Consumer complaint received 2025-09-25 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: NCB Management Services Inc.
State: NC

Complaint narrative:
Willful Noncompliance with FCRA, FDCPA, and IRS Code Failure to Correct Inaccurate, Duplicative, and Legally Deficient Credit Reporting I am filing this complaint against XXXX for repeated and willful violations of the Fair Credit Reporting Act ( FCRA ), the Fair Debt Collection Practices Act ( FDCPA ), and IRS Code 6050P. Despite sending XXXX formal dispute letters dated XX/XX/XXXX and XX/XX/XXXX, XXXX  failed to conduct a lawful reinvestigation and continues to report inaccurate, duplicative, and misleading tradelines that have caused me financial and reputational harm. 
Disputed Accounts XXXX. XXXX XXXX XXXX XXXX. 
Partial Account # : XXXX Date Opened : XX/XX/XXXX Status : Closed, {$31000.00} written off as of XX/XX/XXXX Balance : {$0.00} Terms : 72 months Remarks : Purchased by another lender, Paid in full was a charge-off Violation : XXXX  reports this account as charged off in XX/XX/XXXX yet also states it was sold to NCB Management Services in XX/XX/XXXX. Reporting delinquency and charge-off activity after the debt was sold is both factually false and legally impermissible. No IRS Form 1099-C was issued for the charged-off amount, violating IRS Code 6050P. 
XXXX. NCB Management Services Inc . 
Partial Account # : XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX Date Opened : XX/XX/XXXX Status : Collection account, {$10000.00} past due Balance : {$10000.00} Loan Type : Debt Buyer Original Creditor : XXXX XXXX XXXX XXXX. 
Violation : This account is duplicate of the XXXX tradeline, reported with different dates, balances, and status. No validation was provided. No signed contract, itemized statement, or proof of assignment exists. This violates FDCPA 809 ( b ) and FCRA 623 ( a ) ( 2 ).

Violations of Law FCRA Violations 605 ( a ) Reporting adverse information beyond 7 years from the date of first delinquency ( XX/XX/XXXX ), yet XXXX XXXXists the removal date as XX/XX/XXXX, which is inconsistent and potentially unlawful. 
611 ( a ) Failure to conduct a reasonable reinvestigation within 30 days of receiving disputes.

623 ( a ) ( 5 ) Failure to accurately report the date of first delinquency, which affects the legal duration of reporting.

623 ( a ) ( 2 ) Furnishing incomplete or inaccurate information.

607 ( b ) Failure to maintain reasonable procedures to ensure maximum possible accuracy.

FDCPA Violations 807 ( 8 ) Misrepresentation of the legal status of a debt through duplicative reporting.

809 ( b ) Failure to validate the debt upon request.

IRS Code Violation 6050P Failure to issue IRS Form 1099-C for canceled or discharged debt exceeding {$600.00}.

Dodd-Frank Act Violation 12 U.S.C. 5531 Unfair, deceptive, or abusive acts or practices ( UDAAP ) in furnishing and verifying tradelines. 
Supporting Legal Precedents XXXX XXXX XXXX XXXXXXXX A class action filed in the XXXXXXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX resulted in a {$23.00} XXXX settlement afteXXXX XXXX failed to properly investigate consumer disputes and remove erroneous data. 
XXXX XXXX XXXX XXXX Settled for {$2.00} XXXX after XXXX was found to have furnished consumer report data to third parties without a lawful purpose. 
These cases demonstrate a pattern of systemic noncompliance with FCRA obligations and reinforce the need for regulatory enforcement. 
Harm Suffered Denial of multiple loan applications Significant damage to credit score and increased borrowing costs Emotional distress, financial loss, and reputational harm Requested Resolution Immediate deletion of both tradelines from my XXXX credit report Written confirmation of deletion and correction Notification to XXXX XXXX XXXX  to ensure deletion across all credit bureaus Full documentation used to verify the accounts Explanation for failure to issue IRS Form 1099-C Regulatory enforcement for XXXX XXXXated violations of federal law

Company response to consumer: Closed with explanation