Consumer complaint received 2025-03-13 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: GOLDMAN SACHS BANK USA
State: GA

Complaint narrative:
FINAL LEGAL NOTICE DEMAND FOR IMMEDIATE DELETION OF ILLEGAL CHARGE-OFF REPORTING XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  XX/XX/XXXX Via Certified Mail & Electronic Submission To : Goldman Sachs Bank USA ( Apple Card ) XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX : Consumer Financial Protection Bureau ( CFPB ) Case No : XXXX Federal Trade Commission ( FTC ) XXXX  State Attorney General Internal Revenue Service ( IRS ) U.S. Department of the Treasury XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX of the Comptroller of the Currency ( OCC ) ( Regulates National Banks ) XXXX XXXX XXXX XXXX XXXX  ) Complaint Filed Subject : FINAL DEMAND Immediate Deletion of Charge-Off Due to False Credit Reporting , Unauthorized Reporting & IRS Noncompliance To Whom It May Concern, This letter serves as my FINAL NOTICE before I take legal and regulatory action against Goldman Sachs Bank USA ( Apple Card ) for multiple violations of : Fair Credit Reporting Act ( FCRA ) 15 U.S. Code 1681 Fair Debt Collection Practices Act ( FDCPA ) 15 U.S. Code 1692 IRS Code 26 U.S. Code 6050P Unauthorized Credit Reporting Practices 1. FCRA Violations False Reporting of Charge-Off & Late Payment History Goldman Sachs Bank USA is knowingly falsely reporting inconsistent, inaccurate, and unverifiable information across all three credit bureaus, violating FCRA 1681s-2 ( b ) ( Duties of Furnishers to Report Accurate Information ). 

Contradictory Reporting Proof : XXXX reports the last payment as XX/XX/XXXX XXXX reports the last payment as XX/XX/XXXX, yet falsely states I was XXXX  days late XXXX times before this date XXXX reports the last payment as XX/XX/XXXX, yet falsely states I was XXXX  days late XXXX  times before this date These discrepancies prove that Goldman Sachs is knowingly furnishing false and conflicting information, which is a willful FCRA violation.

2. Violation of FCRA 1681b Unauthorized Credit Reporting I never provided Goldman Sachs Bank USA permission to report this account to the credit bureaus.

FCRA 1681b ( a ) requires a permissible purpose for a company to furnish information to credit bureaus. 
If Goldman Sachs can not provide documented proof that I authorized this reporting, they are in direct violation of the law.

3. IRS Violation Failure to Issue 1099-C for Charge-Off Under IRS Code 26 U.S. Code 6050P, a creditor must issue a 1099-C when a debt of {$600.00} or more is charged off. 
Goldman Sachs confirmed that no 1099-C was issued, yet they continue to report a charge-off.

If the debt was legally canceled, a 1099-C must be issued.

If the debt is still owed, Goldman Sachs must provide legal proof that it is enforceable.

4. FDCPA Violation Misrepresentation of Debt ( 15 U.S. Code 1692e ) Goldman Sachs is misrepresenting the s
tatus of my debt by reporting contradictory payment history.

Goldman Sachs is falsely reporting a charge-off while failing to issue a required 1099-C. This constitutes deceptive and misleading credit reporting under FDCPA 1692e.

5. DEMAND FOR IMMEDIATE ACTION Goldman Sachs must immediately : DELETE the Apple Card charge-off from all credit bureaus ( XXXX, XXXX, and XXXX ) XXXX 
Provide written confirmation that the charge-off has been deleted. 
Cease all reporting of this account unless fully corrected and legally substantiated. 
Provide documented proof of my authorization for credit reporting. 

Failure to comply within 10 days will result in full legal action. 

XXXX. XXXX XXXX for XXXX XXXX Goldman Sachs fails to comply within 10 days, I will : File a lawsuit in XXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX  seeking damages of {$1000.00} per FCRA violation, plus actual damages, emotional distress, and punitive damages. 
Submit a formal IRS complaint for failure to issue a 1099-C.

Escalate complaints to the OCC ( Goldman Sachs primary federal regulator ), CFPB, FTC, and XXXX  State Attorney General.

File a complaint with the XXXX XXXX XXXX XXXX XXXX ) regarding Goldman Sachs deceptive and unlawful credit reporting. 
Request a federal audit of Goldman Sachs credit reporting practices to determine if this is a systemic issue affecting other consumers. 
Demand access to all internal dispute records, audit trails, and verification methods used by Goldman Sachs to validate this charge-off under FCRA 1681i ( a ) ( 7 ).

7. Final Warning Goldman Sachs has previously been fined by the CFPB for Apple Card credit reporting violations. I will provide the CFPB with further evidence that Goldman Sachs is knowingly engaging in repeated FCRA violations. 

I expect a written response within 10 days. If I do not receive confirmation that this charge-off has been deleted, I will immediately escalate legal and regulatory action. 


Sincerely, XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX

Company response to consumer: Closed with explanation