Consumer complaint received 2024-12-23 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Problem with a company's investigation into an existing problem — Difficulty submitting a dispute or getting information about a dispute over the phone
Company: ALLY FINANCIAL INC.
State: LA

Complaint narrative:
AFFIDAVIT OF XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX being duly sworn, depose and state as follows under penalty of perjury : 1. My name is XXXX XXXX XXXX XXXX, and I am presently XXXX XXXX XXXX. 

2. My current address of residence is XXXX XXXX XXXX, XXXX, LA XXXX. 

3. The purpose of this affidavit is to attest to the fact that I have never co-signed for a vehicle, specifically a XXXX XXXX XXXX XXXX  with ending account number XXXX, despite claims made by Ally Financial Bank stating that I did.

4. Upon further investigation, I discovered that my signature was forged in connection with this alleged co-signing, which constitutes a crime under Louisiana law ( La. R.S. 14:72 ) regarding forgery.

5. I was the CEO of a company that may have been involved with this vehicle, but I have never co-signed for any vehicle, and I am no longer the CEO of that company.

6. Ally Financial Bank is claiming that I owe approximately {$15000.00}, which is false and unsubstantiated.

7. The credit bureaus, including XXXX, XXXX, and XXXX, are responsible for damages, as they allowed this inaccurate information to be reported on my accounts. According to the Fair Credit Reporting Act ( 15 U.S.C. 1681e ( b ) ), credit reporting agencies are required to follow reasonable procedures to ensure maximum possible accuracy of the information they report. However, they have failed to do so in this case.

8. This inquiry never appeared on my credit report, nor was it reported as if I were co-signing. I did not become aware of this issue until it reached charge-off status.

9. Had I co-signed, there would have been an inquiry on my report, and my credit score would have been affected accordingly, but this has not occurred.

10. There exists a conflict of interest, as I have a personal account with Ally Financial Bank, and they improperly shared my personal information to benefit themselves regarding the charge-off of the business account 11. The case of XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX ( XXXX ) illustrates the responsibilities of credit bureaus to ensure the accuracy of reported information. The court ruled in favor of the consumer when the credit bureau failed to investigate a dispute adequately.

12. In XXXX XXXX XXXX XXXX XXXX, XXXX ( XXXX ), the court found that credit reporting agencies violated the Fair Credit Reporting Act by failing to correct inaccurate information after being notified, leading to damages for the consumer.

13. I have never received any Form 1099-C regarding the charge-off. According to IRS regulations, a 1099-C is issued when a debt is canceled or forgiven, which would indicate that the debt was written off for tax purposes. The failure to provide this form constitutes a potential violation of IRS regulations and suggests fraudulent activity on the part of Ally Financial Bank.

I hereby swear or affirm that the information above is true accurate and complete to the best of my knowledge, and that no relevant information has been omitted.

Company response to consumer: Closed with explanation