The reporting of monthly derogs and/or a CO is separate from the current account status.
Prior delinquencies remain either until deleted by the crditor or excluded by the CRA after 7 years. They are history.
Current account status represents the status as of the last reporting, and does not represent prior history.
Reporting of 30/60/90/OK implies that the account reached 90-late, but was then brough back into pays as agreed, good standing.
The currrent status would remiain pays a agreed unless/until a new derog occurs. Exclusion of monthly derogs is unrelated.
What becomes excluded under FCRA 605 are derigs previously reported on an OC account. The account itself is not deleted, and continues, absent the reported derogs, once their exclusion period is passed.
OC accounts are only deleted in one of two ways. Either the creditor reports their deletion, or if they have been closed for approx ten years, the CRA can administratively delete the account as an internal houskeeping measure.
