Consumer complaint received 2025-06-30 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Problem with a company's investigation into an existing problem — Their investigation did not fix an error on your report
Company: Experian Information Solutions Inc.
State: WA

Complaint narrative:
Formal Dispute of Erroneous Credit Reporting and Demand for Permanent Removal NOTICE TO PRINCIPAL IS NOTICE TO AGENT. NOTICE TO AGENT IS NOTICE TO PRINCIPAL. 

This is a lawful dispute and final demand issued by the XXXX, XXXX, and Secured Party Creditor of the XXXX XXXX XXXX XXXX XXXX XXXX. This communication is in reference to the unlawful reporting, processing, and continued injury arising from accounts including but not limited to : XXXX XXXX XXXX Account XXXX Status : Charged-off, {$1100.00} balance listed Dispute : XXXX XXXX XXXX has no standing to report a balance as the collateral promissory note has been transferred into a private trust, confirmed by audit records and XXXX XXXX XXXX XXXX 

Under the Executor Order issued during the XXXX administration, any account listed as charged off has been satisfied through credit underwriting and debt discharge. Continued reporting is an attempt at unjust enrichment, as the asset has already been monetized and settled in a separate account or trust. 

XXXX XXXX Account XXXX Status : Charged-off {$18000.00} Dispute : This vehicle was sold, and XXXX failed to apply the credit proceeds toward the account. The XXXX XXXX XXXX the transfer of asset control into a securitized trust, removing XXXX right to enforce or report the obligation. Your continued reporting of this account misrepresents the balance and is both inaccurate and injurious to the trust res and estate. 

XXXX XXXX XXXX : Charged-off Dispute : Your report falsely lists inconsistent balances ( {$30.00} / {$90.00} ). No proper verification has been provided despite multiple disputes. 

XXXX XXXX  Account XXXX Status : Charged-off, {$760.00} Last payment : XX/XX/year> Dispute : No proper itemization of charges has been provided. Information is incomplete and does not meet XXXX FCRA reinvestigation requirements. 

Experian ( Multiple Entries ) Multiple closed accounts are listed as active, despite being closed, paid, or never opened. These entries contain incomplete, outdated, or conflicting data, including those not requested to be closed by me. These also must be removed. 

XXXX Unauthorized Inquiries Dispute : I formally demand removal of all inquiries not authorized in writing under the FCRA. The inquiries were not consented to, and you have failed to remove them after repeated demand. I now demand written proof of consent or they must be removed.

LEGAL & EQUITABLE DEMANDS : Remove all adverse reports, balances, and charged-off statuses listed above. 

Delete all addresses other than : XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Immediately remove all XXXX inquiries not authorized under FCRA 604 Provide verification of reinvestigation from a lawful source such as the United States XXXX  XXXX for XXXX XXXX XXXX XXXX XXXX  in XXXX, including proof of any discharge or claim filing.

Under 15 U.S.C. 1681i ( a ) and 15 U.S.C. 1681s-2, I demand that you : Furnish documentary proof from the original creditor and court. 

Provide the name and contact of each furnisher used. 

Show all dates of verification attempts and reinvestigation findings. 

Disclose your method of validation and correction. 

XXXX XXXX XXXX XXXX FINDINGS : Both XXXX XXXX  audits confirm the collateral instruments have been assigned into pooled investment trusts, severing the original creditors claim and transferring both liability and rights to third-party investors, thereby voiding any further debt collection or derogatory reporting. 

According to financial accounting rules ( highlighted in provided excerpts ) : " The lender has recourse to significant other assets or the lender has an irrevocable letter of credit from a third party. '' " The guarantee covers a large part of the loan enforcing the guarantee is possible. '' This confirms securitization, credit conversion, and discharge by accounting, meeting XXXX and XXXX standards. 

FINAL NOTICE You are hereby provided XXXX HOURS from receipt of this demand to correct your records, remove all adverse accounts, and provide complete written verification. Failure to comply constitutes : A willful violation of the FCRA, FDCPA, and XXXX An injury to XXXX XXXX and fiduciary breach Justification to file a Bill in Equity, initiate private XXXX enforcement, and claim treble damages under federal commercial remedy. 

CERTIFIED MAIL PROOF OF IDENTITY You have been previously provided certified copies of : My valid government ID Social Security Number Proof of residence Prior administrative demands You have failed to correct your records in violation of due process, the Fair Credit Reporting Act, and Trust Law. 
SECURITIZATION & TRUST ASSIGNMENT ( XXXXXXXX XXXX XXXX XXXX ) Both XXXX audits confirm that the original loan instruments were securitized and assigned to private investment trusts, thereby discharging the originating creditors legal standing. This process violates the core principles of continued collection or reporting once an asset has been sold, collateralized, or otherwise removed from the creditors books. 

As confirmed by audit findings : The XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX ) was pooled and securitized, with the beneficial interest sold to a third-party trust, stripping XXXX of XXXX remaining claim to the account. 

The XXXX XXXX loan ( XXXX XXXX likewise shows that the underlying promissory note and lien were transferred into a trust. Once transferred, XXXX no longer held the asset nor the right to report, enforce, or collect. 

This transfer satisfies the key conditions outlined in the Receivables and XXXX XXXX textbook youve submitted : " The lender has recourse to significant other assets ... or the lender has an irrevocable letter of credit from a third party for a substantial amount of the loan. '' " This may be the case where the guarantee covers a large part of the loan, the payment ability of the guarantor can be reliably measured ... enforcing the guarantee is possible. '' This is consistent with XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX guidelines for transferred financial assets. Once the obligation has been securitized and credit is extended or fulfilled by other means ( credit default swaps, reinsurance, pooled trust guarantees ), it is extinguished from the original lenders books. 

Continuing to report such accounts is : Fraudulent under FCRA 623 and FDCPA 807, A misrepresentation of current creditor standing, and An attempt to collect on an asset already satisfied via credit creation

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