Monday, December 19, 2011

Charter Communications changed the date on my credit report from 1998 to 2003, its been verified by Equifax.?

It's called reaging an account and is illegal.


Write them a letter, demanding that they prove to you that the date they are reporting as first delinquint is fact.





Just be sure you have your credit report in hand when you do. You might need to prove they reaged the account.





I will just bet they drop it off your report.





Here's the case that led to the FTC declaring this kind of reaging illegal.





The Consumer Credit Reporting Reform Act of 1996 (Title II, Subchapter D, of Public Law 104-280|||First, it's probably a collection agency, not Charter, that listed the item on your credit report.





Negative items can only be reported for 7-1/2 years from the date of first deficiency. If you defaulted in 1998, the item should have already fallen off your credit report several years ago.





This is probably a zombie collection agency trying to sneak the item back onto your file. Dispute it with the credit bureau as being beyond the reporting period.|||If it's not right, you can dispute it (you can dispute anything on your credit report that's not right). If they can't prove to Equifax that their information is right (I think they get 30 days), then they have to take it off.





And I think that while it's being disputed, Equifax can't use it to lower your credit score.

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