I have a delinquent Citi Bank account that is showing a status through TrueCredit as Collections/Chargeoff. The account continues to accrue interest/charges and they are still posting it as delinquent monthly on my account. Can they do that if they have sent the account off to collections or charged off?
I thought that once the account was charged off they could no longer add interest/penalties to the account? I've had a few other accounts in the same situation and have never seen them do this..it shows charged off and that's where it ends..other than the calls from the CA...THAT's a whole other can of worms!
