Consumer complaint received 2024-03-08 00:00:00
Product: Vehicle loan or lease — Lease
Issue: Repossession — Loan balance remaining after the vehicle is repossessed and sold
Company: Experian Information Solutions Inc.
State: MA

Complaint narrative:
to whom it May concern ; I want to inform you that on the XXXX of month XXXX of XXXX I went to the XXXX XXXX XXXX XXXX dealer with the intention of buying a XXXX XXXX XXXX. After filling out the credit application to make the credit extension on my behalf, the credit that was successfully transferred, the intermediary to make this transaction, the credit holder on my behalf was XXXX XXXX XXXX XXXX XXXX DbA XXXX XXXX XXXX XXXX XXXX ( XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  ) ). perform any of the following activities : solicit, offer, organize, assist a consumer in obtaining or requesting to obtain, negotiate or obtain or make an extension of consumer credit for another person ;. Do not apply to make a loan, do not apply to make a lease and it is evident since the credit application that you completed was used to stop the vehicle in its entirety. Application XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  ) means the submission of a consumer 's financial information for the purposes of obtaining an extension of credit. After this process that I was never aware of because there was no disclosure of said process, they presented me with a leasing contract, a contract that made the personal property that was the product of the credit transaction in my name passed into the hands of XXXX XXXX. I want to object and sue for this credit transaction because according to the Truth In Lending Act it was not a fair transaction since I was never notified that said transaction in my name paid in full the vehicle that is personal property which they acquired based on a presumptive contract and concealing the veracity of the facts they seized from the property that is for personal, family and domestic use ( XXXX ) XXXX credit means credit offered or extended to a consumer primarily for personal, family, or household purposes. At no time did the bank or the dealer notify me that the credit transaction was for the full amount of the cost of the property, hiding the facts. XXXX XXXX XXXX ( i ) The adjective consumer, used with reference to a credit transaction, characterizes the transaction as XXXX in which the party to whom credit is offered or extended is a natural person, and the money, property, or services which are the subject of the transaction are primarily for personal, family, or household purposes. I am the consumer XXXX XXXX XXXX ( XXXX ) XXXX ) Consumer The term consumer means an individual who obtains, from a financial institution, financial products or services which are to be used primarily for personal, family, or household purposes, and also means the legal representative of such an individual. XXXX XXXX XXXX ( XXXX ) I am the natural person. It was omitted at all times that my personal property that arose from said transaction was paid in full and it was made me see that I applied for a lease when I filled out a credit application, not lease, since such application does not exist but in the products that the bank, the financial institution sells as a product. ( XXXX ) Financial institution ( A ) In general The term financial institution means any institution the business of which is engaging in financial activities as described in section XXXX ( k ) of title XXXX. I sue them because they made me sign a presumptive contract, with a deceptive arbitration clause and said contract did not It shows the credit transaction in my name, it does not show cost in dollars of what the credit taken in my name cost in dollars. XXXX XXXX XXXX ( a ) ( XXXX ) Truth In Lending Disclorures. I have the right to see the division of said credit transaction. Regulation Z, XXXX XXXX The vehicle was sold and they still continue to report it on my credit report when they already collected the full amount and are making a false representation of an alleged debt that does not exist. Also the amounts in the different credit agencies are different, some say they finance XXXX amount and the other says another. that's fraud. 
XXXX XXXX XXXX Account XXXX XXXX Account type Auto Lease Responsibility Individual Date opened XX/XX/XXXX Status Account charged off. {$35.00}, XXXX written off. 
Status updated XX/XX/XXXX XXXX {$9200.00} Balance updated XX/XX/XXXX Recent payment. 
They are reporting inaccurate information

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