Consumer complaint received 2025-08-29 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account information incorrect
Company: I.C. System, Inc.
State: NV

Complaint narrative:
Company name I.C. SYSTEM, INC XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX This is incorrect Information being reported on my credit report under my rights afforded by the Fair Debt Collection Practices Act ( FDCPA, 15 U.S.C. 1692 et seq. ), the Fair Credit Reporting Act ( FCRA, 15 U.S.C. 1681 et seq. ), Regulation F ( 12 CFR Part 1006 ), the Uniform Commercial Code ( UCC 9-208 ), the Gramm-Leach-Bliley Act ( GLBA, 15 U.S.C. 6802 ), and 18 U.S.C. 894 ( extortionate credit practices ).

Pursuant to 15 U.S.C. 1692g ( b ), you are required to cease all collection activity until you have provided me with the following documentation : 1. Proof of Ownership : o A certified copy of the original contract or agreement bearing my signature. 
o Documentation establishing XXXXXXXX XXXX XXXX legal ownership and right to collect the debt, including a full chain of assignment from the original creditor to XXXX XXXX XXXX. 
o A notarized statement affirming XXXX XXXX XXXXXXXX XXXX authority to collect this debt under applicable state and federal laws. 
2. Full Accounting and Breakdown : o A detailed and itemized statement of the alleged debt, including all principal amounts, interest, fees, and charges assessed. 
o A complete transaction history from the inception of the alleged account to the present date. 
o An explanation of how any interest or fees were calculated, consistent with the terms of the original agreement. 
3. Compliance with the Uniform Commercial Code ( UCC ) : Under UCC 9-208, I am entitled to demand an authenticated record of your claim of interest in this alleged debt. Failure to provide such evidence would invalidate any alleged secured interest you claim. 
4. Proof of Accuracy Under FCRA : Under 15 U.S.C. 1681s-2 ( a ) ( 1 ) ( A ), furnishers of information are required to provide accurate information to consumer reporting agencies. If you are reporting this debt to any credit bureau, you are required to verify and substantiate the accuracy of this information. 
5. Prohibition Against Extortionate Credit Practices : Under 18 U.S.C. 894, any attempt to collect a debt through coercive or deceptive means constitutes extortionate credit practices, which is a federal offense. Any misrepresentation, threat, or unauthorized collection effort will be treated as a violation of federal law.

6. Gramm-Leach-Bliley Act ( GLBA ) Violations : Under 15 U.S.C. 6802 of the Gramm-Leach-Bliley Act, you are required to protect and maintain the privacy and security of my personal financial information. Specifically : o You must disclose how my personal financial information was obtained, including the source of the data and any third parties involved in its transfer.

o You must provide evidence that you have obtained my consent, either expressly or implicitly, to share my financial information.

o Any unauthorized sharing or mismanagement of my financial data will be treated as a direct violation of federal law and will result in immediate legal action.

Under the GLBA, the unauthorized sale, transfer, or use of my personal information by a third party without my explicit consent is prohibited. If you have obtained or shared my personal financial information without adhering to the requirements of the GLBA, you are in direct violation of federal law.

LEGAL BASIS FOR THIS DEMAND FDCPA ( 15 U.S.C. 1692g ) : Requires that debt collectors provide validation of the debt upon request and prohibits further collection activity until such validation is furnished.

FCRA ( 15 U.S.C. 1681s-2 ) : Imposes a duty on furnishers to report accurate information and to correct any inaccuracies when placed on notice.

Regulation F ( 12 CFR Part 1006 ) : Mandates that debt collectors provide clear, accurate, and complete validation of the debt.

UCC 9-208 : Requires that a secured party provide a record substantiating their interest in a debt upon request.

GLBA ( 15 U.S.C. 6802 ) : Prohibits the unauthorized sharing, sale, or transfer of a consumer 's personal financial information without proper disclosure and consent.

18 U.S.C. 894 : Prohibits collection of debts through extortionate means.

DEMAND FOR IMMEDIATE ACTION I am demanding the following corrective actions : 1. Immediate suspension of all collection activity, including but not limited to phone calls, letters, and credit reporting, until full validation is provided.

2. If you are unable to validate the debt in accordance with the legal requirements outlined above, you must : o Cease all collection activity permanently.

o Remove any negative reporting related to this debt from all consumer reporting agencies.

o Provide me with written confirmation that the alleged debt has been deleted from my credit file and that no further attempts to collect will be made.

3. Provide a written explanation regarding how my personal information was obtained, how it has been used, and whether it has been shared with any third parties.

LEGAL CONSEQUENCES FOR NON-COMPLIANCE Please be advised that failure to comply with your statutory obligations under the FDCPA, FCRA, UCC, GLBA, and federal law will result in immediate legal action. Specifically : I will file a formal complaint with the Consumer Financial Protection Bureau ( CFPB ) and the Federal Trade Commission ( FTC ).

I will seek damages for violations of the FDCPA ( up to {$1000.00} per violation ) under 15 U.S.C. 1692k, and for violations of the FCRA under 15 U.S.C. 1681n and 15 U.S.C. 1681o.

I will pursue damages for unauthorized sharing of my financial information under the GLBA.

I will pursue punitive damages for any attempt to collect a debt without proper validation or through unlawful means, including extortionate practices prohibited under 18 U.S.C. 894.

This letter constitutes formal legal notice. You have 30 days from the date of receipt to comply with this demand. Failure to respond within the statutory period will constitute a willful violation of the FDCPA, FCRA, UCC, and GLBA, exposing XXXX XXXX XXXX to significant civil liability. 

XXXX XXXX

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