Credit reporting or other personal consumer reports -- Improper use of your report -- Complaint #12025731
Complaint Overview
Complaint ID: 12025731
Company: Cbc Companies, INC.
Product: Credit reporting or other personal consumer reports
Sub-Product: Credit reporting
Issue: Improper use of your report
Sub-Issue: Reporting company used your report improperly
State: New York
ZIP Code: 122XX
Date Received: 2025-02-10T12:00:00-05:00
Date Sent to Company: 2025-02-10T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
Subject : Formal Dispute of XXXX and XXXX XXXX, Innovis have been reporting fraudulent and inaccurate information on my consumer report. Not only are they reporting inconsistent and incorrect late payments, but they are also reporting data that should not legally be included in my file under federal law. This fluctuation in reported late payments is factually incorrect and a clear violation of the Fair Credit Reporting Act ( XXXX ) XXXX XXXX. XXXX ( a ) ( XXXX ) ( A ), which explicitly states that furnishers must report accurate information and must not report information they know to be erroneous. Legal Basis for My Dispute : XXXX XXXX. XXXX - Definition of a Consumer Report Nowhere in this statute does it state that late payments should be included in a consumer report. Late payments are transactional experiences between a consumer and a lender and are not legally reportable events under this definition. XXXX XXXX. XXXX - Responsibilities of XXXX XXXX This XXXX makes it illegal to report information that is knowingly inaccurate. Your inconsistent reporting proves that the information being furnished is unreliable, making it a clear FCRA violation. XXXX XXXX. XXXX ( XXXX ) ( A ) ( i ) - Exclusion of Transactional Information This law explicitly states that consumer reports should not include transactional data or experiences between a consumer and a lender. Late payments fall under this category and, therefore, should not be reported at all. Requested Action : Immediately remove the inaccurate late payment entries from my consumer report. XXXX a full investigation and provide proof of the accuracy of the reported information or delete it entirely. Confirm in writing that these corrections have been made within 30 days, as required by XXXX law.
Frequently Asked Questions
What is Complaint #12025731 about?
Complaint #12025731 was filed against Cbc Companies, INC. regarding Credit reporting or other personal consumer reports specifically about Improper use of your report. It was received by the CFPB on 2025-02-10T12:00:00-05:00.
How did Cbc Companies, INC. respond to this complaint?
The company responded with: "Closed with explanation". 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 Cbc Companies, INC.?
Yes, visit the Cbc Companies, INC. company profile at readthecomplaint.com/company/cbc-companies-inc 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.