Consumer complaint received 2024-12-24 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: Affirm Holdings, Inc
State: MI

Complaint narrative:
Thank you for the correspondence provided in reference of the Accounts by the company named ; Affirm I would like to advise that there are several details provided within several disputes that were not and have not been addressed. Your company has falsified and furnished inaccuracy to the credit reporting agency, XXXX on the credit report, re-opening the previously closed charged- off account in XXXX of XXXX, without my consent and then reporting more inaccuracy to XXXX advising the account was closed and charged off again in XX/XX/XXXX, causing the credit score to decrease. Your company has verified my personal information through previous forms of contact by phone. Now that, that has been addressed Company name ; Affirm can properly address this dispute in a proficient and truthful manner. I am requesting the original Promissory note with my signature. Company name ; Affirm has advised that the debt has been sold and charged off at XXXX point of time. AS of XX/XX/XXXX the IRS issued the Revenue Procedure XXXX to modify automatic Revenue Procedure XXXX related to XX/XX/XXXX Notice of Proposed Rule-making. This new guidance addressed that it allows regulated financial companies such as company name ; Affirm to change their accounting methods to the allowance Charge-OFF Method. According to the proposed rules in XXXX of XXXX provided a method to determine when a debt instrument is worthless, partially or entirely, for purposes of bad debt deductions. Please provide records of the proposed tax and book entries in which company name ; Affirm/ XXXX XXXX XXXX  has maintained in your records of this account. I am aware under the Allowance Charge- OFF Method that a taxpayer may claim a deduction to the extent a debt is charged- OFF from the Allowance For Credit Losses XXXX XXXX XXXX under Company name ; Affirm GAAP ( generally accepted accounting principles ), Financial Statements/ or the statements of statutory accounting principles ( SSAP ). I ask that this information is provided to me to properly access this account for accuracy of what Company name ; AffirmXXXX XXXX XXXX XXXX  is reporting to the IRS and for my Book-keeping purposes. I am aware that proper reporting of a charge off must align with XXXX for tax deduction purposes. If in this discovery you can not provide this information of how this account is being reported, as suggested by the IRS, Company name ; Affirm and XXXX XXXX XXXX  will be reported for Tax fraud, extortion and money laundering. If a Reserve has been set aside for this account and Company name ; Affirm and XXXX XXXX XXXX  is and has been illegally attempting to collect, Company name ; Affirm and XXXX XXXX XXXX  will be reported for this as well. I would like to advise I have not received a copy of any documentation as proof that this account has been charged off, not tax information that should have been provided as proof of the write-OFF, no information of who this debt has been sold too. I ask that everything specified in this dispute is carefully acknowledged, I ask everything as requested in this dispute is addressed. Account ID number ; XXXX, Account ID number ; XXXX, as provided by company name ; XXXX XXXX XXXX XXXX  XXXX

Company response to consumer: Closed with explanation