Consumer complaint received 2025-04-10 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Information belongs to someone else
Company: Possible Financial Inc
State: FL

Complaint narrative:
I am writing in response to the XX/XX/XXXX letter issued by Possible Finance regarding the disputed account associated with a loan allegedly taken on XX/XX/XXXX. I continue to dispute this account on the basis of identity theft, and I am requesting its immediate removal from my credit report in accordance with the Fair Credit Reporting Act ( FCRA ) and related laws. 

Be advised of the following : XXXX. My Identity Theft Report Is Valid and Legally Binding I have filed a formal identity theft report with the Federal Trade Commission, dated XX/XX/XXXX, and bearing report number XXXX. Under XXXX XXXX XXXX XXXX  ( FCRA Section XXXX ), a consumer has the right to block the reporting of any information resulting from identity theft, provided they submit : A police report or FTC identity theft report, Proof of identity, and A statement identifying the fraudulent account ( s ).

I have already provided my FTC Identity Theft Report, which clearly lists Possible Financial Inc. as a fraudulent loan opened without my authorization.

XXXX  Burden of Proof Falls on the Furnisher ( Possible Finance ) Under FCRA XXXX  ( a ) XXXX XXXX  ) and FACTA, furnishers of information to credit bureaus are required to conduct a reasonable investigation when an identity theft claim is submitted. Simply stating that a loan was electronically signed is insufficient when the consumer has declared under penalty of perjury that identity theft occurred.

If you claim this loan is valid, you must provide definitive, legally admissible evidence that I personally : Accessed the platform and created the account, Received and used the funds, Made informed consent under the E-SIGN Act. 

Electronic signatures alone are not sufficient proof of identity when an identity theft report has been filed. The FTC recognizes that victims of identity theft are often impersonated with accurate PII. 

XXXX Your Continued Reporting of This Fraudulent Account Is a Violation Pursuant to XXXX XXXX XXXX XXXX ( a ) XXXX XXXX ) ( B ) and Section XXXX and XXXX of the FCRA, once notified of an identity theft claim with an accompanying FTC or police report, you are required to : Cease reporting the account to consumer reporting agencies ( XXXX, XXXX, XXXX ) XXXX or Provide verifiable evidence that the account is not fraudulent. 

Your current refusal to remove this tradeline while requesting additional affidavits and a police reportdespite receiving an FTC Identity Theft Reportis a delay tactic that does not meet your obligations under federal law. 

XXXX. Next Steps If this item is not removed immediately from my credit report, I will be forced to escalate this issue by : Filing a formal complaint with the Consumer Financial Protection Bureau ( CFPB ) for violation of FCRA XXXX Contacting the Federal Trade Commission with a copy of your refusal to comply, Considering legal action for negligent or willful non-compliance with federal law, including statutory damages, attorneys fees, and punitive damages. 

Final Request I am once again requesting the immediate deletion of this fraudulent account from all consumer reporting agencies. Please consider this a formal notice under FCRA XXXX and XXXX ( a ) ( XXXX  ). 

Regards, XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX  FL XXXX Email : XXXX Phone : XXXX FTC Report # : XXXX Date of FTC Report : XX/XX/XXXXXXXX XXXX

Company public response: Company disputes the facts presented in the complaint
Company response to consumer: Closed with explanation