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Account status incorrect. As of XX/XX/year>, I paid the balance of the loan in FULL. Reporting to my credit report as a REPOSSESSION AND CLOSED ACCOUNT. As of XX/XX/year> this credit is reporting a balance of $ XXXX, which is false. I submitted a disputed directly to the creditor stating the balance reported was incorrect... This fraudulent company responded stating the information on my credit report was being reported ACCURATE as of XX/XX/XXXX XXXX which is false. I called spoked to a XXXX XXXX, who was rude and condescending stating the car loan won't be reported as paid off for 60 to 90 days. XXXX also noted they update the balances between the XXXX and XXXX of each month. The last time my credit report was updated was XX/XX/year>, where the balance was $ XXXX, cl