Consumer complaint received 2025-02-26 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Problem with a company's investigation into an existing problem — Their investigation did not fix an error on your report
Company: AMERICAN HONDA FINANCE CORP
State: GA

Complaint narrative:
Subject : FORMAL DEMAND FOR DELETION OF ALL LATE PAYMENTS AMERICAN HONDA FINANCE CORPORATION To Whom It May Concern, I am filing a formal dispute and legal demand for the immediate and full deletion of all late payments reported by American Honda Finance Corporation ( AHFC ) on my credit report. My account has been paid in full for nearly a year, yet AHFC continues to damage my credit profile by reporting derogatory marks, which is a direct violation of multiple federal laws, including the Fair Credit Reporting Act ( FCRA ), Fair Debt Collection Practices Act ( FDCPA ), Consumer Financial Protection Bureau ( CFPB ) regulations, and IRS tax laws. 

This deliberate and unlawful act is a clear case of reckless reporting, financial defamation, and an unfair, deceptive, and abusive act ( UDAAP ) under CFPB regulations. If immediate corrective action is not taken, I will escalate this matter to legal action, regulatory complaints, and financial penalties. 

VIOLATIONS UNDER THE FAIR CREDIT REPORTING ACT ( FCRA ) 1. 15 U.S.C. 1681s-2 ( a ) ( 1 ) ( A ) Prohibition of Reporting Inaccurate Information The reporting of any negative information after an account has been paid in full is inherently inaccurate and misleading and must be deleted immediately.

2. 15 U.S.C. 1681s-2 ( b ) Duty to Investigate and Correct Information Since I am disputing the entire record of late payments, AHFC must either fully validate and substantiate each late payment with legally verifiable evidence or remove all late payments permanently. 

This means producing original, signed contracts, complete payment histories, and documentary proof for each alleged late payment. Failure to provide such proof within 30 days means these late payments must be deleted under federal law.

3. 15 U.S.C. 1681i Reinvestigation Requirement AHFC and the credit bureaus are required to fully reinvestigate and remove any information that can not be verified. Since I am demanding a full audit of the reporting process, AHFC must prove that each late payment was reported in strict compliance
with federal regulations or erase them all immediately.

4. 15 U.S.C. 1681n Civil Liability for Willful Noncompliance If AHFC continues to report derogatory information without legal justification, I will pursue legal action for damages under FCRA, including statutory damages of up to {$1000.00} per violation, punitive damages, and attorneys fees. 




VIOLATIONS UNDER THE FAIR DEBT COLLECTION PRACTICES ACT ( FDCPA ) 1. 15 U.S.C. 1692e ( 8 ) False and Misleading Credit Reporting AHFC is knowingly engaging in deceptive reporting by continuing to list historical late payments on an account that has been fully paid off. This is an intentional violation of consumer protection laws and must be corrected immediately.

2. 15 U.S.C. 1692g ( b ) Validation of Debt AHFC must provide verifiable, signed documentation proving that each reported late payment was legally owed and correctly reported. Since the account is closed and paid, AHFC has no lawful reason to continue reporting these marks, and they must be deleted.

VIOLATIONS UNDER THE CONSUMER FINANCIAL PROTECTION BUREAU ( CFPB ) REGULATIONS 1. 12 U.S.C. 5531 Unfair, Deceptive, or Abusive Acts or Practices ( UDAAP ) AHFCs failure to remove outdated and misleading late payments is an unfair and abusive practice that has caused me financia
l harm. If these violations are not corrected immediately, I will escalate this complaint to the CFPB and demand enforcement action.

2. Failure to Provide Notice Before Reporting Negative Information The CFPB requires that consumers must be notified before negative information is reported. AHFC never provided such notice, making their reporting practices noncompliant with federal consumer protection laws.

VIOLATIONS UNDER IRS TAX CODE ( 26 U.S.C. ) 1. 26 U.S.C. 6050P Debt Cancellation and Reporting Violations If AHFC charged off, sold, or transferred any portion of this account, they were required to issue a 1099-C form and immediately cease all negative reporting. Their continued derogatory reporting is an illegal attempt to manipulate my financial standing and may subject them to IRS penalties.

2. 26 U.S.C. 6501 ( a ) Statute of Limitations on Financial Reporting AHFC can not legally report outdated or resolved financial transactions beyond a reasonable timeframe. Since the account is paid in full, all historical late payments must be deleted to comply with statutory reporting limits. 




DEMAND FOR IMMEDIATE DELETION OF ALL LATE PAYMENTS Given the extensive legal violations outlined above, I demand that American Honda Finance Corporation : 1. Immediately delete all late payments from my credit report across XXXX, XXXX, and XXXX. 


2. Provide legally verifiable proof that each late payment was correctly reported, including original signed contracts and complete payment records.

3. Issue a formal notice to all credit bureaus stating that all negative marks have been permanently removed.

4. Cease and desist any further attempts to report or verify negative information related to this account. 



NOTICE OF LEGAL ACTION IF DEMANDS ARE NOT MET If my demands are not met within 15 days, I will take the following actions without further notice : 1. File a federal lawsuit against American Honda Finance Corporation for violations of FCRA, FDCPA, CFPB regulations, and IRS tax law, seeking punitive damages, statutory fines, and attorneys fees. 2. File formal complaints with the CFPB, FTC, and
OCC, demanding an immediate investigation and enforcement action.

3. Petition the IRS for a full audit of AHFCs financial and debt collection practices to expose any tax-related misconduct. 



This is a legally binding dispute and demand for immediate resolution. I expect full compliance and written confirmation within 15 days.

Company response to consumer: Closed with explanation