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Re-Aging Rules- Charge-off Rules Original Creditors


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Posted by Why Chat (209.240.222.130) on July 09, 2002 at 21:51:35:


For those who need the information, or for those who need something to read that will put them to sleep, here are the real rules for original creditors on when they should charge off an account,(maximum 180 days delinquent) and how often and in what way they can legally re-age an account. This ONLY is for the original creditor, CA's have NO legal authority to re-age or charge-off an account once it has left te original creditor.



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