Are you SURE that 120-late is being reported as the current status, and not simply as the fact that within your payment history, you had a prior 120-late?
Current status is only a snapshot of status as of the last reporting. It does not reflect any prior status, which is retained under separate, payment history codes.
If the current status is reporting as delinquent when the account is in good-standing, the basis for dispute would be their non-compliance with FCRA 623)a)(2), which requires any furnisher of information to promptly update that information so as to maintin its current accuracy.
If you choose to file a direct dispute, you are NOT required to provide them a copy of your credit report.
The implementing regulations for the direct dispute process (16 CFR 660.4) suggest that a consumer include a copy only of the relevant portion of their recent credit report only to show that they are actually reporting the asserted inaccuracy. It is a suggested item, and not required. If you adequately include sufficieht information to identity the account and the disputed information, there is no requirement to include a copy of your credit report.
