22 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: Self Financial Inc.
State: MI

Complaint narrative:
THIRD NOTICE OF DISPUTE | DEMAND FOR METHOD OF VALIDATION This serves as my third formal notice of dispute and demand for verification of the alleged obligation that your company is furnishing to the national consumer reporting agencies. 

This account was represented and sold to me as a credit-builder account, yet despite being closed for years, you continue to furnish negative and materially misleading information. This constitutes ongoing harm to my creditworthiness and is in direct violation of : 15 U.S.C. 1681s-2 ( b ) Furnisher obligations to report accurate information and conduct a reasonable investigation upon notice of dispute.

15 U.S.C. 1692g ( b ) Requirement to cease collection activity and provide verification upon request.

15 U.S.C. 1692e Prohibition against false, deceptive, or misleading representations of the character, amount, or legal status of a debt. 

I have previously sent two formal disputes. You have not provided any lawful validation or substantiation of the alleged amount or basis for continued negative reporting. This third notice is being issued to give you a final opportunity to comply with federal law before litigation is initiated.

DEMAND FOR METHOD OF VALIDATION You are hereby required to provide, within 15 business days of receipt of this notice, the following : 1. A full and complete Method of Validation of the alleged debt, including itemized accounting from the inception of the account through its closure.

2. A copy of the original signed contract or agreement creating the alleged obligation. 
3. Documentation of all payments, credits, and charges applied to the account.

4. The name and address of the current owner of the alleged debt ( if sold, transferred, or securitized ).

5. A copy of all monthly statements that substantiate the alleged amount reported.

6. Written confirmation that you have suspended all negative reporting activity while this dispute is under review, as required by 15 U.S.C. 1681s-2 ( b ). 

Failure to provide a lawful method of validation will result in a formal demand for deletion of the trade line from all consumer reporting agencies and immediate escalation to regulatory bodies. 

DISCLOSURE STATEMENT ( TO BE COMPLETED BY SELF FINANCIAL INC. / CREDITOR ) Required Information Creditor Response ( Attach Documentation ) Name of original creditor Account opening date Date account was closed Nature of alleged debt Complete payment history ( itemized ) Current balance and basis for calculation Name of debt owner / holder in due course Was this account securitized or sold? ( Y/N ) Supporting contract/agreement enclosed ( Y/N ) Date of last reported activity Identity of furnisher and contact person I hereby certify under penalty of perjury that the information provided herein is true, correct, and complete to the best of my knowledge. 
Authorized Signature : _____________________________ Printed Name : ____________________________________ Title : ___________________________________________ Date : ___________________________________________ FINAL WARNING BEFORE REGULATORY ACTION Failure to provide complete and lawful validation within 15 business days will result in : Immediate demand for deletion of the trade line ; Filing formal complaints with the Consumer Financial Protection Bureau, Federal Trade Commission, and the Michigan Attorney General ; Commencement of civil litigation seeking statutory, actual, and punitive damages under 15 U.S.C. 1681n, 1681o, 1692k, and other applicable law.

Reservation of Rights This Notice is issued under reservation of all rights, without prejudice, and without waiver of any legal or equitable claims, U.C.C. 1-308. 

Respectfully, XXXX

Company response to consumer: Closed with explanation