Consumer complaint received 2025-01-12 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: Velocity Portfolio Group
State: CA

Complaint narrative:
This letter invokes your rights under the Fair Credit Reporting Act ( FCRA ) and emphasizes that reporting inaccurate or unverifiable information is a violation of federal law. 


Subject : Formal Dispute and Request for Immediate Cease of Reporting Under FCRA Dear Velocity Investments LLC, I am writing to dispute the continued reporting of inaccurate and unverifiable information on my credit report, despite my prior communication with the creditor, XXXX XXXX XXXX, On XX/XX/year>, I sent a formal cease-and-desist letter to XXXX  XXXX requesting an end to all forms of communication regarding the account. Continued reporting of this account on my credit report constitutes a form of indirect communication, which I have explicitly requested to cease. 

The account in question is Account Number # XXXX Date of Last Activity/Charge-Off : XX/XX/year> Violations and Applicable FCRA Provisions : XXXX. FCRA Section 623 ( a ) : Furnishers of information are required to ensure the accuracy and integrity of the data they report. Continued reporting of unverifiable or disputed information violates this obligation. 


XXXX. FCRA Section 611 ( a ) : Credit reporting agencies must investigate disputed information promptly and delete or correct inaccuracies if the furnisher can not provide verification. 


XXXX. FCRA Section 611 ( a ) ( 5 ) ( A ) : If an item can not be verified or is found to be inaccurate, it must be removed from the consumer 's credit report immediately. 



Since the creditor has been prohibited from contacting me under my cease-and-desist letter, they are also unable to provide the necessary verification of this account. Therefore, I demand that this account be removed from my credit report immediately to comply with the FCRA. 

Requested Actions : XXXX. Conduct a full investigation into the disputed account. 


XXXX. If the furnisher can not verify the accounts accuracy, remove it entirely from my credit report. 


XXXX. Provide me with a written statement of the results of your investigation and a copy of my updated credit report. 



If the credit reporting agency or the furnisher of information fails to comply with this request, I reserve the right to file complaints with the Consumer Financial Protection Bureau ( CFPB ), the Federal Trade Commission ( FTC ), and my state attorney general. I may also pursue legal action to enforce my rights under the FCRA. 

I have attached the following for your reference : A copy of my cease-and-desist letter to XXXX XXXXXXXX which was sold to XXXX XXXX XXXX and this account have been written off as well. 

A copy of my credit report with the disputed item highlighted I expect your prompt response within XXXX  days, as required by the FCRA. Thank you for your immediate attention to this matter. 

Sincerely, XXXX XXXX

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