Asset's "reporting"

[Dbremer]

ok so I know that a ca or "factoring company" can report the last status of the oc but asset on my fico ex and eq are reporting as installment and  90 day lates every month since god knows when.... is this the last status of OC or are they screwing me?

Date opened [?]Date of last activity [?]Account number [?]Loan type [?]Terms [?]Account Type [?]Account holder [?]Industry

May, 2012

Not Available

1223XXXXX

Unknown - Credit Extension, Review, Or Collection

1 Month

Installment

Individual

Other Collection Agencies

No contact information provided by Experian

Balance [?] Current Status [?] Past Due Amount [?]

$3,685

Account seriously past due date/account assigned to attorney, collection agency, or credit grantor's internal collection department

$3,685

Seven year payment history [?]30 days late60 days late90+ days late

0 times

0 times

18 times (Feb 2014, Jan 2014, Dec 2013, Nov 2013, Oct 2013, Sep 2013, Aug 2013, Jul 2013, Jun 2013, May 2013, Apr 2013, Mar 2013, Feb 2013, Jan 2013, Dec 2012, Nov 2012, Oct 2012, Sep 2012)

[Dbremer]

also the OC is reporting a 120 past due on the same account on my reports and the debt is paid just waiting for it to be updated. 

[Dbremer]

Bump

[guiness56]

It looks like the CA account is mixed in with the OC account.

A CA cannot report montly lates or a payment history, nor can they report as an installment.

All CA accounts are reported as open.

[Dbremer]

So this is incorrect reporting on their end? Last activity/ DOFD for the OC is 6/10... 120 late last reported 10/10. AA opened their account 5/12 and started reporting 90 day lates in 9/12.., hmmmmm

[guiness56]

Where is the report from?  If it is from a 3rd party they can be formatted differently.

If in question, look at the one directly from the CRA.  If they are reporting that way it is incorrect.

[Dbremer]

It's from MyFico

[guiness56]

Either get a free one from annual credit report if you can or buy one from the CRA.

Or, contact the CRA and ask them about the account.  See if the CA is in fact reporting lates and monthly history.