Consumer complaint received 2026-02-22 00:00:00
Product: Debt collection — I do not know
Issue: Took or threatened to take negative or legal action — Threatened or suggested your credit would be damaged
Company: Security Credit Services, LLC
State: NC

Complaint narrative:
To Whom It May Concern, I am submitting this formal complaint regarding an improperly reported collection account furnished by XXXX  / Security Credit, which is reporting a collection balance without providing legally sufficient proof that it has the authority to collect or report this account. 

This conduct violates the Fair Credit Reporting Act ( 15 U.S.C. 1681 et seq. ) and established requirements for third-party debt XXXX. 

Account Information Collection Agency : XXXX  / Security Credit Account Number : XXXXXXXX XXXX Original Creditor ( as reported ) : XXXX XXXX XXXX. 

Amount Allegedly Owed : {$6000.00} Account Status : Collection / Charge-Off Date Opened ( as reported ) : XX/XX/year> Currently Reporting On : XXXX  ( open, XXXX days late ) XXXX  ( closed collection ) The account is reported inconsistently across bureaus, indicating unreliable furnishing and lack of verification. 

Failure to Provide Proof of Legal Assignment XXXX  / Security Credit is reporting this account as a collection obligation without providing any valid proof of ownership or assignment. 

Under federal law, a third-party debt collector must be able to demonstrate a lawful chain of assignment from the original creditor to itself. This requires, at minimum : A bill of sale, assignment agreement, or purchase contract Documentation that specifically identifies this account as part of the transfer Proof that XXXX  / Security Credit has the legal authority to collect and furnish data to consumer reporting agencies A copy of a billing statement or account summary from the original creditor is NOT acceptable proof. 

Anyone can create or reproduce a billing statement. Such documents do not establish ownership, assignment, or collection authority and do not satisfy FCRA verification standards. 

Fair Credit Reporting Act ( FCRA ) Violations By continuing to report this account without proving legal assignment, XXXX  / Security Credit is violating, but not limited to : XXXX U.S.C. XXXX ( a ) ( XXXX ) ( A ) Furnishing information that is inaccurate, incomplete, or materially misleading. 

XXXX U.S.C. XXXX ( b ) Failure to conduct a reasonable investigation and verify legal authority after dispute. 

XXXX U.S.C. XXXX ( b ) Failure to maintain reasonable procedures to ensure maximum possible accuracy. 

Without proof of assignment, XXXX  / Security Credit has no permissible purpose to report this account. 

Demand for Relief Immediately delete this tradeline from all consumer reporting agencies, including XXXX, XXXX  and XXXX. 

If valid assignment documentation can not be produced, continued reporting constitutes willful noncompliance with federal law. 

This complaint is being submitted to the Consumer Financial Protection Bureau ( CFPB ) for regulatory review and enforcement. 

Please provide a written response within the CFPB-required response timeframe.

Company response to consumer: Closed with explanation