Credit reporting, credit repair services, or other personal consumer reports -- Problem with a credit reporting company's investigation into an existing problem -- Complaint #6673678
Complaint Overview
Complaint ID: 6673678
Company: P&B Capital Group, LLC
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-Product: Credit reporting
Issue: Problem with a credit reporting company's investigation into an existing problem
Sub-Issue: Their investigation did not fix an error on your report
State: Missouri
ZIP Code: 64133
Date Received: 2023-03-09T12:00:00-05:00
Date Sent to Company: 2023-03-09T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: No
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
To whom it may concern, I am writing in regard to a collection account that has been reported on my credit report. The account in question is with P & B Capital LLC ( third-party agency ) is being reported as past due and open. However, I believe that this information is inaccurate and should be immediately deleted from my credit report. I have reviewed my records and have found that I am not responsible for the debt I am being accused of. Therefore, the current status of the account is not accurate and is causing harm to my credit score and ability to obtain credit. I am requesting that the inaccurate information regarding this collection account be immediately deleted from my credit report. I am also requesting that you provide me with a written confirmation that the account has been deleted and is no longer being reported to other credit reporting agencies. Under the Fair Credit Reporting Act ( FCRA ), collection agencies are required to report accurate and up-to-date information to credit reporting agencies ( CRAs ). If a collection agency reports inaccurate information, such as reporting a collection debt as open and past due when it has actually been paid or settled, they may be in violation of the FCRA. Specifically, section 623 ( a ) ( 1 ) ( A ) of the FCRA requires that furnishers of information to CRAs, such as collection agencies, must provide information that is " complete and accurate. '' This includes reporting the correct account status and balance information. Additionally, section 623 ( a ) ( 2 ) of the FCRA requires that furnishers of information, including collection agencies, investigate disputes that are submitted to them by CRAs and correct any inaccurate information. I understand that the Fair Credit Reporting Act requires that you investigate disputes within 30 days of receipt and correct any inaccurate information. I would appreciate your prompt attention to this matter, as it is causing me undue stress and financial harm. Thank you for your attention to this matter. I look forward to your prompt response. Sincerely, XXXX XXXX [ Your Name ]
Frequently Asked Questions
What is Complaint #6673678 about?
Complaint #6673678 was filed against P&B Capital Group, LLC regarding Credit reporting, credit repair services, or other personal consumer reports specifically about Problem with a credit reporting company's investigation into an existing problem. It was received by the CFPB on 2023-03-09T12:00:00-05:00.
How did P&B Capital Group, LLC respond to this complaint?
The company responded with: "Closed with explanation". The response was not 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, credit repair services, or other personal consumer reports) and describe your issue in detail.
Can I see other complaints against P&B Capital Group, LLC?
Yes, visit the P&B Capital Group, LLC company profile at readthecomplaint.com/company/p-b-capital-group-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.