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Question #1
I am in the process of reviewing my credit and disputing some possible errors that I have found. One tatic that I am hearing about is the Reaging of accounts. I would like to know more information on this tactic and maybe hear some experiences doing this. Are there any negatives to reaging an account? How would I know it is an appropriate time to reage an account? What is the best way/steps to reage an account?
Questions #2
I have heard that coorespnding with Account Holders and requesting credit improvement reports is a viable resource. Anyone have any experience with this?
Thank you in advance for any, all insight and any tips/tricks to improve my credit!
Cmeq wrote:Question #1
I am in the process of reviewing my credit and disputing some possible errors that I have found. One tatic that I am hearing about is the Reaging of accounts. I would like to know more information on this tactic and maybe hear some experiences doing this. Are there any negatives to reaging an account? How would I know it is an appropriate time to reage an account? What is the best way/steps to reage an account?
Questions #2
I have heard that coorespnding with Account Holders and requesting credit improvement reports is a viable resource. Anyone have any experience with this?
Thank you in advance for any, all insight and any tips/tricks to improve my credit!
1) Reaging is a bad thing and its something you don't want to happen to you. And you don't re-age the acct, the OC/CA does it, illegally, by altering the DOFD.
2) I don't understand the question. Could you clarify?
I think you might be confusing "reaging" with "loan forgiveness/rehabilitation".
This article might help:
what happens if you know the DOLA listed is incorrect, but cannot find any past paperwork or documets to prove this? would i basically have to accept that they added 3 to 4 years to my account if the CRA gives me a FCRA compliance date of 2005? i had an account that i have not paid a penny towards since late 2001 early 2002 (cannot remember exact time) and it shows on my report as DOLA 2005!
and since the account is so old would it be a bad idea to dispute the dates or would that be like waking a sleeping giant? sorry, i'm still trying to grasp all this credit stuff. there is just so much.
The DOLA date has no bearing or impact on your CRTP. CRTP goes off of DOFD. Often when the CA updates your account, whether through a dispute, DV, PFD, GW, etc., they will chnage the DOLA. Ignore that date. Make sure DOFD and the drop-off date hasn't changed.
scorechaser wrote:what happens if you know the DOLA listed is incorrect, but cannot find any past paperwork or documets to prove this? would i basically have to accept that they added 3 to 4 years to my account if the CRA gives me a FCRA compliance date of 2005? i had an account that i have not paid a penny towards since late 2001 early 2002 (cannot remember exact time) and it shows on my report as DOLA 2005!
and since the account is so old would it be a bad idea to dispute the dates or would that be like waking a sleeping giant? sorry, i'm still trying to grasp all this credit stuff. there is just so much.
Message Edited by scorechaser on 03-19-2009 10:18 PM
Hi mend81068 ,
I have the same problem as you listed below and I was wondering did you ever get an answer to your post or do you have an answer as to what to do?
@llecs wrote:The DOLA date has no bearing or impact on your CRTP. CRTP goes off of DOFD. Often when the CA updates your account, whether through a dispute, DV, PFD, GW, etc., they will chnage the DOLA. Ignore that date. Make sure DOFD and the drop-off date hasn't changed.
@Anonymous wrote:what happens if you know the DOLA listed is incorrect, but cannot find any past paperwork or documets to prove this? would i basically have to accept that they added 3 to 4 years to my account if the CRA gives me a FCRA compliance date of 2005? i had an account that i have not paid a penny towards since late 2001 early 2002 (cannot remember exact time) and it shows on my report as DOLA 2005!
and since the account is so old would it be a bad idea to dispute the dates or would that be like waking a sleeping giant? sorry, i'm still trying to grasp all this credit stuff. there is just so much.
Message Edited by scorechaser on 03-19-2009 10:18 PM
good evening,
I see that you made a statement: Make sure DOFD and the drop off date hasn't change, well i have gotten my credit report today and i have two showing a different date from my DOFD. This is what i have, AFNI, drop off date is 1/2013, but my new report showing 8/09 prior delinq and i have another account doing the same thing but different dates..What should i do about this? pls help...