Vengeful De-Aging
Another very damaging habit of lenders and collection agencies is to illegally “re-age†a debt. This means that they have reported the account to the credit bureaus in a way that makes your credit slip up look more recent than it is. This is blatantly illegal. It is a common revenge tactic among collection agencies and lenders especially if you commit bankruptcy.
As it is illegal you can write the lender or collection agency the following letter
Letter to Remove A Re-Aged Item From A Credit Account
Customer Service Department
Customer Name
Address
City, State and zip cod
Re: Your name
Your Account number
Dear Sir or Madam,
In accordance with the rule so the Federal Financial Institutions Examination Council I hereby request that my account be re-aged and reclassified to its correct status as (name the status.)
(List the changes that need to be made.)
Please make these date changes and remove unnecessary punitive information required by the FFIEC. Failure to do so will result in a complaint to the proper governing bodies and authorities and possible legal action.
Thank you in advance for your assistance in this matter.
You may reach me by telephone at (insert telephone number) or by email at (insert email address.)
Sincerely,
Your name