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Fear of Re-aging Old Accounts

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GettingItIn
Member

Fear of Re-aging Old Accounts

Do old accounts re-age when disputed?
2015 FICO Fitness Challenge
Starting: TU FICO 440 (9/2011)
Current: EX FICO 630 (4/2015) EQ FAKO 629 (4/2015) TU FAKO 630 (4/2015)
Goal: EQ/EX/TU FICO 690 (10/2015)
Message 1 of 4
3 REPLIES 3
LIGHTNIN
Senior Contributor

Re: Fear of Re-aging Old Accounts

re-aging means the DoFD was changed.

Disputing will not change the DoFD.

 

Welcome to the forums,Smiley Wink

FICO's May 2015 EQ764 ~~Live below your means and always keep an emergency fund -Love Everybody ~ Big Kenny ~ Big and Rich ~~~~~Credit Scoring 101 - Common Abbreviations - Freq Req Threads - Free Credit Reports - What Steps Do I Take?DV? PFD?
Message 2 of 4
pizzadude
Credit Mentor

Re: Fear of Re-aging Old Accounts

The DoFD can't be modified, at least legally ~ once it is established it should never change.
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 3 of 4
RobertEG
Legendary Contributor

Re: Fear of Re-aging Old Accounts

+1

"Re-aging" is a generic term.  Anything reported to your credit file "re-ages" your date of last reporting/activity, and updates your credit file.  Most of that is totally proper.

Illegal reaging applies to those reportings that have set definitions under the FCRA, such as the date of occurance of a delinquency, or with respect to collections and charge-offs, the reported DOFD.  If a date that is regulated under the FCRA is inaccurately reported, the illegal aspect arises from its impact on your credit report exclusion date.

 

The FCRA defines dates of adverse items based on their dates of occurence, and those dates are based on account activity, not when they are reported to a CRA.

Message 4 of 4
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