No. of Recommendations: 3
it's not clear to me that there is anything derogatory about the information being shown. Are there late/missed payments noted, or other derogatory indicators on the account? If not, and it's shown as an account in good standing, that would indicate that it would stay on your credit history for up to 10 years. The 2016 date would indicate that your last activity on the account was in 2006. Does that happen to coincide with when you disputed the account information? If so, you might want to read about my experience.....

Thanks for your response AJ! The account is shown as "Closed/Never Late", which I presume is in good standing. I have no issues with that. The issue I have is this: In the field where it says "Credit Limit / Original Amount" the value shows $300. In the field where it says "High Balance" the value shown is $676, which is totally incorrect. I have *NEVER* used that credit card to make a single purchase. So my main issue is, I have an account which shows that I have gone over my credit limit, though I have never used the credit card anywhere. With a high balance that's over your credit limit, doesn't it make it appear that I'm an irresponsible user of credit? Granted that I do have other accounts in good standing and which show that i'm a responsible user of credit. I'm assuming that this account with the incorrect data does ding me on my FICO score, though I'm unaware to what extent it pulls my score down. Or should I not be concerned about this at all?

It's not clear to me that you really have a cause of action. What is the current status of the account? If it's shown as closed in good standing, there's probably not anything to dispute. And getting Citi to update the account again may actually restart the clock, since there will be 'activity' on the account.

I didn't realize that disputing an account will restart the clock on the darn account. Wow, if I had probably kept quiet the account would've disappeared from my credit report in or around 2008/2009. Thanks for educating me. I wish I had known this before I opened up the dispute. Oh well, we all live and learn!
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