Worth it to fix this incorrect reporting?

[gorgon]

Comenity decided to report a paid and closed account with them as IIB. It was closed several years ago in good standing. They also correctly reported one I actually included in my bankruptcy as such. From a score perspective, would it even be worth it to call and ask them to report the old account correctly as Paid and Closed?

[Anonymous]

How many years has it been since the card was closed, according to the report?  (You describe it as "several.")  Closed accounts fall off the report 10 years after closure, so if it will be falling off soon that may be worth thinking about.

When will the BK fall off the report?

I have no especial expertise in BK issues, but my guess is that a report with a BK and four accounts IIB (say) scores the same as a BK and five accounts IIB.

[gorgon]

---

@Anonymous wrote:

How many years has it been since the card was closed, according to the report?  (You describe it as "several.") 

---

Closed 6/2015

[gorgon]

Dug a little deeper and found they coded the payment status as "Late" on Equifax even though every month's box is green. I hate Comenity.

[Anonymous]

What source are you using to track/monitor your report(s)?

[gorgon]

---

@Anonymous wrote:

What source are you using to track/monitor your report(s)?

---

CCT

[Anonymous]

I mean, if you are sure you were never late on an account and that account is showing you as late, I'd certainly suggest getting the incorrect reporting removed.

[gorgon]

The only worry that has popped into my head since my OP was that they could potentially delete the account all together and throw off my AAoA.

[gorgon]

[Anonymous]

Generally speaking, the removal of a negative account is better for your file than keeping it due to age of accounts factors, especially AAoA.  If you were talking AoOA and an account that's 20 years old with a negative item present and your next oldest account was (say) 6-7 years old, perhaps that would be the lone exception... but that's considering oldest account, not average age.  This is similar to the argument of adding an old AU account from an immediate family member that's at very high utilization on a profile that's at currently low utilization.  Sure you get the benefit of the older account, but at the expense of the utilization hit.

If this isn't your oldest account, AoOA isn't factor here.  Have you determined your before/after AAoA if the account were to be removed?