Consumer complaint received 2024-06-26 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: QUALITY ACCEPTANCE LLC
State: CA

Complaint narrative:
XXXX XXXX ; XXXX beneficiary. 
XX/XX/XXXX Quality acceptance LLC is in violation of multiple laws set forth by Congress in regards to the following account XXXX 15 U.S. Code 1681a ( 2 ) ( a ) ( i ) states that the consumer report does not include information solely as to transactions or experiences ( payment history, charge off status ), between the consumer ( myself ) and the person ( quality acceptance ) making the report. Additionally, 15 U.S. Code 1681 s-2 ( a ) ( 1 ) ( A ) states that A person ( quality acceptance ) shall not furnish any information relating to a consumer ( ME ) to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate. Quality acceptance can not collect on a discharged debt. This is now considered a certificate of indebtedness per the IRS and income can not be reported. The IRS Clearly defines a charge off as Gross or Ordinary income, INCOME DOES NOT GET REPORTED ON THE CONSUMER REPORT which in fact makes reporting of this account inaccurate! I provided a screenshot from the IRS website. By Definition, the IRS Clearly says a Cancelled debt or Charge off is Income. The reporting of this account as a debt is inaccurate. I never received a XXXX from quality acceptance for the cancelled debt of {$7600.00} in order to file as ordinary income. Where is my 1099-C quality acceptance is clearly writing off debt with the IRS without sending out 1099-C as required by the IRS for debts greater XXXX XXXX $ is unsatisfactory! Quality acceptance has been HEREBY PUT ON NOTICE that they are furnishing incorrect inaccurate information. Quality acceptance terms and conditions they agreed not to share my information with non affiliates. XXXX is not an affiliate of quality acceptance they not bureaus The only true credit bureau is the CFPB and they DO NOT furnish consumer reports as stated in federal law. I have a right to privacy and Per the Privacy Act of 1974 as a federally protected consumer I am now revoking any and all authorization I the consumer may have given you written, non written, verbal, and nonverbal per 5 U.S. Code 552a. Per the FCRA as a federally protected consumer I am now opting out of any and all authorization I the consumer may have given you written, non written, verbal, and non verbal per 15 USC 6802. When a credit balance in excess of XXXX $ created on a credit account through transmittal of funds to a creditor in excess of the total balance due on an account, through rebates of unearned finance charges or insurance premiums, or through amounts otherwise owed to or held for the benefit of the consumer the creditor shall : ( 1 ) Credit the amount of the credit balance to the consumer 's account ; ( 2 ) Refund any part of the remaining credit balance within seven business days from receipt of a written request from the consumer ( 3 ) Make a good faith effort to refund to the consumer by cash, check, or money order, or credit to a deposit account of the consumer any part of the credit balance remaining in the account for more than XXXX months. 
I have already sent one complaint about the charge off that remain on my credit and quality acceptance LLC response is arguing that a charge off is not considered income when in fact it is so heres my second complaint with more details and there violations upon me.

Company response to consumer: Closed with explanation