Debt collection -- False statements or representation -- Complaint #18145765

Complaint Overview

Complaint ID: 18145765

Company: Portfolio Recovery Associates, LLC

Product: Debt collection

Sub-Product: Credit card debt

Issue: False statements or representation

Sub-Issue: Attempted to collect wrong amount

State: North Carolina

ZIP Code: 28269

Date Received: 2025-12-04T12:00:00-05:00

Date Sent to Company: 2025-12-04T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Portfolio Recovery Associates is reporting an incorrect balance on my XXXX XXXX collection account ( ending in XXXX ). I recently paid this account down, and my actual balance due is {$84.00}. However, Portfolio increased the reported balance to {$110.00} without any explanation, notice, or legal basis. This is a clear violation of the Fair Credit Reporting Act ( FCRA ) 623 ( a ) ( 1 ) ( A ), which requires furnishers to report accurate information. I have proof of the correct balance directly from Portfolios own payment portal, screenshots attached. I opened a dispute with Equifax, but Portfolio continues to report the incorrect, inflated balance. This inaccurate reporting is harming my credit score and preventing me from obtaining transportation and housing. I am requesting Portfolio recovery associates to Delete the account entirely if they can not verify the correct amount. If this can not be resolved, I will escalate to the Attorney General and pursue legal action for damages caused by inaccurate reporting

Frequently Asked Questions

What is Complaint #18145765 about?

Complaint #18145765 was filed against Portfolio Recovery Associates, LLC regarding Debt collection specifically about False statements or representation. It was received by the CFPB on 2025-12-04T12:00:00-05:00.

How did Portfolio Recovery Associates, LLC 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 (Debt collection) and describe your issue in detail.

Can I see other complaints against Portfolio Recovery Associates, LLC?

Yes, visit the Portfolio Recovery Associates, LLC company profile at readthecomplaint.com/company/portfolio-recovery-associates-llc 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.

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