Yes, their reporting as posted appears deficient. It was reported approx a year and a half ago, and thus would not represent the current balance.
Current balance $935 represents the total debt owed at the time of their last reporting only. With no recent reporting, it most likely does not reflect today's obligation.
Bad debt/collection $487 could refer to two different things.
They have charged-off the debt, so it could represent the amount they charged-off, which could have been less than the total debt at the time of charge-off, or their charge-off could have occured well prior to when they made their last reporting. Regardless, it would not be a statement of the total debt.
Or it could reflect the amount of the debt they referred for collection.
You have an aged and confusing report that does not answer the current debt balance.
Any party who reports to a CRA assumes a continuiing obligation to promptly update their reporting so as to maintain its current accuracy.
If the account is closed and delinquent, the full debt balance, whatever it may be as of today, would be their entitled amount to satisfy the debt.
You need an updated repoting or billing from them to determine what they assert the current debt obligation to be.
