Question... help!

[Bleety17]

I had a chase credit card go into collections in 2009. On 4-1-10 Midland credit management took over the collection.  Chase has still been reporting each month. Shouldnt Midland be the only one reporting up to date information?

[Anonymous]

(Edited part out 'cause I got it wrong--see RobertEG's response below. ) Unfortunately, just because something's been handed over to a CA doesn't mean that the OC stops reporting, and just because the amount has been paid doesn't mean the CA stops reporting. It's a double-whammy on your report.

If you want one (or both) removed and you've already paid, your best bet would probably be GW letters. I know a lot of people on these boards (myself included) have had good luck with GW from Midland on paid acounts. Not sure about Chase -- might want to search the forums for 'Chase success' or 'Chase GW'.

[RobertEG]

Any party can report accurate information to a CRA at any time.  There is no "7 year  or 7 year plus 180-days limitation."

The various periods set forth in FCRA 605(a) are not limitations on the reporting to a CRA.  They are limitations on reporting by a CRA, meaning they are requirements for the CRA to monitor dates since certain reported derogs and delinquencies, and discontinue inclusion of that item of information in any credit report they issue after expiration of the relevant date.  It is not a violation for any party to report accurate information to a CRA after any specified time.

Improper inclusion of expired items in your credit file is a violation of FCRA 605(a) by the CRA, and not by the reporting party.  Thus, it is not subject to dispute of inaccurate credit reporting.