I see some medical accounts on my credit report that were from 2000.?

Question

They have not been paid on since 2000. This is 2007, so i thought they would be coming off...but now they are showing with dates unpaid 2005...won't come off till 2011??? WTF?? Is this re-aging?? and i thought that was not legal???

It shows they were "UPDATED" 2005. but there has been no activity since 2000. how does that allow them to stay on for another 7 years. Then what if they are "UPDATED" again.....

Answer 1

The reporting period for medical accounts start on the day of service and report for 7 years from that date.

As with all accounts, it is illegal to re-age them and have them report for longer than the legal time limit.

If the accounts are with collection agencies, the collectors usually show the date that they bought or were assigned the account under the date opened field. That would have nothing to do with when the account is supposed to be removed.

If the reports are actually stating that the accounts will remain until 2011 than that is re-aging.
If that is the case, dispute it with the CRA's

You might include in your dispute that you have no record of that creditor for that date and amount. That any account you may have had in the past would be obsolete. And ask that if the account is verified they furnish you with the name and address of the verifying party, the method of verification and the reported first delinquency from the original creditor

Send it certified (but not return receipt) so you have a paper trail in case it is verified and you decide to take action against the collection agency for re-aging and verifying the inaccurate info.

Answer 2

they can go 10 years from the date of the last "update report"

so.. in all actuality... it can stay on there LONGER than 10 years..
if they do an update suddenly

Bankruptcy will only stay on for 7 to 10 years
and that is because you have DECLARED it

random bills that you :hope: will go away...?
they only will if the company writes you off as a loss

if they choose to pursue you,
you have no out

Answer 3

U need to call them and pay it off first, then it will be removed and it can take up to seven years..