Need help with a dispute with the CRA's

[Bodhi]

I recently disputed some inaccuracies on an account with the three major CRA's and got my responses back. All they did was update the account instead of deleting it.

As far as my understanding is, the FCRA states that all inaccurate information must be deleted from an account. It says nothing in there about "updating" the account after the consumer proves that the subscriber provided inaccurate information with regards to the account.

This all stems from a US Bank charge off that I settled and paid in 2004. They had it reporting as "Charge Off / Paid for less than Full Balance" and that it was a current account showing current paying up to Dec 2007.

I disputed the inaccuracies, and provided proof and my payment letter outlining the agreements.

Why did they not remove the account? It contained inaccuracies? Can I still get them to remove it? What would you guys try?

[jetscarbie]

Did you settle with the company for less than what you owed?

Tons of people get suckered into the "settle for less"

Say your bill was 600 and you settled for 400. They still have the right to go after you for the remaining 200.

Does the agreement that you have say "Paid in full"

[Bodhi]

The agreement I have states that I paid in full.

That is not the issue, the issue is that the CRA's had it reported wrong, I provided proof they were wrong, and they updated the info instead of removing it as it states in the FCRA.

My question is can they just update the information instead of removing it while using the correct information I provided?

[secondchances]

They don't have to remove an account at all before its time is up. They DO have to report accurate information. So if they were reporting inacurate information before you disputed it and provided them with "proof" they should simply update the account with the new information, not remove it. However, if said they verified the account and updated it and it is incorrect, you have yourself a violation of the FCRA.