Consumer complaint received 2025-01-21 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account information incorrect
Company: EQUIFAX, INC.
State: TX

Complaint narrative:
XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, Tx XXXX XXXX ( XXXX ) XXXX XX/XX/XXXX Equifax Information Services LLC XXXX XXXX XXXX XXXX, GA XXXX Re : Dispute of Inaccurate Information on My Credit Report Dear Sir/Madam, I am writing to formally dispute several inaccuracies on my credit report, which I believe violate the requirements set forth under the Fair Credit Reporting Act ( FCRA ). After thoroughly reviewing my credit report, I have identified significant issues with incorrect reporting of my name, address, and charge-off accounts. I request a thorough investigation and the necessary corrections to my credit file. 
Inaccuracies Identified : 1. Incorrect Name Reporting : o My name is XXXX XXXX XXXX, and I request that this be reflected accurately across all entries on my credit report. Any variations or misspellings of my name are incorrect and should be corrected to ensure consistency and accuracy. 
2. Incorrect Address Reporting : o The correct address associated with my credit report is XXXX XXXX XXXX XXXX XXXXXX/XX/XXXXXXXXXX/XX/XXXX TX XXXX. Any other addresses listed on my credit report are incorrect, and I request that they be removed immediately. 
3. Charge-Off Reporting Without 1099-C Form : o I have noticed that one or more accounts on my credit report are reported as charge-offs. However, I have not received a Form 1099-C ( Cancellation of Debt ) for these accounts, as required by the Internal Revenue Code 6050P. A charge-off without the issuance of a 1099-C is an inaccurate representation of my debt status. According to IRS regulations, creditors must issue a 1099-C form when they cancel or forgive a debt of {$600.00} or more, and I should have received this documentation if the debt was indeed canceled.

4. Charge-Off Law Violations : o Under Fair Credit Reporting Act ( FCRA ) 1681, creditors must report accurate and complete information to credit bureaus. A charge-off should only be reported if the debt has actually been written off and appropriately documented. Furthermore, Uniform Consumer Credit Code ( UCCC ) 1666b mandates that creditors notify the consumer when a debt is canceled and update their credit records accordingly. Failure to issue the 1099-C and report the debt cancellation accurately is a violation of these laws.

Legal Requirements : 1. FCRA ( 15 U.S. Code 1681 ) : Information reported by credit reporting agencies must be accurate, complete, and verifiable. Reporting incorrect information related to my name, address, or charge-offs is a violation of the FCRA.

2. Internal Revenue Code 6050P : If a creditor cancels or forgives a debt of {$600.00} or more, they are required to file a 1099-C form. If this form has not been issued, the charge-off status is incorrect.

3. UCCC 1666b : This section stipulates that creditors must properly report canceled debts and provide notice to consumers of such cancellations. Inaccurate charge-off reporting without the proper documentation violates this statute.

Request for Investigation : Given these discrepancies, I request that the following actions be taken : 1. Correct the Name and Address : Please update my credit report to reflect my correct name, XXXX XXXX XXXX, and my correct address, XXXX XXXX XXXX XXXX XXXX XX/XX/XXXX, TX XXXX. Please ensure that only one name and one address are listed on my report. 
2. Investigate and Correct Charge-Off Reporting : Please investigate the charge-offs on my credit report, and if they have been canceled, verify whether a 1099-C form was issued. If the necessary form was not issued or the debt was not canceled, the charge-off should be removed or corrected. 
INNCORRECT CHARGEOFF ACCOUNTS 1.XX/XX/XXXXACCOUNT # XXXX 2. XXXX XXXX XX/XX/XXXX/ ACCOUNT # XXXX As required by the Fair Credit Reporting Act, I request that you complete this investigation and make the necessary corrections within 30 days. If you find that the information reported is inaccurate, please update or delete the incorrect entries. 
Please notify me of the results of your investigation and any actions taken to correct my credit report. If you require additional documentation to assist with this process, feel free to contact me. 
Thank you for your prompt attention to this matter. I look forward to your timely resolution of these discrepancies. 
Sincerely, XXXX XXXX XXXX XX/XX/XXXX XXXX

Company response to consumer: Closed with non-monetary relief