GW letter legality questions

[Quarterchips]

From what I've read on this & other forums, if someone enters a mark on your credit report it needs to be accurate (the creditor doesn't have to report to a CBR, but if they do, it must reflect the correct history).  I've also seen several counts of people writing GW letters requesting late marks to be removed from their reports.  How is this possible?  Why would a creditor document something inaccurately, as it seems they would be unlawful in this action?

Thanks for helping me understand!

[Anonymous]

A good will request is just that - you asking your creditor to extend good will by deleting an accurate derogatory entry to the crb.

Theoretically, the ccc accurately reports you were (for example) 30-days late. You, in turn, write a good will letter your cc company pointing out that, except for this single 30-day late, you have been a very good customer and would they kindly consider removing that 30-day late (extending good will).

[Anonymous]

Yup. All the FCRA demands is that IF a creditor reports derogatory info about you, it must be true. It says absolutely nothing about a creditor extending goodwill.