It should not be reporting as late every month. If it's out of SOL, you can send a DV to the CA and file a dispute with the CRA. There are example letters posted on this site for the DV. Never talk to the CA on the phone. If you can afford to pay it in full, it doesn't matter if it is in SOL, as you can pay it off to prevent a judgment.
Old and closed bank account, two CRA report as closed charge-off\purchased by other lender with no new activity (since at least 2004), while equifax keeps reporting a red Key Derogatory every month.
Is this normal? when\how should this cease?
thanks in advance