Consumer complaint received 2024-12-19 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Improper use of your report — Credit inquiries on your report that you don't recognize
Company: Global Lending Services LLC
State: KS

Complaint narrative:
Dear XXXX XXXX XXXX, I am writing to formally reject the denial of my credit application submitted on XX/XX/year> for XXXX XXXX XXXX. The notice I received regarding the denial cited, which I believe may not comply with federal lending regulations. 

PART 1 : DEFINITIONS Creditor : The term creditor means any person who regularly extends, renews, or continues credit ; any person who regularly arranges for the extension, renewal, or continuation of credit ; or any assignee of an original creditor who participates in the decision to extend, renew, or continue credit. 
Applicant : The term applicant means any person who applies to a creditor directly for an extension, renewal, or continuation of credit, or applies to a creditor indirectly by use of an existing credit plan for an amount exceeding a previously established credit limit. 
Credit : The term credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debts and defer its payment or to purchase property or services and defer payment therefor. 
Person : The term person means a natural person, a corporation, government or governmental subdivision or agency, trust, estate, partnership, cooperative, or association. 
Board : The term Board refers to the Board of Governors of the Federal Reserve System. 
Bureau : Bureau. The term Bureau means the Bureau of Consumer Financial Protection. 
Special Indorsement : A special indorsement is a signature on a negotiable instrument that identifies a specific person to receive payment. 
All definitions provided by United States Code, Federal Reserve Act, and the UCC. 
In support of my dispute, I would like to reference the following statutes and case law : 1. 15 U.S.C. 1691 ( a ) ( 3 ) : It shall be unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, because the applicant has in good faith exercised any right under this chapter- Notice, it is a fact, affiant is aware, I have exercised my rights in good faith and I have reason to believe and do so believe I have been wrongfully discriminated against by XXXX XXXX XXXX , as seen in Exhibit A, violating 15 U.S.Code 1691 ( a ) ( 3 ). 
2. 15 U.S.C. 1602 ( f ) : The term credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment- Notice, it is a fact, affiant is aware, the term credit means the right granted by I, the original creditor, to a debtor XXXX  XXXX XXXX defer payment of the debt or to XXXX XXXX XXXX to incur debt or a loan from the US Treasury and defer its payment. This makes XXXX XXXX XXXX a borrower or solicitor who induced me to the treasury window to receive funds unbeknownst to I, at the time of the transaction. I, the affiant, came to extend credit as shown in exhibit A and not receive a loan from the U.S. treasury. The contract I received, as a result, was an unsolicited advertisement described in 48 U.S.C 227 ( a ) ( 5 ) by XXXX XXXX XXXX and lack of willful full disclosure was the fraud of execution in conjunction with fraud of inducement brought forth by XXXX XXXX XXXXXXXX XXXX. 15 U.S.C. 1611 Code : Whoever willfully and knowingly ( 1 ) gives false or inaccurate information or fails to provide information which he is required to disclose under the provisions of this subchapter or any regulation issued thereunder, ( 2 ) uses any chart or table authorized by the Bureau under section 1606 of this title in such a manner as to consistently understate the annual percentage rate determined under section 1606 ( a ) ( 1 ) ( A ) of this title, or ( 3 ) otherwise fails to comply with any requirement imposed under this subchapter, shall be fined not more than {$5000.00} or imprisoned not more than one year, or both. 
Notice, it is a fact, affiant is aware, whoever willingly and knowingly gives, false, inaccurate or fails to provide information which is required to disclose, or fails to comply with any requirement under the consumer credit protection title will be held to criminal liability pursuant to 15 U.S. Code 1611 with fines up to {$5000.00}, one year imprisonment or both. I, the affiant, have proof of this violation shown in Exhibit A. 
4. 15 USC 1602 ( g ) Code : The term creditor refers only to a person who both ( 1 ) regularly extends, whether in connection with loans, sales of property or services, or otherwise, consumer credit which is payable by agreement in more than four installments or for which the payment of a finance charge is or may be required, and ( 2 ) is the person to whom the debt arising from the consumer credit transaction is initially payable on the face of the evidence of indebtedness or, if there is no such evidence of indebtedness, by agreement. Notwithstanding the preceding sentence, in the case of an open-end credit plan involving a credit card, the card issuer and any person who honors the credit card and offers a discount which is a finance charge are creditors. For the purpose of the requirements imposed under part D of this subchapter and sections XXXX637 ( a ) ( 5 ), 1637 ( a ) ( 6 ), 1637 ( a ) ( 7 ), 1637 ( b ) ( 1 ), 1637 ( b ) ( 2 ), 1637 ( b ) ( 3 ), 1637 ( b ) ( 8 ), and 1637 ( b ) ( 10 ) of this title, the term creditor shall also include card issuers whether or not the amount due is payable by agreement in more than four installments or the payment of a finance charge is or may be required, and the Bureau shall, by regulation, apply these requirements to such card issuers, to the extent appropriate, even though the requirements are by their terms applicable only to creditors offering open-end credit plans. Any person who originates 2 or more mortgages referred to in subsection ( aa ) in any 12-month period or any person who originates 1 or more such mortgages through a mortgage broker shall be considered to be a creditor for purposes of this subchapter. The term creditor includes a private educational lender ( as that term is defined in section 1650 of this title ) for purposes of this subchapter- Notice, it is a fact, affiant is aware, credit as defined in 15 U.S.Code 1602 ( f ), is the right granted by a creditor to defer payment of debt or to incur debt and defer its payment. In conjunction pursuant to 15 U.S. Code 1602 ( g ) creditor refers only to a person, meaning not the organization but only a natural person, meaning I, the affiant and the consumer, who regularly extends consumer credit, in connection with loans, sales, property or services payable by agreement which a finance charge may or may not be required or the natural person whom the debt arising from the consumer credit transaction which may be payable on the face of the evidence of indebtedness such as a contract or by agreement. 
5. 15 USC 1602 ( L ) CODE : The term credit card means any card, plate, coupon book or other credit device existing for the purpose of obtaining money, property, labor, or services on- Notice, it is a fact, affiant is aware, my SOCIAL SECURITY CARD/NUMBER is a credit card pursuant to 15 U.S. Code 1602 ( l ) as any card, plate, coupon book or other credit device existing for the purpose of obtaining money, property, labor, or services on credit. 
6. 15 USC 1602 ( p ) CODE : The term unauthorized use, as used in section 1643 of this title, means a use of a credit card by a person other than the cardholder who does not have actual, implied, or apparent authority for such use and from which the cardholder receives no benefit- Notice, it is a fact, affiant is aware, the unlawful use of a credit card such as a SOCIAL SECURITY CARD/NUMBER under 15 U.S. Code 1602 ( l ) by a organization or person other than the cardholder who does not have actual, implied, or apparent authority for such use and from which the cardholder receives no benefit constitutes unauthorized use pursuant to 15 U.S. Code 1602 ( p ).

7. 15 USC 1644 ( a ) CODE : Whoever in a transaction affecting interstate or foreign commerce furnishes money, property, services, or anything else of value, which within any one-year period has a value aggregating {$1000.00} or more, through the use of any counterfeit, fictitious, altered, forged, lost, stolen, or fraudulently obtained credit card knowing the same to be counterfeit, fictitious, altered, forged, lost, stolen, or fraudulently obtained shall be fined not more than {$10000.00} or imprisoned not more than ten years, or both- Notice, it is a fact, affiant is aware, the fraudulent use of a credit card, by XXXX XXXX XXXX is defined as whoever uses, attempts or conspires to use a card to obtain money, goods or services shall be fined for {$10000.00} or imprisoned for 10 years or both. 
8. 15 USC 1662 ( b ), CODE : No advertisement to aid, promote, or assist directly or indirectly any extension of consumer credit may state ( 1 ) that a specific periodic consumer credit amount or installment amount can be arranged, unless the creditor usually and customarily arranges credit payments or installments for that period and in that amount. 
( 2 ) that a specified downpayment is required in connection with any extension of consumer credit, unless the creditor usually and customarily arranges downpayments in that amount- Notice, it is a fact, affiant is aware, in accordance with 15 U.S.Code 1662 ( b ) it is illegal to require a downpayment in conjunction with any extension of consumer credit unless the downpayment is in that specific amount for every transaction. I the affiant have reason to believe and do so believe, the downpayment amount was unique to my transaction and therefore illegal to require as part of the transaction and thus should be remitted by XXXX XXXX XXXX if it was paid or not required by XXXX XXXX XXXX to avoid violation of 15 U.S.Code 1662 ( b ) and be liable to double the finance charge under 15 U.S.Code 1640 ( a ) ( 2 ) ( A ) ( i ). 
9. Federal Reserve Act : Section 16, Part 2- I, hereby affirm that it is my understanding that only the Board of Governors of the Federal Reserve has the authority to deny credit or establish conditions under which credit may be extended. As such, no bank or financial institution possesses the unilateral authority to deny credit without adherence to the governing laws and regulations set forth by the Federal Reserve. This statement is made in good faith and is based on my knowledge of the relevant statutes and regulations concerning credit issuance and the responsibilities of financial institutions in the United States. 
10. XXXXXXXX XXXX XXXX XXXX XXXX, 94 F. 925, 36 CCA 553 : In this case, it was emphasized that a national bank has no power to lend its credit to any person or corporation. This legal precedent reinforces the need for transparent and lawful lending practices. I request information on how your decision-making process complies with this principle

Company response to consumer: Closed with explanation