Consumer complaint received 2024-04-11 00:00:00
Product: Debt collection — I do not know
Issue: Attempts to collect debt not owed — Debt is not yours
Company: Continental Finance Company, LLC
State: CA

Complaint narrative:
To further strengthen your formal dispute letter regarding the alleged debt with XXXX XXXX XXXX XXXX and to incorporate more specific legal references that could have been violated, here is an updated version of the letter : **Subject : Formal Dispute of Alleged Debt** **To Whom It May Concern at XXXX XXXX XXXX  XXXX, ** I am writing to formally challenge the validity of an alleged debt listed under my account, as detailed below, and to assert my rights under several pertinent laws and regulations that appear to have been contravened in this matter. 

**Details of Disputed Account : ** - **Date Opened** : XX/XX/XXXX - **Reported Status** : Collection account, {$770.00} past due as of XX/XX/XXXX **Legal Concerns and Violations : ** XXXX. **Fair Debt Collection Practices Act ( FDCPA ) ** : This act requires that debt collectors provide debt validation upon a consumers request and prohibits the collection of any debt not fully verified. The lack of initial communication about the debt 's origination and continued collection efforts without providing validation contravenes this law. 

2. **Fair Credit Reporting Act ( FCRA ) ** : Under the FCRA, any furnisher of information to credit reporting agencies is required to ensure that the information provided is accurate. Since the debt in question is disputed and lacks verification, reporting it as delinquent violates this requirement.

3. **Consumer Financial Protection Bureau ( CFPB ) Regulations** : The CFPB enforces several regulations aimed at protecting consumers, including : - **Regulation V** which requires furnishers of credit information to have reasonable policies and procedures in place to ensure the accuracy and integrity of reported data.

- **Regulation F**, which provides guidelines on fair debt collection practices and mirrors many of the protections found in the FDCPA.

**Requested Actions : ** - **Immediate Cessation of Collection Attempts** : All collection activities related to this account must be halted until thorough verification is provided. 
- **Verification of Debt** : Please furnish detailed documentation validating the debt, including the original creditors information, any agreements associated with the account, and a full accounting of the amount claimed. 
- **Investigation and Correction of Credit Reporting** : If this debt has been inaccurately reported to any credit bureaus, I request immediate action to correct this information and a written confirmation of these corrections.

**Previous Actions Taken : ** - Extensive review of personal records and financial accounts confirming that no agreement or acknowledgment of such debt has ever been made by me.

- No prior notices or documents related to this debt were received before its unwarranted appearance on financial statements and credit reports. 

**Conclusion : ** Given the potential implications of this issue on my financial standing, I request your prompt attention to this matter. Please communicate with me directly through the provided contact information with updates on the actions you are taking to resolve this situation.

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