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Fixing a Re-Aged Account

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Anonymous
Not applicable

Fixing a Re-Aged Account

Hello,

 

I have read through the forums and learned a ton of valuable information. I greatly appreciate everything that the community has shared with others.  Calvalry recently bought out a credit card debt from Citibank.  They listed the account as opening in April when it is an account from 5 years ago.  What is the best way to get this fixed.  I have writted my verification letter to mail to Calvalry, but I was not sure if this is the best/fastest way to correct the information.  Should I also dispute with equifax at the same time?

 

Thank you for any guidance.

Message 1 of 4
3 REPLIES 3
needtodobetter
Frequent Contributor

Re: Fixing a Re-Aged Account

The April open date is likely the date it was assigned to Calvalry.  They will show that date, but it does not change the DOFD and it does not reset the clock on the maximum allowed reporting period.

05/01/15: EQ 519 TU 541 EX 506
10/28/15: EQ 637 TU 646 EX 622
First Goal Score: 600
Second Goal Score: 640
Message 2 of 4
RobertEG
Legendary Contributor

Re: Fixing a Re-Aged Account

+1

The date opened reported by a debt collector is of the opening of their colleciton, which can be reported as the date they received their collection authoriity.

Perfectly proper.

Message 3 of 4
Anonymous
Not applicable

Re: Fixing a Re-Aged Account

Thank you for the responses.  I just wanted to make sure everything was appearing correctly.  The reason I felt like they are providing bad information is due to the notes on my credit report.  It has a note saying my time since late was 5 months ago.  All 3 agencies are reporting under different names, dates opened, account status, and contact address.  

 

               

Transunion - 08 CITIBANK            

 

Account Number :****

Account Type: Collection

Terms

Date Opened:02/24/2015

Account Status: Open

Payment Status

Payment Status Details

Status Updated: 06/09/2015

Balance: $2,351.00

Balance Updated

Credit Limit-

Past Due Amount-

High Balance-

Monthly Payment-

Balloon Payment-

Contact Phone: (800) 501-0909-

Contact Address: 500 SUMMIT LAKE DR, SUITE 400, VALHALLA, NY 10595

Ownership:Individual account

Original Creditor:08 CITIBANK 201

Company Sold-to

Original Amount:$2,351.00

 

Equifax - CAVALRY PORTFOLIO SE

 

Account Number:*****

Account Type:Collection

Terms

Date Opened:02/24/2015

Account Status: Closed

Payment Status: Late

Payment Status Details: Unpaid

Status Updated:06/09/2015

Balance:$2,351.00

Balance Updated

Credit Limit

Past Due Amount-

High Balance-

Monthly Payment

Balloon Payment-

Contact Phone: (800) 501-0909

Contact Address: 500 SUMMIT LAKE DRIVE, VALHALLA, NY 10595

Ownership:Individual Account

Original Creditor:CITIBANK

Company Sold-to:-

Original Amount: $2,351.00

 

Experian - CAVALRY PORTFOLIO SERV

 

Account Number: ****

Account Type:Collection

Terms: 1 Month

Date Opened: 02/01/2015

Account Status: Closed

Payment Status:Late

Payment Status Details: Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department

Status Updated: 04/01/2015

Balance: $2,351.00

Balance Updated

Credit Limit

Past Due Amount: $2,351.00

High Balance

Monthly Payment

Balloon Payment

Contact Phone: (800) 501-0909

Contact Address: PO BOX 27288, TEMPE, AZ 85285

Ownership: Individual

Original Creditor: CITIBANK

Company Sold-to:

Original Amount:$2,351.00

 

Message 4 of 4
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