Consumer complaint received 2025-12-18 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: Federal Adjustment Bureau, Inc.
State: FL

Complaint narrative:
Improper Third-Party Collection, Failure to Validate Debt, and Inaccurate Credit Reporting Collection Agency : FABCO Account Number : XXXX Original Creditor Listed : XXXX XXXX  Account Type : Collection 1. Overview of Complaint I am submitting this complaint to request CFPB investigation into FABCO, a third-party debt collector, for illegal collection practices, failure to establish authority as a lawful collector, and inaccurate credit reporting related to an alleged debt originally attributed to XXXX XXXX 

FABCO is reporting and attempting to collect a debt without providing proper validation or proof that it has lawful authority to collect on behalf of the original creditor, in violation of federal consumer protection laws. 



2. Account Information ( As Reported ) Account Name : FABCO Account Type : Collection Original Creditor : XXXX XXXX Date Opened : XX/XX/XXXX Status : Collection account Balance / Past Due : {$5600.00} Status Updated : XX/XX/XXXX Balance Updated : XX/XX/XXXX XXXX. Basis of Dispute Third-Party Collection Without Authority FABCO is a third-party debt collector, not the original creditor, and has engaged in improper practices including : Requesting information without establishing lawful authority Failing to provide proper debt validation Reporting a collection balance without proof of assignment or ownership Reporting negative credit information without ensuring accuracy Acting as if it is entitled to collect despite no evidence of legal standing These actions violate federal collection, reporting, and investigation standards.

4. Fe

deral Statutes & Enforcement Standards Violated Fair Credit Reporting Act ( FCRA ) 15 U.S.C. 1681e ( b ) Requires maximum possible accuracy. FABCO reported a collection account without verifying lawful authority or accuracy.

15 U.S.C. 1681s-2 ( a ) ( 1 ) Prohibits furnishing information that the furnisher knows or should know is inaccurate or unverifiable.

15 U.S.C. 1681s-2 ( b ) Requires a reasonable investigation after dispute. FABCO has not provided proper validation or documentation.

Fair Debt Collection Practices Act ( FDCPA ) 15 U.S.C. 1692e Prohibits false, deceptive, or misleading representations, including implying a right to collect without legal authority.

15 U.S.C. 1692f Prohibits unfair or unconscionable means of collection.

15 U.S.C. 1692g Requires proper debt validation and notice. FABCO has failed to produce lawful validation.

FTC & CFPB Enforcement Standards Under FTC and CFPB guidance : A third-party collector must prove chain of title or assignment Collection without validation is an unfair or deceptive act Reporting to credit bureaus without authority constitutes enforcement risk Unfair, Deceptive, or Abusive Acts or Practices ( UDAAP ) Attempting to collect and report a debt without proving authority or ownership constitutes an UDAAP violation subject to CFPB enforcement.

5. Consumer Harm As a result of FABCOs actions : My credit report reflects an unverified collection account My credit score has been significantly harmed I have been subjected to improper collection activity My financial reputation has been damaged

Company public response: Company believes it acted appropriately as authorized by contract or law
Company response to consumer: Closed with explanation