Consumer complaint received 2025-07-16 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Problem with a company's investigation into an existing problem — Their investigation did not fix an error on your report
Company: EQUIFAX, INC.
State: NY

Complaint narrative:
TO : Consumer Financial Protection Bureau ( CFPB ) Federal Trade Commission ( FTC ) FROM : XXXX XXXX XXXX XXXX XXXX XXXX XXXX NY XXXX XXXX XXXX RE : Formal Complaint : Unlawful Credit Reporting Request for Immediate Enforcement Action DATE : XX/XX/XXXX I. SUMMARY OF COMPLAINT I am filing this formal complaint against the following parties : Experian, TransUnion, and Equifax ( Credit Reporting Agencies ) XXXX XXXX XXXX XXXX and XXXX XXXX  ( Data Furnishers/Creditors ) XXXX XXXX  XXXX ( Loan Applicant XXXX ) I was denied a business loan by XXXX XXXX XXXX XXXXXXXX ( Application # XXXX ), citing derogatory credit entries reported by the above credit bureaus. These entries are directly tied to XXXX and XXXX and are unlawful, unverified, and legally disputed. 
II. FACTUAL BACKGROUND I submitted lawful affidavits and demands for verification of debt under my rights guaranteed by federal law. These requests included : Debt validation per 15 U.S. Code 1692g ( FDCPA ) Proof of ownership and chain of assignment Proof of license to collect in my jurisdiction Verification of original signed contracts No response was provided within the statutorily required period. Under 15 U.S. Code 1692g ( b ), failure to validate the debt renders it unenforceable and must be removed from reporting.

The continued publication of these unverified derogatory items violates : 15 U.S. Code 1681i ( FCRA ) Failure to conduct a reasonable reinvestigation upon dispute 15 U.S. Code 1681s-2 ( b ) Duty of data furnishers to investigate and correct inaccuracies 15 U.S. Code 1601 et seq. ( TILA ) Transparent and truthful disclosure obligations UCC 3-501 Right to demand presentation and dishonor of commercial instruments 42 U.S. Code 1983 Deprivation of rights under color of law U.S. Constitution 5th & 14th Amendments Due process and equal protection under the law III. VIOLATIONS & DAMAGES By continuing to report and use these unlawful entries, the credit bureaus and furnishers have committed willful and negligent violations of federal and commercial law, including but not limited to : Publishing and profiting from false and defamatory credit data Ignoring lawful debt validation requests Blocking access to fair and equal lending opportunities Violating due process and fundamental consumer protections IV. FORMAL DEMAND FOR RELIEF As a result of these unlawful acts, I formally demand the following : Immediate removal ( within XXXX business days ) of all negative or derogatory entries referencing : XXXX XXXX XXXX  XXXX XXXX XXXX That Experian, Equifax, and TransUnion update my credit files to reflect the removal and provide written confirmation of these corrections. 
That the CFPB and FTC initiate an investigation into these entities for repeated violations of federal law and issue corrective and punitive actions where warranted. 
NOTICE OF CONDITIONAL ACCEPTANCE & ESTOPPEL If the aforementioned items are not lawfully removed and corrected within 5 business days, this letter shall serve as a conditional agreement by all parties to : Pay {>= $1,000,000} ( XXXX XXXX Dollars ) per violation as liquidated damages Cover all legal costs, attorneys fees, and court filing fees for enforcement This letter is a lawful notice, not a request. Failure to rebut or respond will constitute a binding agreement under principles of estoppel by acquiescence and contract law. 
XXXX ENCLOSURES Copy of Loan Denial from XXXX XXXX, XXXX Copies of Affidavits and Validation Requests ( previously sent to furnishers ) Copies of Credit Reports reflecting disputed entries Respectfully, XXXX XXXX XXXX

Company response to consumer: Closed with non-monetary relief