Consumer complaint received 2024-12-02 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account information incorrect
Company: Experian Information Solutions Inc.
State: FL

Complaint narrative:
XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, FL XXXX XXXX XXXX XX/XX/year> Experian XXXX XXXX XXXX XXXX, TX XXXX Subject : Dispute of Inaccurate Reporting and Violation of Completeness Doctrine Dear Experian, I am writing to dispute the inaccurate and incomplete information reported in my credit file, specifically related to the XXXX  XXXX with account number XXXX, XXXX  XXXX account number XXXX, XXXX XXXX  XXXX account number XXXX, XXXX XXXX XXXX account number XXXX. These accounts are being inaccurately represented on my credit report, and I believe this is a result of securitization and a failure to fully and accurately report the chain of ownership and the status of the debt. 

Discrepancy Details : Creditor Name : XXXX  XXXX Account Number : XXXX Reported Issue : Inconsistent balance owed; inconsistent payment history Creditor Name : XXXX  XXXX Account Number : XXXX Reported Issue : Inconsistent balance owed; inconsistent payment history Creditor Name : XXXX XXXX  XXXX Account Number : XXXX Reported Issue : Inconsistent balance owed; inconsistent payment history Creditor Name : XXXX XXXX XXXX Account Number : XXXX Reported Issue : Inconsistent balance owed; inconsistent payment history I am invoking the completeness doctrine under the Fair Credit Reporting Act ( FCRA ), which mandates that all information reported to a credit bureau must be complete, accurate, and verifiable. The incomplete reporting of the securitized debt is in violation of this requirement. 

Failure to Verify Ownership and Status of Debt : It is my understanding that the debt in question was securitized, meaning it was sold or transferred to a third-party entity. Under these circumstances, I request that you provide : 1. Proof of ownership of the debt as of the date it was reported on my credit report. This should include full documentation of the chain of title and any transfer of ownership to third parties. 
2. Verification of the status of the debt, including whether it has been paid, settled, or remains outstanding, and who the current creditor or debt holder is.

3. A complete report of all transactions related to this debt, including payments, charge-offs, settlements, or assignments, to ensure that the report reflects the full and complete picture of my credit history. 

The securitization of the debt should not result in incomplete or inaccurate reporting on my credit report. Under FCRA Section 1681i, you are required to investigate the dispute, provide accurate reporting, and ensure that the debt is properly verified. Failing to do so may result in legal actions, including the initiation of arbitration to enforce my rights under the agreement and applicable laws. 

Requested Actions : I request that you immediately investigate the inaccuracies and correct or remove any incomplete or unverified entries regarding the securitized debt. 
I further request that you provide written confirmation of your investigation, including documentation of your efforts to verify the debt and the status of the account. 

If you are unable to verify the debt or correct the inaccuracies, I request that you remove the entry from my credit report, as required by the FCRA. 

Failure to resolve this matter within the legally required 30-day period will result in my pursuing further actions, including initiating arbitration to enforce my rights and seeking damages for the failure to report accurate and complete information. 

Thank you for your prompt attention to this matter. I look forward to your timely response. 

Sincerely, XXXX XXXX XXXX

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