If any information previously reported has changed or is found to no longer be accuarate, FCRA 623(a)(2) requires that a furnisher must promptly update that information so as to maintain its current accuracy. Interest accruals and/or payments result in changes in the current balance, and regular updates extend the reported period since initial delinquency, and thus can be argued to be mandated.
As such, a debt collector is more likely to violate the statute if they fail to provide updates than if they do.
