Consumer complaint received 2024-12-11 00:00:00
Product: Debt collection — Other debt
Issue: Attempts to collect debt not owed — Debt is not yours
Company: TRANSWORLD SYSTEMS INC
State: TX

Complaint narrative:
I am writing to file a formal complaint against Transworld Systems , Inc., a debt collector, for violating several provisions of the Fair Debt Collection Practices Act ( FDCPA ) and Fair Credit Reporting Act ( FCRA ). Specifically, the debt collector has failed to notify me of an alleged debt and has been reporting inaccurate information to the credit bureaus for the past XXXX. These actions have resulted in harm to my credit report and my ability to obtain credit.

Debt Collector Name : Transworld Systems , Inc. 
Address : 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 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  Utilities Failure to Notify of the Debt : Under the FDCPA ( 15 U.S. Code 1692g ), debt collectors are required to send me a written notice within five days of first contacting me about an alleged debt, detailing the amount owed, the creditor, and my right to dispute the debt. However, Transworld Systems , Inc. failed to provide this notification within the required timeframe.

Inaccurate Reporting on Credit Report : Despite my lack of verification or notification, Transworld Systems , Inc. has been reporting the alleged debt to credit bureaus, thereby violating Section 605 of the FCRA ( 15 U.S. Code 1681c ), which prohibits the reporting of unverifiable or inaccurate information on a credit report. According to FCRA Section 611 ( 15 U.S. Code 1681i ), when a consumer disputes information on their credit report, the credit reporting agency must investigate the dispute. Transworld Systems , Inc. has continued to report the debt even though it has not been properly verified.

Failure to Provide Debt Verification : Under FDCPA Section 809 ( 15 U.S. Code 1692g ), when I disputed the debt, Transworld Systems , Inc. failed to provide proper verification of the debt. As a result, they should not have continued reporting the debt to the credit bureaus. 

Ongoing Impact on Credit Report : This inaccurate information has been negatively affecting my XXXX XXXX for the past [ insert number of years ] years, and I have had no recourse to rectify the situation despite my requests for verification. 

Legal Violations : FDCPA Section 809 ( 15 U.S. Code 1692g ) : Failure to provide a written notice within five days of initial contact and failure to provide verification of the debt after dispute.

FCRA Section 605 ( 15 U.S. Code 1681c ) : Reporting unverifiable and inaccurate information to the credit bureaus.

FCRA Section 611 ( 15 U.S. Code 1681i ) : Failure to investigate a dispute and remove inaccurate or unverifiable information.

Request for Immediate Action : I hereby demand that Transworld Systems , Inc. immediately remove the inaccurate and unverifiable information from my credit report within 15 days. If this matter is not resolved within this time frame, I will be forced to escalate the issue and file a complaint with the Texas Attorney General for further investigation and potential legal action.

I also request that you notify me in writing once this issue has been resolved, and that you provide confirmation that the debt has been removed from my credit report.

Conclusion : I expect Transworld Systems , Inc. to comply with the requirements outlined in the FDCPA and FCRA. If this matter is not resolved within the requested 15-day period, I will be forced to take legal action to ensure my rights are protected.

Company response to consumer: Closed with explanation