Consumer complaint received 2025-07-26 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: BARCLAYS BANK DELAWARE
State: NJ

Complaint narrative:
NOTICE OF FRAUDULENT REPORTING, SECURITIZATION MISCONDUCT & DEMAND FOR IMMEDIATE TRADE-LINE DELETION I. FORMAL NOTICE AND DECLARATION This is a formal declaration and demand notifying Barclays Bank Delaware ( Barclays ) that its entity ( XXXX ) has engaged in willful and intentional misrepresentation, deceptive credit reporting, and fraudulent monetization practices in direct violation of : 15 U.S.C. 1681s-2 ( FCRA Duties XXXX XXXX XXXX XXXX ) Public Law XXXX ( Privacy Act ) XXXX XXXX ( 15 U.S.C. 1114, 1125 ) XXXX state deceptive trade practices statutes Barclays has knowingly and willfully furnished false, misleading, and inaccurate data to consumer reporting agencies ( CRAs ) regarding account ending : XXXX. 

XXXX. BARCLAYS ' PARTICIPATION IN RECEIVABLES SECURITIZATION XXXX 's own SEC filings, including Forms XXXX, XXXX, and XXXX, confirm Barclays ' active participation in monetization and securitization XXXX credit card receivables through Barclays XXXX Funding LLC and Barclays Dryrock Issuance XXXX XXXX 

Evidence from Barclays Filings : Barclays Bank Delaware sells and assigns receivables to Barclays XXXX XXXX XXXX, which then transfers such receivables to Barclays XXXX XXXX XXXX for the issuance of asset-backed securities. 

Receivables in excess of {$7.00} XXXX form part of securitization pools pledged under the Indenture to noteholders. 

Assignment No. XXXX of Receivables in Additional Accounts and XXXX XXXX. XXXX confirm Barclays continued reassignment and transfer of accounts and receivables for ABS transactions. 

Once receivables are securitized and removed from Barclays balance sheet, Barclays loses any legal, beneficial, or equitable interest in the alleged obligation. Therefore : Any claim of balance due post-securitization is a blatant falsehood. 

Barclays is not the real party in interest, and reporting a trade-line with an alleged balance constitutes fraud, bad faith, and unjust enrichment. 

XXXX. FALSE CHARGE-OFF REPORTING & PROOF REQUIREMENT The account and trade-line have been reported as charged off on or about XX/XX/XXXX. By XXXX accounting standards, a charge-off indicates the balance is written off to {$0.00}. 

Accordingly : Any reporting of a balance beyond {$0.00} after XX/XX/XXXX is knowingly false, misleading, and inaccurate. 

For each subsequent month after XX/XX/XXXX that reflects a balance above {$0.00}, Barclays is hereby demanded to produce verifiable, admissible evidence, validated under oath by a competent witness, under the pains and penalties of perjury, showing any lawful amount due, past due, and/or owed by the original creditor listed as the registered user/vendor/beneficiary of the account/trade-line. 

Failure to comply within 10 days triggers the following contractual stipulation : A fee of {$5000.00} USD per month will accrue and become immediately due and payable by Barclays Bank Delaware for every month beyond XX/XX/XXXX that false reporting persists. 

IV. BAD FAITH, IDENTITY THEFT & UNJUST ENRICHMENT Barclays misconduct includes : Unjust Enrichment Profiting from securitization while attempting double recovery through credit reporting harassment. 

Aggravated Identity Theft ( XXXX XXXX. XXXX ) Using my personal and trademarked name in commerce without authorization for securitization gains. 

Trademark Infringement Exploiting a federally protected mark ( USPTO Serial No. XXXX ) in violation of the XXXX XXXX. 

V. CASE LAW SUPPORT XXXX v. Longan, XXXX XXXX XXXX ( XXXX ) Assignment severs the original holders claim. 

XXXX v. XXXX XXXX XXXX XXXX XXXX, XXXX XXXX XXXX ( XXXX ) Assignments and transfers alter creditor rights. 

XXXX XXXX XXXX XXXX XXXX, XXXX XXXX XXXX ( XXXX ) & TransUnion XXXX XXXX XXXX, XXXX XXXX XXXX XXXX ( XXXX ) Inaccurate credit reporting creates statutory liability. 

VI. ARBITRATION NOTICE This matter is subject to mandatory arbitration and/or federal litigation, and any continued reporting constitutes retaliation and obstruction. Non-compliance will escalate this matter to federal litigation, asserting claims for : Violations of FCRA, FDCPA, XXXX XXXX Aggravated Identity Theft Unjust Enrichment Punitive Damages XXXX. DEMAND FOR IMMEDIATE ACTION Barclays is hereby demanded to : IMMEDIATELY REMOVE AND DELETE the reporting Barclays account and trade-line and all associated derogatory data from any and all CRAs, in perpetuity. 

CEASE AND DESIST all unauthorized reporting and data exploitation. 

Provide written confirmation of compliance within fifteen ( XXXX ) days. 

Failure to comply will result in enforcement of contractual penalties and full pursuit of remedies through arbitration and/or federal court.

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation