Credit reporting or other personal consumer reports -- Incorrect information on your report -- Complaint #10988495
Complaint Overview
Complaint ID: 10988495
Company: Harris & Harris, Ltd.
Product: Credit reporting or other personal consumer reports
Sub-Product: Credit reporting
Issue: Incorrect information on your report
Sub-Issue: Account status incorrect
State: Texas
ZIP Code: 77088
Date Received: 2024-12-01T12:00:00-05:00
Date Sent to Company: 2024-12-01T12:00:00-05:00
Company Response: Closed with non-monetary relief
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Tags: Servicemember
Consumer Narrative
Re : Formal Complaint Regarding Violation of FCRA and Improper Reporting of Paid Collection To Whom It May Concern, I am writing to file a formal complaint under the Fair Credit Reporting Act ( FCRA ) regarding the inaccurate and improper reporting of a paid collection on my credit report. First of all it should never have been reported as a collection, I switched service addresses with XXXX and instead of transferring services they created a whole new account instead of doing it properly. Despite paying this account in full, the creditor and the credit reporting agencies continue to inaccurately report it as unpaid or unresolved. This failure to update and verify accurate information is a clear violation of FCRA regulations, particularly 611 ( a ) and 623 ( a ) ( 1 ) ( A ). Under the FCRA, furnishers and credit reporting agencies are required to ensure the maximum possible accuracy of consumer credit reports. The continued reporting of this paid collection account demonstrates blatant noncompliance with these standards. Additionally, I suspect that the XXXX system, which automates dispute processing, has failed to adequately investigate my dispute, violating my rights as a consumer. Specific Issues : 1. Violation of 611 ( a ) : The credit reporting agencies failed to perform a reasonable reinvestigation of the dispute I submitted regarding this account. 2. Violation of 623 ( a ) ( 1 ) ( A ) : The data furnisher failed to report accurate information after being notified of the error. 3. Improper Use of XXXX Codes : The use of inadequate XXXX codes likely resulted in an automated and insufficient dispute resolution process, failing to address my specific concerns. Requested Action : I demand the immediate removal of this collection account from my credit report as it has been paid in full and should no longer be reported as derogatory. Failure to correct this matter will leave me with no choice but to escalate this issue, including filing a formal complaint with the Federal Trade Commission ( FTC ), exploring legal action, and seeking statutory damages for willful noncompliance under 616 of the FCRA. Attached, please find copies of the following : 1. Proof of payment for the collection account. 2. A copy of my credit report highlighting the inaccurate entry. I expect your acknowledgment of this complaint and resolution of the matter within 15 days, as outlined in the FCRAs procedural timeline. Sincerely, XXXX XXXX Enclosures : Proof of Payment, Credit Report Highlights
Frequently Asked Questions
What is Complaint #10988495 about?
Complaint #10988495 was filed against Harris & Harris, Ltd. regarding Credit reporting or other personal consumer reports specifically about Incorrect information on your report. It was received by the CFPB on 2024-12-01T12:00:00-05:00.
How did Harris & Harris, Ltd. respond to this complaint?
The company responded with: "Closed with non-monetary relief". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Credit reporting or other personal consumer reports) and describe your issue in detail.
Can I see other complaints against Harris & Harris, Ltd.?
Yes, visit the Harris & Harris, Ltd. company profile at readthecomplaint.com/company/harris-harris-ltd to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.