venice22

How long did you wait since your last CLI?

How long did you wait since your last CLI?

i called the collection agency today. They said that since they are a collection agency, they don't put a negative item on my credit report, only Citibank can. However, he also said that usually an overdrawn checking account that is settled won't appear on my credit report. Does anyone have any experience with this? I have no problem paying the $550 to settle the overdraft. Thanks

I received a collection letter today from Client Services Inc. with regards to a closed Citibank checking account. They claim that I owe $550. I closed this Citibank checking account a few months ago and switched to Chase. This is the first letter I received about this account. I have a clean credit file with no derogatory items, and my scores are above 700. If I pay the balance in full today, will it still appear as a negative item on my credit report? Thanks