Credit reporting or other personal consumer reports -- Improper use of your report -- Complaint #7985388
Complaint Overview
Complaint ID: 7985388
Company: Veros Credit, LLC
Product: Credit reporting or other personal consumer reports
Sub-Product: Credit reporting
Issue: Improper use of your report
Sub-Issue: Reporting company used your report improperly
State: Texas
ZIP Code: 75287
Date Received: 2023-12-11T12:00:00-05:00
Date Sent to Company: 2023-12-11T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
The Veros Credit LLC account is charged off and a charge off is a certificate of indebtedness and is considered income and income can not be reported to a consumer report per the law. Im opting out. Letter attached. Certificate Of Indebtedness : ( a ) The Secretary of the Treasury may borrow on the credit of the United States Government amounts necessary for expenditures authorized by law and may buy, redeem, and make refunds under section XXXX of this title. For amounts borrowed, the XXXX XXXX issue ( XXXX ) certificates of indebtedness of the Government; and ( XXXX XXXX Treasury bills of the Government. ( b ) The XXXX XXXX prescribe conditions for issuing certificates of indebtedness and Treasury bills under section XXXX of this title and conditions under which the certificates and bills XXXX be redeemed before maturity. Notwithstanding section XXXX ( a ) ( XXXX ) of this title, the payment date of certificates of indebtedness and Treasury bills may not be more than one year after the date of issue. ( c ) Treasury bills issued under this section may not be accepted before maturity to pay principal or interest on obligations of governments of foreign countries that are held by the United States Government. Privacy Act Of 1974 : No agency shall disclose any record which is contained in a system of records by any means of communication to any person, or to another agency, except pursuant to a written request by, or with the prior written consent of, the individual to whom the record pertains [ subject to XXXX exceptions ]. XXXX XXXX. XXXX ( b ).
Frequently Asked Questions
What is Complaint #7985388 about?
Complaint #7985388 was filed against Veros Credit, LLC regarding Credit reporting or other personal consumer reports specifically about Improper use of your report. It was received by the CFPB on 2023-12-11T12:00:00-05:00.
How did Veros Credit, 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 (Credit reporting or other personal consumer reports) and describe your issue in detail.
Can I see other complaints against Veros Credit, LLC?
Yes, visit the Veros Credit, LLC company profile at readthecomplaint.com/company/veros-credit-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.