Credit reporting or other personal consumer reports -- Problem with a company's investigation into an existing problem -- Complaint #13271645
Complaint Overview
Complaint ID: 13271645
Company: Equifax, INC.
Product: Credit reporting or other personal consumer reports
Sub-Product: Credit reporting
Issue: Problem with a company's investigation into an existing problem
Sub-Issue: Their investigation did not fix an error on your report
State: Georgia
ZIP Code: 30005
Date Received: 2025-04-30T12:00:00-05:00
Date Sent to Company: 2025-04-30T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Tags: Servicemember
Consumer Narrative
Formal Complaint and Criminal Investigation Request Retaliatory Credit Reporting and IRS Violations by XXXX XXXX XXXX -Equifax Report Confirmation : XXXX CFPB Case No. : XXXXDate of Letter from XXXX : XX/XX/XXXX. I am requesting that the CFPB forward this matter to the IRS Criminal Investigation Division and initiate a formal review of XXXX XXXX XXXX ( XXXX ) for potential violations of federal tax law under 26 U.S.C. 6050P and continued retaliation through credit reporting misconduct, in violation of the Fair Credit Reporting Act ( FCRA ). According to the letter I received from XXXX dated XX/XX/XXXX, the company affirms that my account has been charged off with a balance due. Yet, they simultaneously claim that no IRS Form 1099-C was issued because the debt is not considered canceled or forgiven. This position is inconsistent with federal tax code and may constitute willful misrepresentation of the status of the debt for tax and credit reporting purposes. Further, despite this account being closed and charged off in XXXX, XXXX XXXX XXXX continues to update and reinsert the account into my Equifax credit report as of XX/XX/XXXX, without providing certified reinsertion validation or notification. This is a violation of FCRA 1681i ( a ) ( 5 ) ( B ) and may constitute unlawful re-aging of a derogatory tradeline. Under FCRA 1681e ( b ), all information reported must be accurate and not misleading. Reporting a charge-off while maintaining a balance and describing it as Profit and Loss misrepresents the legal and financial status of the account. If the debt was written off, a 1099-C is required. If not, it should not be reported as a charge-off or profit/loss. XXXX can not have it both ways. In light of XXXX conflicting statements, continued updates, and refusal to follow proper procedures after prior disputes, I request that this matter be referred to : The IRS Criminal Investigation Division for willful violation or evasion of IRS 6050P requirements, And that the CFPB conduct a full enforcement review for retaliation, improper credit reporting, and continued FCRA violations. The enclosed letter dated XX/XX/XXXX, from XXXX XXXX XXXX is submitted as new evidence. I respectfully request that CFPB take action, refer this to appropriate regulators, and ensure the permanent deletion of this account from my credit report if XXXX can not legally validate it under current law.
Frequently Asked Questions
What is Complaint #13271645 about?
Complaint #13271645 was filed against Equifax, INC. regarding Credit reporting or other personal consumer reports specifically about Problem with a company's investigation into an existing problem. It was received by the CFPB on 2025-04-30T12:00:00-05:00.
How did Equifax, 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 Equifax, INC.?
Yes, visit the Equifax, INC. company profile at readthecomplaint.com/company/equifax-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.