Hi Chaz24NY! Welcome to the forums-- although, I'm sorry that it's under these circumstances.
First, are you saying that Citi just closed your card, now, in February 2010, or did they close it in June/July '09? You mentioned that "all payments prior to June 2009, and since June 2009 have been made on time." However, you've noted that they reported a 60 day late. Did you pay less than the minimum, prior to being late (perhaps in May), missed the June payment, and brought it current in July? Also, what about your other cards? Have you had any lates with other lenders? Is your utilization high/maxed out? Are you making just the minimum payments? Any new derogs on yoru credit reports? These are all things that make lenders nervous, and these days quick to take adverse action, even cutting you off entirely.
One thought is that you can try calling Citi (check the backdoor thread stickied at the top of the forum) to ask them to reconsider the closure. Failing that, I'd just start trying to goodwill that 60 day late. I wouldn't be trying to get the account off my credit report, because the good is probably outweighing the bad. Well, that, and because there's no provision for disputing accurate information.
