Consumer complaint received 2025-06-23 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: EQUIFAX, INC.
State: CA

Complaint narrative:
Subject : Formal Complaint : Repeated FCRA Violations, Noncompliance with IRS 26 U.S.C. 6050P, and Failure to Resolve Prior Disputes To Whom It May Concern, This is a formal complaint and escalation concerning multiple unresolved violations of federal consumer protection laws by Equifax and its data furnishers. Although a prior CFPB complaint was submitted and closed, the response failed to address the legal violations raised. I am now reasserting my complaint and demanding corrective action under the following statutes : 1. Failure to Issue IRS Form 1099-C for Charged-Off Debt Several creditors ( XXXX XXXX XXXX, XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  have reported accounts as charged off with balances exceeding {$600.00}. However, none have issued a Form 1099-C as required by 26 U.S.C. 6050P. It is a violation of federal tax law for a creditor to classify a debt as canceled or charged off and simultaneously fail to issue a cancellation of debt notice to the debtor and the IRS. 

Furthermore, continuing to report a balance as owed after claiming the debt was charged off for tax or accounting purposes is materially misleading and constitutes false furnishing under the Fair Credit Reporting Act ( 15 U.S.C. 1681s-2 ).

2. Failure to Provide Verification and Inadequate Reinvestigation This account was previously disputed, and Equifaxs response relied solely on generic confirmation from the furnisher without providing any actual documentation. Under FCRA 1681i, data furnishe
rs and credit reporting agencies are required to conduct a reasonable reinvestigation and must delete unverifiable information.

I am now requesting the following : Full account-level documentation used to verify the tradelines accuracy Forward Flow Agreements between the original creditor and any third-party furnishers Chain of assignment or evidence of legal authority to report the debt Generic e-OSCAR codes or summary metadata updates do not meet this legal threshold. If these documents can not be produced, the tradeline must be deleted immediately under FCRA 1681i ( a ) ( 5 ).

3. Continued False Reporting and Damage to My Consumer File Reporting a charged-off account as a balance still owedwithout issuing the 1099-Cconstitutes dual misrepresentation under federal tax and consumer reporting law. The tradeline should either refl
ect full cancellation of debt, or it must be fully validated and lawfully collectible. In the absence of either, this reporting is unlawful.

4. Supporting Documentation All supporting documentation has already been provided or is accessible through prior CFPB complaints and Equifaxs own dispute records. This includes dispute history, Equifaxs written response, and tradeline entries showing charged-off accounts with outstanding balances. The absence of IRS Form 1099-C further substantiates this claim. No additional documentation is required to establish that violations of FCRA 1681i, 1681s-2, and IRS 6050P have occurred.

Company response to consumer: Closed with non-monetary relief