Consumer complaint received 2024-02-09 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Improper use of your report — Reporting company used your report improperly
Company: JPMORGAN CHASE & CO.
State: FL

Complaint narrative:
I, XXXX XXXX ( XXXX XXXXXXXX ) provided, on behalf of the Principal Debtor, JPMORGAN CHASE XXXX XXXX XXXX with an instrument, granting access to the cesti que trust of XXXX XXXX ( Principal Debtor ). As contributing heir, agreeing to pay the credit cards indebtedness by periodic deductions from the Principal Debtors estate thus establishing an open-end credit plan. The Grantor/Principal Debtor issued the instrument to JPMORGAN CHASE FINANCIAL COMPANY LLC , in trust, with the intent of entering a consumer credit transaction. Only to be denied the extension of credit. 

Each Seller and Servicer hereby agree ( i ) to instruct each Account Debtor to make all payments made by such Account Debtor on account of Purchased Receivables directly to the applicable Collection Account, and to take any and all actions necessary ( including those requested by the Purchaser ) to ensure that all Collections on account of the Purchased Receivables are wired directly from each Account Debtor to the applicable Collection Account, without adjustment, setoff or deduction of any kind or nature. - ( Pursuant Prospectus, XXXX XXXX  Purchase Agreement XXXX ) As a natural person ( 31 CFR 306.11 ), the placing of the credit card number ( the social security account/number ) on said credit application/receivable in addition to consenting to the purchase of the consumer credit report associated with said social security account, is intended to be used as an asset to be transferred to the Issuing Entity. The primary asset of the issuing entity are receivables generated in a portfolio of designated consumer revolving credit accounts or features and, in the future, may include other charge or credit account or features or products. 

The term application does not include the use of an account or line of credit to obtain an amount of credit that is within a previously established credit limit. The established credit limit with said Social Security Card is open-end. As JPMORGAN CHASE FINANCIAL COMPANY LLC nor any of its affiliates and subsidiaries are in any capacity to claim ownership of the financial assets of the natural person to be pooled, securitized, and invested. As any deposit to any bank is intended to be in the nature of bailment. 
Following the denial letter, a rebuttal was sent to JPMORGAN CHASE FINANCIAL COMPANY LLC on behalf of the Principal Debtor. The packet was received on XX/XX/XXXX. However, when I reached out to JPMORGAN CHASE FINANCIAL COMPANY LLC on XX/XX/XXXX, I was told the back office received it but wanted me to resubmit, because they didnt know when they would get to it. Pursuant to JPMORGAN CHASE FINANCIAL COMPANY LLCs prospectus, account holders are entitled to have payments and credits applied to the revolving credit account promptly. Moreover, further admitting to violations of consumer protection laws that apply to the receivables. Violations listed below : Breach of Representations & Warranties Breach of Contract Breach of Fiduciary Duty ( U.C.C. 3-307 ) Fair Credit Reporting Act 15USC 1681 violations for willful noncompliance Privacy Act of 1974 - obliged to disclose personal information solely as per my written request or with my prior written consent.

Pursuant to the Securities Act of 1933, the Trust Indenture Act, and the Securities Exchange Act of 1934. This also serves as an offer with good faith and clean hands.

15USC 1681a 2Ai - report containing information solely as to transactions or experiences between the consumer and the person making the report 16 CFR 433.2 - Preservation of consumers ' claims and defenses, unfair or deceptive acts or practices.

16 CFR 433.3 - Exemption of sellers taking or receiving open end consumer credit contracts before XX/XX/XXXX, from requirements of 433.2 ( a ). 
15 U.S. Code 6801-Protection of nonpublic personal information 15 U.S. Code 6802 - Obligations with respect to disclosures of personal information 18 U.S. Code 1028A - Aggravated identity theft EQUITY WILL NOT SUFER AWRONG OT EB WITHOUT A REMEDY. ONE WHO SEEKS EQUITY MUST DO EQUITY. EQUITY ACTS IN PERSONAM.

Company response to consumer: Closed with explanation