Re: Sharinn&Lipshie Credigy ReAging

Posted by LadynRed (199.91.33.254) on April 21, 2004 at 13:38:35:

In Reply to: Sharinn&Lipshie Credigy ReAging posted by Disgusted in NY on April 21, 2004 at 11:10:21:

A collection agency cannot re-age a charged-off debt ! There are 2 different scenario's here, which one applies to you ?

IF you are behind on payments to a creditor (NOT a CA), and they put you on a hardship program to get caught up, they will typically 're-age' the debt to wipe out all previous lates and put the account into a 'current' status. That kind of re-aging is legal.

The other scenario, that of deliberately changed the Date of Last Activity on your credit report, is ILLEGAL RE-AGING and you can sue their butts off for it.

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