Consumer complaint received 2025-02-19 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: FIFTH THIRD FINANCIAL CORPORATION
State: GA

Complaint narrative:
Subject : Final Notice Demand for Immediate Removal of Inaccurate Charge-Off Dear Fifth Third Bank, I am formally disputing the inaccurate charge-off reporting on my credit report for account # [ Your Account Number ]. As a data furnisher, you are legally required under the Fair Credit Reporting Act ( FCRA ) to report only accurate and verifiable information. Your failure to do so is a direct violation of federal law and is causing financial harm. Additionally, the misreporting of debt obligations may constitute fraudulent financial reporting, which can carry severe legal consequences under IRS and federal fraud statutes.

Violations of Federal Law : FCRA Violations : 15 U.S.C. 1681s-2 ( a ) ( 1 ) ( A ) Prohibits furnishing inaccurate or unverifiable information to credit bureaus.

15 U.S.C. 1681s-2 ( a ) ( 2 ) ( B ) Requires correction or deletion of disputed inaccuracies. 
15 U.S.C. 1681i ( a ) ( 5 ) ( A ) Mandates the deletion of unverifiable or inaccurate data.

15 U.S.C. 1681n & 1681o Subjects noncompliant furnishers to legal liability, including statutory damages, actual damages, and attorney fees. 

IRS & Fraud Violations : 26 U.S.C. 7206 ( 1 ) ( IRS Fraud & False Statements ) Knowingly making false statements or reports concerning financial matters is a criminal offense, punishable by fines and imprisonment.

26 U.S.C. 6050P Requires financial institutions to accurately report discharged debt to the IRS ; misreporting charge-offs can constitute tax fraud. 
18 U.S.C. 1001 Criminalizes knowingly falsifying or concealing material facts in financial reporting.

18 U.S.C. 1341 & 1343 ( Mail & Wire Fraud ) Misrepresentation of financial obligations through reporting to credit agencies may constitute fraudulent activity.

Immediate Action Required Deadline : 5 Business Days XXXX. Immediately delete the inaccurate charge-off from my credit report with XXXX, XXXX, and XXXX. 
XXXX. Provide written confirmation within XXXX business days stating that this negative reporting has been removed. 
XXXX. If you believe this reporting is accurate, supply all supporting documentation used to verify this debt, including the original creditor agreement, full payment history, and proof of charge-off status. 

Final Warning Legal & Regulatory Actions Failure to comply within XXXX business days will result in immediate escalation : Formal complaints will be filed with the Consumer Financial Protection Bureau ( CFPB ), Federal Trade Commission ( FTC ), and my State Attorney Generals Office. 
I will submit a Form 3949-A to the IRS to investigate potential fraudulent financial reporting. 
Legal action will be pursued under the FCRA, IRS fraud statutes, and federal fraud laws, seeking statutory damages, actual damages, and attorney fees. 

This is your final opportunity to resolve this matter amicably. I expect immediate corrective action. 

Sincerely, XXXX XXXX

Company response to consumer: Closed with explanation