Consumer complaint received 2024-07-09 00:00:00
Product: Credit card — Store credit card
Issue: Other features, terms, or problems — Privacy issues
Company: Bread Financial Holdings, Inc.
State: NJ

Complaint narrative:
XXXX XXXX XXXX XXXX XXXX XXXX NJ XXXX XXXX Account # XXXX XXXX XXXX XXXX BREAD FINANCIAL HOLDINGS, XXXX XXXXXXXX XXXX XXXX XXXXXXXX OH XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX TX XXXX XXXX XXXX GA XXXX XXXX, PA XXXX Date : XX/XX/XXXX Per the Federal Credit Reporting Act as a federally protected consumer , per 15 USC 6802 XXXX XXXX am now OPTING OUT of ANY AND ALL Authorization I, the consumer may have given to BREAD FINANCIAL HOLDINGS, INC written, unwritten, verbal or non-verbal to report my nonpublic personal information. 

BREAD FINANCIAL HOLDINGS, INC violates the Privacy Act of 1974 as well as 12 CFR 1022.24 Reasonable opportunity to opt-out because I was never notified by BREAD FINANCIAL HOLDINGS , INC that my nonpublic personal information was going to be shared with non-affiliated third parties such as XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  I was NEVER GIVEN THE CHANCE TO OPT OUT. Also, 15 USC 6508 states that I have the option to opt out of any account reported to my credit report and I am supposed to receive an opt-out notice every thirty ( 30 ) days which BREAD FINANCIAL HOLDINGS , INC never sent to me. I am exercising my rights under 16 CFR 313.7 Form of opt-out notice to consumers. 

BREAD FINANCIAL HOLDINGS, INC violated the terms and conditions within their banking agreement, because BREAD FINANCIAL HOLDINGS, INC states that they do not provide consumer information to third parties which they violated by reporting my nonpublic personal information to the credit reporting agencies listed above. According to 15 USC 6802 B ) I am supposed to receive THREE disclosures before my nonpublic personal information is shared but I never received notice. BREAD FINANCIAL HOLDINGS, INC ALSO unlawfully sold this debt to a third party AFTER the debt had already been tendered in accordance with UCC 3-603 et al. I have never had a contract or agreement with any third parties and I do NOT consent to them reporting any account to my credit report. I am invoking all rights under OPT OUT and to Privacy protected by 15 USC 6802 B, 12 CFR 1022.24, 15 USC 6508, 16 CFR 313.7, the Privacy Act of 1974 et al. Please see 15 USC 6802 B ) OPT OUT below. A financial institution may not disclose nonpublic personal information to a nonaffiliated third party unless ( A ) such financial institution clearly and conspicuously discloses to the consumer, in writing or in electronic form or other form permitted by the regulations prescribed under section 6804 of this title, that such information may be disclosed to such third party ; ( B ) the consumer is given the opportunity, before the time that such information is initially disclosed, to direct that such information not be disclosed to such third party ; and ( C ) the consumer is given an explanation of how the consumer can exercise that nondisclosure option. Finally, BREAD FINANCIAL HOLDINGS, INC is in clear violation of 15 USC 45 - Unfair methods of competition for their failure to update the records after receiving tender of the full balance of the debt in accordance with the Electronic Funds Transfer Act as well as their acts of securities fraud and Tax evasion which I intend to report XXXX XXXX XXXX XXXX XXXX  via IRS form 3949A. To conclude, the above-listed credit reporting agencies are in violation of 15 USC 1681 sec 604a section 2, because it states that a Consumer reporting agency can not furnish an account w/o my written instruction. I did NOT give consent nor written instruction to XXXX XXXX XXXX XXXX to report the BREAD FINANCIAL HOLDINGS, INC account XXXX XXXX XXXX XXXX and supporting nonpublic personal information such as the transaction history and balance. Also, The credit reporting agencies are in violation of 15 USC 1681 sec 604a section 2, because it states that a Consumer reporting agency can not furnish an account w/o my written instruction. I did NOT give consent nor written instruction to any credit agency to report my nonpublic personal information. 

Sincerely,

Company response to consumer: Closed with non-monetary relief