Credit reporting or other personal consumer reports -- Incorrect information on your report -- Complaint #14075997
Complaint Overview
Complaint ID: 14075997
Company: Transunion Intermediate Holdings, INC.
Product: Credit reporting or other personal consumer reports
Sub-Product: Credit reporting
Issue: Incorrect information on your report
Sub-Issue: Information belongs to someone else
State: Texas
ZIP Code: 77493
Date Received: 2025-06-13T12:00:00-05:00
Date Sent to Company: 2025-06-13T12:00:00-05:00
Company Response: Closed with non-monetary relief
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I am formally disputing the inaccurate and incorrect information that XXXX XXXX XXXX also known as XXXX XXXX has furnished to consumer reporting agencies regarding my account. Your reporting of this account has caused severe harm to my reputation, financial standing, and overall ability to obtain credit for personal and household purposes. As such, you are in direct violation of federal law. Legal Violations Regarding Inaccurate Reporting Under 15 U.S. Code 1681s-2 - Responsibilities of Furnishers of Information to Consumer Reporting Agencies, you are prohibited from reporting inaccurate information. Specifically : 15 U.S. Code 1681s-2 ( a ) ( 1 ) ( A ) : A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate. By continuing to report this account inaccurately, you are knowingly violating the law and are subject to enforcement actions. IRS Classification of Charge-Offs and Its Impact on Credit Reporting The IRS explicitly classifies a charge-off as canceled debt, which is considered gross income for the borrower. According to IRS Publication 4681 : " A canceled debt must be reported as gross income, and the creditor is required to issue a Form 1099-C for any canceled debt over {$600.00}. '' Since a charge-off is legally classified as income, it is inaccurate and unlawful to continue reporting this account as an outstanding liability or unpaid debt on my credit report. This misclassification of a charge-off as a still-due debt constitutes false and misleading reporting, and as such, the account must be removed from my credit file immediately. Unlawful Double Compensation and Potential Fraud Furthermore, your institution has likely collected : 1. Insurance payouts built into the finance charge, which protect lenders against borrower default ( per the Truth in Lending Act, 15 U.S.C. 1605 ( a ) ). 2. Tax deductions from the IRS for the charged-off amount, as charge-offs are written off as losses. 3. Payment from third-party debt buyers, who likely purchased the account for collection. If XXXX XXXX XXXX has received multiple forms of compensation ( insurance payout, tax benefits, and debt sale proceeds ) while continuing to report this account negatively on my credit report, this may constitute insurance fraud, tax fraud, and unfair debt collection practices all of which will be included in my formal complaints.
Frequently Asked Questions
What is Complaint #14075997 about?
Complaint #14075997 was filed against Transunion Intermediate Holdings, INC. regarding Credit reporting or other personal consumer reports specifically about Incorrect information on your report. It was received by the CFPB on 2025-06-13T12:00:00-05:00.
How did Transunion Intermediate Holdings, INC. 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 Transunion Intermediate Holdings, INC.?
Yes, visit the Transunion Intermediate Holdings, INC. company profile at readthecomplaint.com/company/transunion-intermediate-holdings-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.