Collectors, Creditors and CRA's Re-agining accounts?
Date: Tue, 04/06/2010 - 21:51
I was reading online that you can sue credit bureaus or creditors if they try and “Re-age†your account by updating the date of last activity on your credit report in the hopes of keeping negative information on your account longer.
How can you tell if they are "re-aging" your account?
How can you tell if they are "re-aging" your account?
If the creditor reports the date of last activity wrongly, its c
If the creditor reports the date of last activity wrongly, its called re-aging of the account. And, it's a violation under the FCRA.
The last statement that you have received from the creditor would help in establishing the last date of activity on the account.
