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Citibank + Student Loans - Incorrect Reporting to CRA


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Posted by Fishyhead (67.153.182.194) on June 23, 2004 at 13:41:55:

Hello

In August of 2001, I defaulted on my student loans and consolidated with the US Department of Education (USDE). USDE paid all student loan accounts in full and I have been making regular monthly payments to them since.

*The School reports this as a PAID COLLECTION which is fine since its the truth.

*Citibank has a status of "CHARGE-OFF" on all six accounts with a comment of "Account Transferred Or Sold, Student Loan"

*USA Funds has a status of "120+ DAYS PAST DUE" with a comment of "Student Loan, Paid Collection"

What would I need to do to have them report the accounts properly? I tried the online dispute on Experian but the Citibank accounts came back Verified.


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