Consumer complaint received 2024-11-12 00:00:00
Product: Debt collection — I do not know
Issue: False statements or representation — Attempted to collect wrong amount
Company: Bread Financial Holdings, Inc.
State: NY

Complaint narrative:
XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX NY XXXX XXXX XXXX XXXXXXXX XXXX XXXXexpress XXXX XXXX XXXX XXXX XXXX ; OH XXXX Dear XXXX XXXXexpress  XXXX I am writing to formally dispute the reporting of the charge-off account 1 associated with XXXX on my credit report. Under the Fair 1 Credit Reporting Act ( FCRA ), specifically 15 U.S.C. 168111 ( Reinvestigation of Disputed Information ), and 15 U.S.C. 1681s-21 ( Responsibilities of Furnishers of Information ), I am entitled to request and 1 receive complete and accurate documentation to verify the accuracy and 1 legality of this account 's reporting. Additionally, under New York State Debt Collection Procedures Law ( NY CLS Gen. Bus. 600 ) law 1 I am requesting proper validation of this debt. 
I would like to highlight several cases that affirm my right to dispute this 1l information and request accurate reporting. In XXXX XXXX XXXX ; XXXX XXXX ( XXXX Cir. XXXX ), the court emphasized the duty of credit reporting agencies and furnishers to ensure the accuracy of the information 1 reported on consumers ' credit reports. Furthermore ; XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXXXXXX ( XXXX XXXX. XXXX ) reinforces the XXXX requirement that furnishers conduct proper investigations into disputes and verify the accuracy of their reporting. 
To properly validate this account, I am requesting the following : 1. Authenticated Double-Entry Accounting Records am requesting full double-entry accounting records for-the account mentioned. This should include a detailed breakdown.that-shows-how-allf transactions were debited and credited, ensuring compliance with standard accounting principles. Please note that-l-do not wish to receive a simple list of chargesor-statements.l-expect authenticated evidence-of-the-debt. 
The court ruling in XXXXXXXX XXXX XXXXXXXX : XXXX XXXX XXXX ( XXXX XXXX XXXXXXXX ) 1 held that-mere conclusory-statements from debt collectors-or-creditors-do not satisfy the validation requirement.Only authenticated and verified documentation-proving-the validity of the debt is acceptable. 
Authenticated Evidence Based on New York State Debt Collection Procedures Law NY CLS Gen. Bus. - 600 ) 1 In addition to the accounting records, I-require authenticated evidence, in 1 compliance with [ Your-State ] law. ( specific code if available ), that yout have-the-legal right to report and collect-this debt. This-includes originall signed contracts or agreements- that-show-my obligation to pay the debt and-your-legal-right : to enforce-collection and report-it-to-credit-bureaus. 
- Without this evidence, the continued-reporting-of-this-debt-may-constitute-af violation of both federal and state consumer-protection laws. 
In XXXX XXXX XXXX, XXXX XXXX ( XXXX. XXXX XXXX. XXXX ) -, the court held XXXX that creditors must produce original signed documentation to prove the validity of a debt. Failing to provide this evidence may result in a violation of l both state and federal consumer protection laws. I 3. - 1099-C- Form 1| - If this debt-has been forgiven, canceled, or settled for less than the fullf balance, I-am requesting a copy of the 1099-C- form filed with the IRS, 1 which is required if the amount of canceled debt exceeds {$600.00}. If you-have 1 not provided this documentation, the debt-may.be-considered discharged, l and it should-no-longer be reported-as owed on my-credit report. 
The IRS has- clearly outlined the requirements for filing-a 1099-C form - under- 26 | discharged or forgiven. If- you have failed to file this form, the continued f reporting of this debt may-be fraudulent. 1l - In the absence of the requested documentation and verifiable evidence, 11 ] request that you immediately delete this account from my credit-report in 1 compliance with the FCRA and-New-York State Debt Collection Procedures Law- ( NY CLS Gen. Bus. -600 ) 1 law. Failure to do so will result 1 in further-action, including filing formal complaints with the Consumer 1 Financial Protection Bureau ( CFPB ), pursuing legal remedies to enforce 1 my rights, and submitting a Suspicious Activity Report ( SAR ) to the -IRST for suspicion of fraud. The SAR ( FinCEN Form 111 ) -will-be filed if you continue reporting inaccurate and unverified information without providing the required documentation.. 
Please respond within 30 days of-receipt-of-this-letter.l-look-forward-to - receiving the required documentation or-confirmation. that-the account has Been deleted

Company response to consumer: Closed with explanation