Consumer complaint received 2025-07-03 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Old information reappears or never goes away
Company: Bull City Financial Solutions, Inc
State: NC

Complaint narrative:
Dear CFPB Representative, I am submitting this formal complaint against BullCity Financial Solutions regarding the inaccurate and misleading reporting of a collection account connected to XXXX XXXX XXXX on my XXXX  credit report. The information being reported is both factually incorrect and potentially illegal under federal and North Carolina law. 


-- - Account Information : Debt Collector : BullCity Financial Solutions Original Creditor : XXXX XXXX XXXX Account Type : Utility Collection Date Opened : XX/XX/XXXX Reported Balance : {$630.00} Last Balance Update : XX/XX/XXXX Status : Collection 1 Month Past Due Responsibility : Individual -- - Violations and Complaint Basis : 1. Re-Aging of Debt FCRA Violation : The account was opened in XX/XX/XXXX, yet the balance was updated on XX/XX/XXXX, with no new payment activity. This appears to be illegal re-aging in violation of the Fair Credit Reporting Act ( 15 U.S.C. 1681c ), which limits how long derogatory items can be reported.

2. Statute of Limitations North Carolina Law Violation : According to North Carolina General Statutes 1-52 ( 1 ), utility debts have a 3-year statute of limitations. This account is now well beyond that time frame, making it legally time-barred from court enforcement. Continuing to report or imply that this debt is active, collectible, or recently delinquent is deceptive and violates both FCRA and the North Carolina Debt Collection Act ( NCDCA, 75-54 ).

3. No Debt Validation FDCPA Violation : I have never received a debt validation notice or itemized proof of this alleged debt. Under 15 U.S.C. 1692g ( b ), debt collectors must validate a debt if requested or before reporting to the bureaus. BullCity has failed to provide any documentation proving this debt is valid, accurate, or enforceable.

4. Incomplete and Misleading Credit Report Information : The account is reported with no monthly terms, no breakdown of charges, no contact attempts, and shows 1 month late in XXXX which is over 5 years from the date the account was opened. This is clearly misleading, as it creates the false impression that the account is new or recently delinquent.

5. Damage to Credit Profile : This inaccurate and outdated collection entry is causing severe and ongoing damage to my credit score and opportunities, despite it being an unenforceable, unvalidated utility bill from over five years ago.

-- - Requested Resolution : I respectfully request the CFPB : Conduct a full investigation into BullCity Financial Solutions reporting practices Require them to provide full validation and proof of the debt Enforce compliance with the FCRA, FDCPA, and North Carolinas statute of limitations Direct Credit bureaus to delete this account from my credit file immediately if it can not be validated within legal bounds I am aware of my rights under both federal and state law, and I ask that this account be permanently removed to prevent further harm. 

Sincerely, XXXX XXXX

Company response to consumer: Closed with explanation