Hi I paid off a derogatory account 3 years ago. I

Hi I paid off a derogatory account 3 years ago. I recently checked my credit report and the account still states "Derogatory" under condition status instead of "Closed" or "Paid" with Transunion. With Experian it states "Open" and with Equifax it states "Paid". Can the creditor (law firm) allowed to report as derogatory even though I paid it off already more than 3 years ago? If I request them to report as "Paid" to all 3 credit bureaus do they have to? I am trying to clean my report and make sure it's up to date and accurate. Thanks for your help.

2 Answers

You can contact with your creditors and make a written request to them to update your account status as “Paid” via certified mail with a return receipt request. You may also request them to remove the negative item from your credit report purely out of goodwill. Usually negative items remain on your credit report for the next 7 years. That’s why it depends on their discretion to remove the negative items from your credit report.


If you've already paid off the account, then your creditor should report the account as paid or closed. You should contact your creditor immediately and ask him to update the status of the account on your credit report.


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