TRANSWORLD SYSTEMS INC


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"Products" offered by TRANSWORLD SYSTEMS INC with at least one, but usually more complaints:

Bank account or service - Checking account
Checking or savings account - Checking account
Consumer Loan - Installment loan
Consumer Loan - Vehicle loan
Credit card -
Credit card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - Store credit card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting or other personal consumer reports - Other personal consumer report
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Auto
Debt collection - Auto debt
Debt collection - Credit card
Debt collection - Credit card debt
Debt collection - Federal student loan
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Medical
Debt collection - Medical debt
Debt collection - Mortgage
Debt collection - Mortgage debt
Debt collection - Non-federal student loan
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Payday loan
Debt collection - Payday loan debt
Debt collection - Private student loan debt
Debt collection - Rental debt
Debt collection - Telecommunications debt
Debt or credit management - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Mortgage - Conventional home mortgage
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Other mortgage
Mortgage - Other type of mortgage
Other financial service - Credit repair
Payday loan -
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Payday loan
Payday loan, title loan, or personal loan - Personal line of credit
Student loan - Federal student loan servicing
Student loan - Non-federal student loan
Student loan - Private student loan
Vehicle loan or lease - Lease
Vehicle loan or lease - Loan

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Complaint ID: 8177123

Date Received: 2024-01-18

Issue: Attempts to collect debt not owed

Subissue: Debt was result of identity theft

Consumer Complaint: Last year in XXXX I noticed some irregular charges that looked like my life insurance policy but were not. Upon further investigation we were able to identify that someone was siphoning money from my checking account using a XXXX. We were not able to recover more than two months of charges and the case has hit a road block. We were able to track the number back to a company that provides credit processing and it kind of ended there. In XXXX of XXXX began getting calls from XXXX XXXX. They stated I owed money on account related to properties. I denied these charges and told them these were not my accounts and I had no knowledge of them. On XX/XX/XXXX, my XXXX XXXX XXXX began sending me alarms that there were major effects on my credit score. I was in XXXX at the time so I was not able to do much. On XX/XX/XXXX, I was able to start freezing my accounts and reporting the fraud to the credit bureaus, the two power companies and XXXX XXXX. I was able to speak with a rep at reliant energy and was able to find out that 14 utility accounts were started with my personal information. XXXX of those accounts have already been sent to collections. I was able to contact XXXX XXXX and they identified XXXX accounts in collections. Both of these power companies only service TX. I have been able to identify three property addresses where my information was used fraudulently. This information was sent to the police department and will be attached to the police report. Today I was called again by XXXX XXXX to report another account that was sent to collections. This one was from XXXX XXXX for over $ XXXX. This makes a total of 4 accounts with XXXX XXXX and XXXX accounts with XXXX XXXX. All of which will end up in collections effecting my credit score. My score in the last 2 weeks has dropped over XXXX points and getting worse as more collections are sent in. Last week we received a letter from XXXX XXXX our mortgage company that they identified a data leak in XXXX of last year. They letter takes no responsibilty and offers no help outside of contacting the credit companies. This is effecting my credit score, has potentially stolen thousands of dollars from my personal bank accounts and has racked up over XXXX hours of working time on this since XX/XX/XXXX. I am not sure what to do here but I am wondering if we have any legal right to sue XXXX XXXX for their inability to protect my information and the damages it has caused, further the complete lack of support from and issue they knew about back in XXXX of XXXX. Today I got the police report back and will be sending copies to the credit monitors, the XXXX power companies and XXXX XXXX My credit is frozen right now and I have to follow up with the credit monitors once I have sent the doc to their XXXX XXXX XXXX.

Company Response:

State: IL

Zip: 60015

Submitted Via: Web

Date Sent: 2024-01-18

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 8176254

Date Received: 2024-01-19

Issue: Written notification about debt

Subissue: Didn't receive notice of right to dispute

Consumer Complaint: Attempt to verify a debt. I became very sick and was unable to communicate with XXXX. Upon catching up with emails I see that the XXXX XXXX became aggravated and sent my account to collections & was very rude about it. Ive since contacted Transworld systems XXXX/XXXXXXXX and to date havent received any reply back regarding this debt. Its been months and I contacted XXXX months before and they strong arm me and send me to collections. I thought things were okay XXXX I saw my credit score go up and trans world systems was removed and I get alerts now my score has decreased and this debt is back. I sent letter via USPS

Company Response:

State: NY

Zip: 10304

Submitted Via: Web

Date Sent: 2024-01-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 8173081

Date Received: 2024-01-12

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: TSI trying to collect a debt that they arent the original creditor nor did they provide any verification that they are the original creditor or any other verification that they purchased the debt and I am required tho pay them

Company Response:

State: VA

Zip: 231XX

Submitted Via: Web

Date Sent: 2024-01-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 8172755

Date Received: 2024-01-13

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: On XX/XX/2023, XXXX XXXX XXXX put my XXXX XXXX account into collections. They put it into collections because XXXX XXXX was in a company corporate name that wasn't personally guaranteed. This account never belonged on my credit in the first place. They took my consumer information and placed it on my credit report and that's not what should have happened. 16 CFR 313.7 15 usc 6802 Per the FCRA as a federally protected consumer I am now opting out of any and all authorizations I the consumer may have given you written, unwritten, verbally and non verbally per 15 USC 6802 it is effective immediately and indefinitely. Since the debt is now with a third-party collection agency, it has already been charged off. As outlined in Tax Topic 431, this represents a certificate of indebtedness, which is categorized as income. It's important to note that income is not reportable on my credit report. " If your debt is forgiven or discharged for less than the full amount owed, the debt is considered canceled for the forgiven or discharged amount that you no longer need to pay. Cancellation of a debt may occur if the creditor can't collect, or gives up on collecting, the amount you're obligated to pay. If you own property securing a debt, cancellation of the debt may occur due to foreclosure, repossession, voluntary transfer of the property to the lender, abandonment of the property, or a mortgage modification. '' - Tax Topic 431

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NV

Zip: 89031

Submitted Via: Web

Date Sent: 2024-01-18

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 8171934

Date Received: 2024-01-17

Issue: Attempts to collect debt not owed

Subissue: Debt was paid

Consumer Complaint: Payment was made with the original creditor XXXX XXXX months ago. I have contacted XXXX XXXX & they have said that this company shouldnt be charging me. This debt has already caused me harm, by lowering a credit card credit limit & has caused me to be denied for several loans. I seek damages for my losses

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NE

Zip: 68104

Submitted Via: Web

Date Sent: 2024-01-17

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 8169347

Date Received: 2024-01-18

Issue: Attempts to collect debt not owed

Subissue: Debt was result of identity theft

Consumer Complaint: I discovered the debt on my credit report, I disputed the debt and sent proof I was a victim of identity theft they sold it to another third party instead. I sent letter to the credit agencies and still not removed. XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX

Company Response:

State: NJ

Zip: 07307

Submitted Via: Web

Date Sent: 2024-01-18

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 8161698

Date Received: 2024-01-16

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: My information was illegally obtained and sold in the XXXX breach. Ive tried to call and write Trans World Systems to dispute this debt but they refuse to respond.Trans world Systems is on my credit report and Consumer Credit report stating I owe them {$690.00} ( XXXX XXXX ) I am not aware of any money owed for this debt. I have no knowledge that this debt belongs to me. I am asking for this debt to be removed from my credit report and Consumer Credit Report immediately. This debt is causing my credit score to drop and Im having issues securing loans and credit.

Company Response:

State: TX

Zip: 75006

Submitted Via: Web

Date Sent: 2024-01-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 8154924

Date Received: 2024-01-13

Issue: Improper use of your report

Subissue: Reporting company used your report improperly

Consumer Complaint: My information was obtained without my consent.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: KS

Zip: 666XX

Submitted Via: Web

Date Sent: 2024-01-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 8154047

Date Received: 2024-01-13

Issue: Improper use of your report

Subissue: Reporting company used your report improperly

Consumer Complaint: I want my credit cleared because I was paying to fix it last year and it is legal to report transaction history. XXXX won't let me cancel my account and I am getting ready to buy a house but it keeps reporting inaccuracies, and it's lowering my score dramatically. A charge which is a certificate of indictment, which means it is income and must be removed. Also Every 30 days they should let me opt out, but they don't. I would like you to please clear off everything reporting incorrectly on my credit because it is effecting my life and lowering my living standards. I appreciate your time for addressing all these concerns. Thank you very much and have a great day.

Company Response:

State: AZ

Zip: 85040

Submitted Via: Web

Date Sent: 2024-01-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 8151258

Date Received: 2024-01-11

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: I called the company on XXXX occasions asking them to send me validation of debt letters which one time they said that they did. I never received anything. I also disputed both online and over the phone with XXXX and XXXX to which they came back verified. When I asked how they verified the debt they said that the company verified it. I told them that it wasnt sufficient and that someone had to send me some kind of proof and that the company can not investigate itself.

Company Response:

State: NJ

Zip: 070XX

Submitted Via: Web

Date Sent: 2024-01-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.