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Account status incorrect. 1681 ( e ) ( b ) states " Accuracy of report ; Whenever a consumer reporting agency prepares a consumer report it shall follow reasonable procedures to assure maximum possible accuracy of the information concerning the individual about whom the report relates ". Everything on my credit report should have the most maximum possible accuracy. XXXX XXXX XXXX has been reporting account ending in XXXX as CO, which stands for Charge Off. Twice, stating this account has been charged off XX/XX/year> & XX/XX/year>.