Consumer complaint received 2024-10-03 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Improper use of your report — Reporting company used your report improperly
Company: Bread Financial Holdings, Inc.
State: VA

Complaint narrative:
This company has responded to a previous complaint I did on them stating they would still report to my credit. Once again which will be the second time im disputing on the cfpb for the same company but with XXXX  I disputed this account several times for inaccurate reporting and the fact of it reporting when it was sold to a third party which means they no longer own the debt. It really should not take over 8 complaints and dispute for you guys to settle and say we will do a. cease and desist. No it needs to be removed because this has been inaccurate. The third party company it was sold to is not even reporting the debt. The actual two XXXX  secret accounts starting with XXXX and XXXX stated that both accounts were written off. Even in the correspondence letter of them responding to my dispute THATS NOT EVEN MY ADDRESS. which also leads to another reason why I did not receive any documents for the account. I will be taking further action and reporting to the bbb as well. 
It's still reporting inaccurate and if it was written off that means you filed it, wether balance is {$0.00} its still inaccurate for reporting because the debt was sold, The Fair Credit Reporting Act ( FCRA ) states once a debt is sold to a third-party collector, the original creditor typically no longer has the right to report that debt, as the new owner has the responsibility for collection and reporting. The FCRA requires that information reported to credit bureaus must be accurate and up-to-date, which means that the original creditor should not continue to report on a debt they no longer own. 
So if XXXX XXXX who you sold the debt to does decide to report I will have TOTALING THREE OF THE SAME ACCOUNTS REPORTING FROM SAME CREDITOR AND THE ONE THEY SOLD TO FOR XXXX. AND AGAIN THAT WILL BE INACCURATE. These two accounts needs to be removed from my credit I disputed this over seven times and nothing has happened the bare minimum was done for the cease and desist and denied and stated reporting accurate when you're not because of the debt being sold. Section 605 specifies lthe limitations on reporting negative information indicating that once a debt is sold the original credit should generally not continue reporting that debt. If this is not deleted from my report from credit report both XXXX XXXX account with the account numbers listed above I will take other actions because just as well as you are following the law which you are not because is still identified INACCURATE. I know my rights and I have been collecting a trail and each dispute from XXXX and more who verified you are the one who does the disputes. and report inaccurate reporting and more when it comes to this creditor because you think your reporting right and YOU ARE NOT. I will attach the response from them confiming it was sold to a third party Which again i did not give consent to give my information to another third party again violating my rights to privacy!

Company response to consumer: Closed with non-monetary relief