Consumer complaint received 2024-05-16 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: Experian Information Solutions Inc.
State: MS

Complaint narrative:
NOTICE, TO THE PRINCIPAL, IS NOTICE, TO THE AGENT NOTICE TO THE AGENT IS NOTICE TO THE PRINCIPAL Company is furnishing inaccurate and incorrect information to the consumer reporting agencies The reporting of this inaccurate information has Caused served damages to my character, my reputation, my general mode of living & ability to obtain credit for personal & household purposes.

You & your inaccurate reporting have damaged my Livelihood.

15 U.S. Code 1681s2 - Responsibilities of furnishers of information to consumer reporting agencies ( a ) Duty of furnishers of information to provide accurate information ( 1 ) Prohibition ( A ) Reporting information with actual knowledge of errors A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate. 

Duty. A moral or legal obligation ; a responsibility. 

Accurate. ( of information, measurements, statistics, etc. ) correct in all details ; exact. 

Prohibition. the action of forbidding something, especially by law. 

As defined by the IRS Even if you dont receive a 1099-C, you must report debt as gross income on your tax return.

The IRS Clearly defines a charge off as Gross or Ordinary income, INCOME DOES NOT GET REPORTED ON THE CONSUMER REPORT! Which in fact makes your reporting of this account inaccurate.

By definition the IRS clearly says a canceled or charge off is income. The reporting of this account as a debt is inaccurate.

15 U.S. Code 1681s2 - says you XXXX XXXX XXXX ( Original Creditor XXXX XXXX XXXX XXXX XXXX  ) Account number XXXX are furnishers of information to consumer reporting agencies. 

You are PROHIBITED BY LAW to furnishing inaccurate information and I demand you cease and desist the reporting of incorrect/inaccurate information immediately 15 U.S. Code 1681s2 - ( a ) ( 1 ) ( A ) A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate.

You are hereby put on NOTICE that you are furnishing incorrect/inaccurate information.

The lender must file Form 1099-C and send you a copy if the amount of debt canceled is {$600.00} or more and the lender is a financial institution, credit union , federal government agency, or other applicable entity as discussed earlier in chapter 1. 

The above paragraph is taken directly from the IRS 2021 publication. 

SEND ME MY FORM 1099-C that you should have sent when you Filled the account as a canceled debt.

( a ) Duty of furnishers of information to provide accurate information ( 1 ) Prohibition ( B ) Reporting information after notice and confirmation of errors A person shall not furnish information relating to a consumer to any consumer reporting agency if ( i ) the person has been notified by the consumer, at the address specified by the person for such notices, that specific information is inaccurate; and ( ii ) the information is, in fact, inaccurate. 

The information is in fact inaccurate. 

In conclusion I have shown you and you have been put on notice that you are reporting inaccurate information. 
The information is, in fact, inaccurate. 

The continued reporting this information is clear violation of the law 15 U.S. Code 1681s2 - of your responsibilities as a furnisher of information.

You have caused me & my family harm due to your negligence and inaccurate reporting. 

This is your final opportunity to cure and DELETE this erroneous inaccurate account from my consumer report. 

You have 10 days to cure & DELETE THIS FROM MY CONSUMER REPORTS!

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