Consumer complaint received 2025-01-22 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account status incorrect
Company: Bread Financial Holdings, Inc.
State: AZ

Complaint narrative:
NOTICE OF DISPUTE AND DEMAND FOR VALIDATION OF LATE PAYMENTS To Whom It May Concern, Subject : Formal Dispute of Late Payment Reporting and Demand for Validation and Correction Pursuant to 15 U.S. Code 1666 - Correction of Billing Errors and the Fair Credit Reporting Act ( FCRA ), I am disputing the accuracy of late payment information reported on my credit file. This letter serves as a formal demand for validation of the late payments and immediate correction or removal of the inaccurate information from my credit report.

Legal Basis for Dispute Under 15 U.S. Code 1666 ( a ), I am exercising my right to dispute billing errors, which includes : Identifying the name and account number of the obligor.

Indicating belief that the statement contains a billing error and specifying the error 's amount.

Additionally, I invoke the following provisions of the FCRA : 15 USC 1681i : Requires reinvestigation of disputed information.

15 USC 1681s-2 ( a ) ( 1 ) : Prohibits furnishing inaccurate information.

15 USC 1681e ( b ) : Mandates maximum accuracy in consumer reporting.

Accounts in Dispute and Late Payment Details 1. XXXX XXXX XXXX Credit Account NuXXXX XXXX XXXX Disputed Late Payments : 90 days past due as of XX/XX/XXXX. 

Demand : Validate the exact date of the late payment and confirm whether the payment of {$190.00} made in XX/XX/XXXX was accurately applied. 

XXXX. XXXX Bank XXXX Account Number : XXXX Disputed Late Payments : 150 days past due in XX/XX/XXXX, with inconsistent charge-off reporting. 

Demand : Provide precise dates of each late payment leading up to the charge-off and validate their accuracy. 

XXXX. XXXX XXXX XXXX XXXX Account Number : XXXX Disputed Late Payments : Collection account inconsistencies with first delinquency reporting. 

Demand : Confirm the date of first delinquency and validate all reporting details. 

XXXX. XXXX XXXX  Account Number : XXXX Disputed Late Payments : Multiple delinquencies from XXXX to XX/XX/XXXX. 

Demand : Validate the dates of each late payment and provide a breakdown of their investigation. 

XXXX XXXX XXXX XXXX XXXX XXXXXXXX Disputed Late Payments : 60 days late in XX/XX/XXXX, with missing last payment details on XXXX. 

Demand : Confirm the dates of late payments and reconcile inconsistencies in payment reporting. 

Case Law Supporting My Dispute In XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX ( XXXX XXXX. XXXX ) : The court emphasized the duty of furnishers to investigate and correct inaccurate information. 

In XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX ) : The court held that consumer reporting agencies must conduct reasonable investigations into disputes. 

In XXXXXXXX XXXX XXXX XXXX  XXXX, XXXX, XXXX XXXX XXXX ( XXXX Cir. XXXX ) : Furnishers were held liable for failing to correct inaccuracies after notification. 

Demands for Action Validation of Late Payments : Provide the exact dates of each reported late payment.

Supply supporting documentation validating the accuracy of these payments.

Breakdown of Investigative Methods : Include a detailed breakdown of your investigative process as required under 15 USC 1681e ( b ).

Removal of Inaccurate Accounts : Remove all accounts with unvalidated or inaccurate late payment information from my credit report.

Affidavit of Verification : Submit an affidavit confirming that all provided information is honest, accurate, and verified to the maximum extent possible.

Legal and Financial Implications Failure to address this matter within 30 days will leave me no choice but to escalate this case. Actions may include filing a formal complaint with the Consumer Financial Protection Bureau ( CFPB ) or pursuing legal remedies under 15 U.S. Code 1666 and the FCRA, including statutory damages of {$1000.00} per violation. 

Contact Information Please direct all correspondence to : Name : XXXX XXXX : XXXX XXXX XXXX XXXX, XXXX, AZ XXXX : XXXX : ( XXXX ) XXXX Thank you for your immediate attention to this matter.

Company response to consumer: Closed with monetary relief