After recently pulling my Experian CR--I discovered that CitiFinancial was reporting my account as being charged off twice--for two different months as well as being reported 90 days past due for two different months--which is impossible, obviously.
I sent a dispute letter asking them to delete the old tradeline with them since it was my right becuase they were reporting incorrect data. They responded saying that it was reporting correctly and sold to another lender.
So, since they won't delete, what is my next step? I know that if they are reporting info incorrectly, even derogotory information, incorrectly, I have the right to have them delete it. So, what's next?
Is there 2 different accounts that are showing CO or just showing CO for two consecutive months.
If it is the later, there is nothing wrong with the way it is reporting. They can report a CO for every month for the rest of the time it is on your CR.
Yes, I know they can report it being charged off for months and months; however they canNOT report being 90 days past due for two different months--that's not even possible. That is what I wanted them to correct. Perhaps I didn't make that very clear in my initial posting.
What is your actual payment history? It is possible to be 90 days late 2 months in a row. For instance...
You don't pay Jan, Feb, or Mar. March would say 90 days late. Then, for instance, in April you make one month pmt. That would actually be your Jan payment, but April would now become 90 days late.
See what I mean? That's why I asked...what is your pmt history? Do you have your old bills & payment info??