There is no basis for disputing the presence of an OC account as being "too old."
The FCRA provides for exclusion of adverse items reported under an OC account, with the exclusion period being based on the type of adverse item.
It does not exclude or require deletion of the account itself.
Once the repo itself becomes excluded, the remainder of the OC account reporting will remain
If the account shows a balance, that will remain, and until the OC reports a $0 balance, may still raise questions as to the status of the debt, notwithstanding the exclusion of the reported repo.
The way to get the repo removed prior to its normal credit report exclusion period is to offer payment of the debt in exchange for their deletion of that adverse reporting.
If they accept, you then obtain both deletion of the repo and reporting of satisfaction of the debt.
