I have a loan that I did not apply for on my credit report. Money was taken out of my account to pay for this loan. I contacted the police, fraud, etc. and the finance company. They denied it was fraud and claim it was me. I did not apply for any loan. Anyway this has affected my credit rating severely. I want to sue because I am stressed, my credit is poor and I am spending a lot of time trying to fix this.
Hi Margaret, I'm sorry to hear about your situation. To provide better information, could you let me know if you have any written communication from the finance company denying the fraud claim?
Thank you for providing that information, Margaret. Here are some general steps you can take in Ontario:
- **Document Everything**: Keep all written communication from the finance company.
- **File a Complaint**: Contact the Financial Consumer Agency of Canada (FCAC).
- **Legal Advice**: Consider seeking legal advice from a lawyer specializing in consumer protection.
Would you like information on how to contact the FCAC or find a lawyer?
Thank you for sharing that information, Margaret.
Here are the contact details for the Financial Consumer Agency of Canada (FCAC):
Financial Consumer Agency of Canada
Phone: *-*-*-*
Website: www.canada.ca/en/financial-consumer-agency
Would you like assistance finding a lawyer specializing in consumer protection in Ontario? yes please
Thank you, Margaret. Here are some resources to help you find a lawyer specializing in consumer protection in Ontario:
~Law Society of Ontario Lawyer Referral Service
Phone: *-*-*-*
Website: www.lso.ca/public-resources/finding-a-lawyer-or-paralegal/lawyer-and-paralegal-directory
Would you like any additional assistance?
how can I get them to compensate me for giving me a poor credit when I had a good one. this could be on my record for years
Margaret, you may want to consider the following steps to seek compensation for the damages caused by the finance company:
- **Legal Action**: Consult with a lawyer specializing in consumer protection to discuss filing a lawsuit for damages, including financial loss and emotional distress.
- **Small Claims Court**: If the amount is within the limit, consider filing a claim in small claims court for compensation.
Would you like more details on the small claims court process in Ontario?
yes please
Hi Margaret,
Here are some details on the small claims court process in Ontario:
- **Claim Limit**: You can file a claim for up to $*,*.
- **Filing a Claim**: Complete and submit the Plaintiff’s Claim (Form 7A).
- **Fees**: Filing fees apply, usually around $* for claims up to $*,*.
- **Process**: Serve the Defendant, attend a settlement conference, and if necessary, proceed to trial.
For more information, visit the official Small Claims Court website: [Ontario Small Claims Court](https://www.attorneygeneral.jus.gov.on.ca/english/courts/scc/).
Would you like assistance with any other aspect of your claim?
how could I write a letter to them telling them I am going to small claims court
Hi Margaret,
Here is a template for your letter notifying the finance company of your intention to take the matter to small claims court:
---
[Your Name]
[Your Address]
[City, Province, Postal Code]
[Email Address]
[Phone Number]
[Date]
[Finance Company Name]
[Finance Company Address]
[City, Province, Postal Code]
Dear [Finance Company Name],
Subject: Notice of Intent to File a Small Claims Court Claim
I am writing to inform you that I intend to pursue legal action against [Finance Company Name] in the Ontario Small Claims Court regarding a fraudulent loan that was added to my credit report and the subsequent unauthorized withdrawal from my account.
Despite my attempts to resolve this matter through your customer service and fraud department, you have denied my fraud claim. This situation has severely impacted my credit rating and caused me significant stress and time.
As a result, I will be seeking compensation for the financial and emotional distress caused by this issue. If this matter can be resolved without court intervention, please contact me within 14 days to discuss a settlement.
Sincerely,
[Your Name]
---
Would you like any additional assistance?
hey that's great thanks
You're welcome, Margaret! I'm glad I could help. If you have any more questions or need further assistance, feel free to reach out. Good luck with your case!
thank you
You're welcome, Margaret! If you have any more questions or need further assistance in the future, don't hesitate to reach out. Good luck with your case!
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