The devil is in the details, meaning the accuracy depends upon what "status" is being reflected.
The payment history profile retains the full prior history of each derog.
The payment rating retains the highest level of delinquency prior to its current status.
Current status is only a snapshot of the account status as of the last reporting, and will show a delinquency status until the account is paid or otherwise retturned to good standing. It will then reflect only the current status,with no showing of any prior, historical delinquency status.
The CRA thus retains prior delinquency information and current status information. The real issue is under what cubby hole it is retained, and what a given showing in a commenrcail credit report is referencing. Commercial credit reports can often blur the distinction in how they format and present info, with asserted inaccuracies actually being in how the credit report presents information rather than inaccuracy in actual reporting by the funishers of the information.
Yes, it is important to correct inaccuracies, but correction does not usually lead to deletion of information.
If you are sure that the Cureent Status is showing some form of delinquency and the account is paid, then it is inaccurate and should be corrected.
However, if the same inaccuracies are being shown in the credit report, but are stored in the consumer file under payment history or payment rating, it is likely that there is no actually inaccuracy in reported information on the part of any furnisher.
I would prefer to see a more detailed credit report from annualcreditreport.com, which is more likely to be absent of commercail formatting issues and thus permit assessment of the actual accuracy of the raw reporting.
