Consumer complaint received 2025-01-25 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account information incorrect
Company: Experian Information Solutions Inc.
State: PA

Complaint narrative:
To Whom It May Concern, I am filing this complaint against Experian for failing to properly investigate and correct inaccurate information on my credit report. These inaccuracies persist despite my repeated disputes, violating my rights under the Fair Credit Reporting Act ( FCRA ), the Truth in Lending Act ( TILA ), and federal laws governing charged-off debts and 1099-C reporting. 

Details of the Complaint XXXX. XXXX XXXX XXXX  Account XXXX .... 

This account is inaccurately reported as : Charged off with a balance of {$220.00}, inconsistent with the payment and balance history. 
Reflecting a payment date of XX/XX/year>, while other records report missed payments prior to that date. 
No indication of whether the charged-off debt was reported as canceled under IRS 1099-C guidelines, creating further inaccuracies.

2. XXXX XXXX XXXX  Account XXXX XXXX 

This account inaccurately reports : A {$200.00} balance written off and {$120.00} past due as of XX/XX/year>, with no clarity on whether the debt is still collectible or canceled. 
A failure to issue or confirm the filing of a 1099-C for the written-off debt, as required under 26 U.S. Code 6050P.

These discrepancies violate 15 U.S.C. 1681 ( e ) ( requirement for maximum possible accuracy ) and 15 U.S.C. 1681 ( i ) ( requirement for proper reinvestigation of disputes ). 

Reference to CFPB Lawsuit Against Experian I believe my experience aligns with the ongoing concerns outlined in the CFPB lawsuit against Experian. The lawsuit alleges that Experian has consistently failed to investigate consumer disputes properly, verify the accuracy of reported information, and comply with federal law. Experians actions in my case reflect these systemic issues, as the disputes I submitted have been disregarded, and the inaccurate information remains on my credit report.

Legal Violations Experians failure to address these issues violates the following laws : 1. 15 U.S.C. 1601 Ensuring transparency and accuracy in credit reporting and billing practices. 
2. 15 U.S.C. 1681 ( e ) Obligation to ensure the maximum possible accuracy of consumer credit information.

3. 15 U.S.C. 1681 ( i ) Duty to conduct reasonable reinvestigation of disputed information.

4. 26 U.S. Code 6050P Requirement to issue a 1099-C for canceled or forgiven debts.

Desired Resolution I request the CFPB to investigate Experian for their failure to comply with federal laws regarding credit reporting and dispute resolution. Specifically, I ask that Experian be directed to : 1. Conduct a full reinvestigation of the XXXX XXXX XXXX and XXXX XXXX XXXX accounts. 
2. Verify whether the debts were canceled or forgiven, including the issuance of 1099-C forms where applicable.

3. Remove or correct all inaccurate or unverifiable information from my credit report.

4. Provide documentation of the reinvestigation and any verification obtained from the creditors. 

Experians failure to comply with these legal requirements has harmed my creditworthiness and caused undue stress. I trust the CFPB will take appropriate action to hold Experian accountable and ensure my rights as a consumer are protected. 

Thank you for your attention to this matter. 

Sincerely, XXXX XXXX XXXX XXXX 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