Consumer complaint received 2026-01-06 00:00:00
Product: Debt collection — I do not know
Issue: Attempts to collect debt not owed — Debt is not yours
Company: Velocity Portfolio Group
State: FL

Complaint narrative:
I am submitting this complaint regarding XXXX XXXX XXXX, acting on behalf of Velocity Investments , LLC, for unlawful debt collection practices, continued collection activity on a disputed and time-barred debt, and violations of the Fair Debt Collection Practices Act ( FDCPA ) and Fair Credit Reporting Act ( FCRA ). 

Background I previously disputed an alleged credit card account originally associated with XXXX with a different collection agency. That dispute was never properly validated. Despite this, I have now been contacted by a new collection agency, XXXX, XXXX, claiming to collect on behalf of Velocity Investments , LLC for the same alleged debt. 

Admission That the Debt Is Time-Barred In Unifins written correspondence, they expressly state that : Due to the age of the alleged debt, Velocity Investments , LLC can not sue me for it, and Due to the age of the alleged debt, Velocity Investments , LLC may not report it to any consumer reporting agency. 

This constitutes a clear admission that the alleged debt is outside the statute of limitations and legally unenforceable. 

Failure to Provide Proper Debt Validation Despite my prior dispute, XXXX has failed to provide legally sufficient validation as required under 15 U.S.C. 1692g ( b ). Specifically, they have not provided : A copy of the original signed agreement or application; A complete itemized transaction history ; Proof of ownership or the full chain of assignment from XXXX to Velocity Investments , LLC ; Proof that XXXX XXXX XXXX has legal authority to collect on this account ; Disclosure of whether the debt was cancelled and reported as income via IRS Form 1099-C. 

Generic account summaries and conclusory statements do not satisfy federal validation requirements. 

Continued Collection After Written Dispute After I sent a formal written dispute and cease-collection demand, XXXX continued to contact me via text messages, which constitutes unlawful continued collection activity after dispute and a violation of 15 U.S.C. 1692g ( b ) and 1692c ( c ).

Misleading and Deceptive Practices By continuing to attempt collection while simultaneously admitting the debt is time-barred, XXXX conduct constitutes : False, deceptive, and misleading representations under 15 U.S.C. 1692e ; Unfair collection practices under 15 U.S.C. 1692f ; Improper attempts to induce payment on an unenforceable obligation. 

Any attempt to collect, revive, or induce payment on a time-barred debt without proper disclosures is unlawful. 

Credit Reporting Concerns XXXX and/or Velocity Investments have failed to confirm whether this alleged account has been reported or verified with consumer reporting agencies. Any such reporting would violate : 15 U.S.C. 1692e ( 8 ) ( false credit reporting ) ; 15 U.S.C. 1681s-2 ( furnisher duties under the FCRA ), particularly given their admission that the debt is not legally reportable.

Harm to Consumer This conduct has caused me ongoing stress, confusion, and concern regarding improper collection attempts and potential unlawful credit reporting. The repeated contacts despite written dispute demonstrate disregard for federal consumer protection laws.

Company response to consumer: Closed with explanation