My credit union told me it would report my loan to the credit reporting agency if it ever was more than 60 days past due but they reported the loan at only 30 days past due. Can the credit union do this?

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Generally, yes, as long as the information is accurate, the credit union can report its experience with your loans to a credit reporting agency at any time. This includes information about loans that you are paying as agreed as well as those that are delinquent. The only exception is if your loan or credit card account agreement provided that the credit union would not report your account as delinquent until you were more than 60 days past due.