My loans never defaulted, but like most here, I have several fully paid tradelines reporting late pays.

However, the information reported to each CRA varies to such a degree that in some cases, I believe my good name is being poisoned.

Which brings me to my question: In plain English, what laws govern SL reporting requirements to CRAs?

An example of one tradeline Sallie Mae is reporting follows:
EX: 180 days as of 4/99 to 6/99; This item was verified and updated on 2/04
EQ: All tradelines listed as paid/never late.
TU: Maximum delinquency of 90 days in 2/00 for $0.
Creditor's statement: Account closed due to transfer.

I disputed the accuracy of the tradelines with Sallie Mae and the CRAs. SM stated by law, they cannot change correct information. I requested they provide me with a copy of the law they must follow, but have yet to receive it.

Thanks,
Grasshopper