Credit reporting or other personal consumer reports -- Incorrect information on your report -- Complaint #17950562
Incorrect Account Status on Credit Report
Complaint Overview
Complaint ID: 17950562
Company: Fc Holdco LLC
Product: Credit reporting or other personal consumer reports
Sub-Product: Credit reporting
Issue: Incorrect information on your report
Sub-Issue: Account status incorrect
State: Alabama
ZIP Code: 35405
Date Received: 2025-10-31T12:00:00-05:00
Date Sent to Company: 2025-12-11T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Risk Assessment
Risk Level: low
The risk is low as this appears to be a single instance of incorrect information that has been closed with an explanation.
Consumer Sentiment: neutral
Topics: Credit reporting, Incorrect information, Account status
AI Analysis
CFPB complaint 17950562 was filed against FC HoldCo LLC regarding Credit reporting or other personal consumer reports (Credit reporting), specifically about "Incorrect information on your report". A consumer in Alabama reported incorrect account status information on their credit report to FC HoldCo LLC. The complaint was received on October 31, 2025 from Alabama. The company responded with "Closed with explanation".
What You Should Do -- Consumer Action Plan
Consumers should regularly check their credit reports for accuracy and dispute any errors with the credit reporting agency and the furnisher of the information.
Legal Context & Consumer Protection Laws
The Fair Credit Reporting Act (FCRA) requires credit reporting agencies and furnishers to ensure the accuracy of information in consumer reports.
Regulatory Insight
This case highlights the importance of accurate reporting of account status by financial institutions to prevent consumer harm.
Resolution Likelihood
unlikely
State-Specific Consumer Protections
In Alabama, consumers have rights under the FCRA to dispute inaccurate information on their credit reports.
Industry Comparison
Credit reporting disputes are common, with incorrect account status being a frequent issue.
Related Issues
Frequently Asked Questions
What is CFPB complaint 17950562 about?
CFPB complaint 17950562 involves Credit reporting or other personal consumer reports (Credit reporting). The consumer reported an issue with "Incorrect information on your report", specifically "Account status incorrect". This complaint was filed against FC HoldCo LLC on October 31, 2025.
Which company is complaint 17950562 filed against?
Complaint 17950562 was filed against FC HoldCo LLC. You can view all complaints against this company on their profile page at /company/fc-holdco-llc.
What was the company's response to complaint 17950562?
FC HoldCo LLC responded with "Closed with explanation". The response was marked as timely by the CFPB.
When was complaint 17950562 filed?
Complaint 17950562 was received by the CFPB on October 31, 2025. It was sent to FC HoldCo LLC on December 11, 2025.
What state was complaint 17950562 filed from?
Complaint 17950562 was filed from Alabama. You can view all complaints from this state at /state/AL.
Was the consumer satisfied with the resolution of complaint 17950562?
Dispute information is not available for complaint 17950562.
What product category is complaint 17950562 about?
Complaint 17950562 is categorized under "Credit reporting or other personal consumer reports", specifically "Credit reporting". This is one of the product categories tracked by the CFPB.
How was complaint 17950562 submitted?
Complaint 17950562 was submitted via Web. The CFPB accepts complaints through web, phone, mail, email, fax, and referral channels.
What are the consumer's legal options for complaint 17950562?
The Fair Credit Reporting Act (FCRA) requires credit reporting agencies and furnishers to ensure the accuracy of information in consumer reports. This relates to a Credit reporting or other personal consumer reports complaint against FC HoldCo LLC involving "Incorrect information on your report".
How likely is complaint 17950562 to be resolved?
Resolution likelihood: unlikely. The company's current response is "Closed with explanation". The company did respond in a timely manner, which is a positive indicator.
What does the risk level mean for complaint 17950562?
This complaint is rated as low risk. The risk is low as this appears to be a single instance of incorrect information that has been closed with an explanation.
What regulatory actions apply to complaint 17950562?
This case highlights the importance of accurate reporting of account status by financial institutions to prevent consumer harm. The CFPB tracks complaints like this one to identify patterns of misconduct across the Credit reporting or other personal consumer reports industry.
What should the consumer do about complaint 17950562?
Consumers should regularly check their credit reports for accuracy and dispute any errors with the credit reporting agency and the furnisher of the information.
Are there state-specific protections for complaint 17950562?
In Alabama, consumers have rights under the FCRA to dispute inaccurate information on their credit reports. This complaint was filed from Alabama.
How does complaint 17950562 compare to industry norms?
Credit reporting disputes are common, with incorrect account status being a frequent issue.
What steps should a consumer take if they find incorrect account status information on their credit report?
The consumer should first dispute the information directly with the credit reporting agency (e.g., Equifax, Experian, TransUnion) and also with the company that provided the information (the furnisher, in this case, FC HoldCo LLC).
Disclaimer
This analysis is AI-generated and does not constitute legal advice.