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Charged off debt is reported 3 years after

Tue Oct 16, 2007 11:10AM | By Tony

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Q: I had this debt charged-off 3 years ago. Now all three of my credit reports show the Olympic Collection agency reporting the account as OPEN with opening date 2 months ago. Is this re-aging?

A: No it is not, collection agencies may list as the DATE OPENED the date when they acquired the account.

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