Is OC reporting incorrectly???? Please Help me

[Anonymous]

I have a Bloomingdale's charge account that is pretty old - the account was closed in 2004 and that was the last time they reported. On my credit reports under the "Current Status" section, it says 120 day past due. Is this reported incorrectly??? Shouldnt it be charge off??

[nothingman02]

You are correct. Thats incorrect.

[Anonymous]

I am pretty new to this, I am trying to fix my credit so I can get a mortgage.  What would be the best way to dispute this??  With the CRA or with OC or both??  OC last reported in 2004 so if they updated it as "charge off" would that lower my score, having the new date with charge off???  Or is having 120 days late worse even though it was last reported in 2004??  Please let me know, I appreciate your help!! 

[nothingman02]

Uh...er...sorry. My bad. You said its the OC reporting that way? Then its not incorrect reporting. OCs CAN report lates, COs etc ....A CA however cannot report a 120 days late thing...

So in your case, if its the OC reporting as such, thats correct and you cant dispute that.