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what does reage mean

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Joined: 11 May 2009
rachael's page
Posts: 233

6576 Magic Points

Subject: Reage
Posted on Fri May 15, 2009 5:00 am  

Hi danni b,

Re-aging is getting your past debt account as current, by agreeing to pay a lump sum amount or at least three consecutive minimum monthly payments. Re-aging cannot be done frequently. Usually it can be done only twice in 5 years. Most creditors do not easily agree to it. What i feel is that if you are only 30 days late on a payment, re-aging of your accounts is not the best option. Instead negotiate with your creditor on your debt amount and pay it off.
Looking forward to a debt-free life.
lisa marie

Subject: reage
Posted on Tue Nov 10, 2009 12:37 am  

i really dont understand if this is good or bad please explain more of the possitive and neg
lisa marie

Subject: reage
Posted on Tue Nov 10, 2009 12:43 am  

my ccards are being paid but i want they to get paid off faster so i joined a debt consolidate comp. was this a good idea

Joined: 03 Nov 2007
goodnatured's page
Posts: 3931

511 Magic Points

Posted on Tue Nov 10, 2009 4:01 am  

Depends, what are the terms of your consolidation, some lenders look at consolidation just like they do a bankruptcy, some look at it as doing the responsible thing. I guess it all depends on what you want to do with it.

Did you go to debt consolidation because you wanted the lower intrest rates? I think that companies should work directly with the consumer, what would it hurt for them to work out a lower rate and avoid the middleman being the debt consolidation company.
Pissed off

Subject: reaging a debt
Posted on Sun Dec 18, 2011 3:44 pm  

Please someone give me some advice. I have a company pursuing me called Asset Acceptance. They are trying to get me to pay for a debt with a health club 24 years ago! I never was a customer with the health club they listed and now I want to know my rights. This debt has never been on my credit report. They have sent me a letter now claiming they have sent me validation, and I don't owe this debt. I will be contacting my attorney. Just wanted to get some peace of mind tonight
crorkz matz

Subject: OzWFdeGGVZXUlCSVkfT
Posted on Tue Aug 05, 2014 5:50 pm  

mFwvsl wow, awesome blog article.Much thanks again. Awesome.

Subject: old debt
Posted on Thu Mar 05, 2015 6:52 pm  

just saw a new negative report on my credit. contacted the collectors and it is from 2005. How can they never contact me and then do this? I dropped 133 points and im flipping out.

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