Credit reporting or other personal consumer reports -- Incorrect information on your report -- Complaint #18089934
Climb Credit Inc. Accused of Reporting Incorrect Account Information
Complaint Overview
Complaint ID: 18089934
Company: Climb Credit INC.
Product: Credit reporting or other personal consumer reports
Sub-Product: Credit reporting
Issue: Incorrect information on your report
Sub-Issue: Account information incorrect
State: Tennessee
ZIP Code: 38358
Date Received: 2025-09-30T12:00:00-05:00
Date Sent to Company: 2025-12-03T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Phone
Risk Assessment
Risk Level: medium
Incorrect information on a credit report can negatively impact a consumer's credit score and their ability to obtain future credit.
Consumer Sentiment: neutral
Topics: Credit reporting, Incorrect information, Account information
AI Analysis
CFPB complaint 18089934 was filed against Climb Credit Inc. regarding Credit reporting or other personal consumer reports (Credit reporting), specifically about "Incorrect information on your report". A consumer in Tennessee reported incorrect account information on their credit report from Climb Credit Inc., which was closed with an explanation. The complaint was received on September 30, 2025 from Tennessee. The company responded with "Closed with explanation".
What You Should Do -- Consumer Action Plan
Consumers should regularly review 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 of information to ensure the accuracy of consumer credit information.
Regulatory Insight
Furnishers of information have a responsibility to investigate disputes regarding the accuracy of information they provide to credit reporting agencies.
Resolution Likelihood
mixed
State-Specific Consumer Protections
Tennessee law may offer additional protections or avenues for recourse regarding credit reporting disputes.
Industry Comparison
Disputes over incorrect account information are common in the credit reporting industry, often involving student loan servicers or other financial institutions.
Related Issues
Frequently Asked Questions
What is CFPB complaint 18089934 about?
CFPB complaint 18089934 involves Credit reporting or other personal consumer reports (Credit reporting). The consumer reported an issue with "Incorrect information on your report", specifically "Account information incorrect". This complaint was filed against Climb Credit Inc. on September 30, 2025.
Which company is complaint 18089934 filed against?
Complaint 18089934 was filed against Climb Credit Inc.. You can view all complaints against this company on their profile page at /company/climb-credit-inc.
What was the company's response to complaint 18089934?
Climb Credit Inc. responded with "Closed with explanation". The response was marked as timely by the CFPB.
When was complaint 18089934 filed?
Complaint 18089934 was received by the CFPB on September 30, 2025. It was sent to Climb Credit Inc. on December 3, 2025.
What state was complaint 18089934 filed from?
Complaint 18089934 was filed from Tennessee. You can view all complaints from this state at /state/TN.
Was the consumer satisfied with the resolution of complaint 18089934?
Dispute information is not available for complaint 18089934.
What product category is complaint 18089934 about?
Complaint 18089934 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 18089934 submitted?
Complaint 18089934 was submitted via Phone. The CFPB accepts complaints through web, phone, mail, email, fax, and referral channels.
What are the consumer's legal options for complaint 18089934?
The Fair Credit Reporting Act (FCRA) requires credit reporting agencies and furnishers of information to ensure the accuracy of consumer credit information. This relates to a Credit reporting or other personal consumer reports complaint against Climb Credit Inc. involving "Incorrect information on your report".
How likely is complaint 18089934 to be resolved?
Resolution likelihood: mixed. 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 18089934?
This complaint is rated as medium risk. Incorrect information on a credit report can negatively impact a consumer's credit score and their ability to obtain future credit.
What regulatory actions apply to complaint 18089934?
Furnishers of information have a responsibility to investigate disputes regarding the accuracy of information they provide to credit reporting agencies. 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 18089934?
Consumers should regularly review 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 18089934?
Tennessee law may offer additional protections or avenues for recourse regarding credit reporting disputes. This complaint was filed from Tennessee.
How does complaint 18089934 compare to industry norms?
Disputes over incorrect account information are common in the credit reporting industry, often involving student loan servicers or other financial institutions.
What steps should a consumer take if they discover incorrect account 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 furnisher of the information (Climb Credit Inc. in this case). They should provide any supporting documentation.
What does 'Closed with explanation' mean in the context of a credit report?
This status typically indicates that an account has been closed, but the explanation provides additional details about the closure, which could be due to various reasons such as a payoff, a settlement, or a default.
Disclaimer
This analysis is AI-generated and does not constitute legal advice.