Citibank cc defaulted on reports me late monthly for years

[lysistara]

Hi,

I took out a low balance Citbank cc years ago, and, subsequently, defaulted on years ago. Monthly, they report it late so that my score lowers along with such. 

Is this legal? If not, what can I do about it? A cease and desist letter?

Thanks.

[dragontears]

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@lysistara wrote:

Hi,

I took out a low balance Citbank cc years ago, and, subsequently, defaulted on years ago. Monthly, they report it late so that my score lowers along with such. 

Is this legal? If not, what can I do about it? A cease and desist letter?

Thanks.

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Yes it is legal as long as the debt is unpaid and within the credit reporting time frame 

You can pay the debt 

[RSX]

agreed - your cease and desist should be sent in the form of $

once you pay it to $0, it will still report, but will stop holding your scores back as much

you can call them and try to settle for less than the total owed

[OmarGB9]

How many years ago was it? If it was less than 7 years ago since you first defaulted, then yes, they can keep dinging you monthly if they so choose as long as the debt remains unpaid and/or it's within the 7 year+ 180 day reporting period for delinquent accounts.