sold to another lender and reported as a new account this is called account re-aging '' and is illegal under the law. Trans Union h as allowed XXXX to re-age accounts and shared negative account information to other creditors by triggering account reviews when negative information is entered in credit reports

What the CFPB Record Shows About sold to another lender and reported as a new account this is called account re-aging '' and is illegal under the law. Trans Union h as allowed XXXX to re-age accounts and shared negative account information to other creditors by triggering account reviews when negative information is entered in credit reports

sold to another lender and reported as a new account this is called account re-aging '' and is illegal under the law. Trans Union h as allowed XXXX to re-age accounts and shared negative account information to other creditors by triggering account reviews when negative information is entered in credit reports has accumulated 1 consumer complaint in the CFPB public database, with filings active across 1 U.S. state. Of those submissions, 1 includes a consumer narrative — the verbatim description of the reported problem that the CFPB collects alongside each filing. The earliest complaint on file dates back to Tran, and the most recent logged activity is Trans Unio, giving this record a multi-year window of observable consumer sentiment.

Looking at response behavior, sold to another lender and reported as a new account this is called account re-aging '' and is illegal under the law. Trans Union h as allowed XXXX to re-age accounts and shared negative account information to other creditors by triggering account reviews when negative information is entered in credit reports reports a 0% timely-response rate and has closed 0% of cases with a written explanation to the consumer. 0% of complaints were closed with monetary or non-monetary relief — an outcome signal that tracks how often consumers walked away with some form of remediation. A further 0% of responses were formally disputed by the consumer after the company replied, a useful marker of resolution quality independent of sheer volume. The most-reported product category for this record is "credit managers worked in concert with XXXX XXXX to cause credit score dama ges and cause adverse credit damages. They had done this previously with my other accounts to cause the credit line to be lowered. Trans Union says information is provided by the creditor and once in dispute I have thirty days to s ee the results of the dispute. Any account that is past the statute of limitations and can not be deemed collectable must not be re-aged to ca use credit score anomalies as to cause forced 'account reviews ' to trigger a credit score o r report to be provided to existing creditors to allow reductions in credit lines is willful and intentional and in violation of FDCPA 1691e whe n acknowledging previous deleted material to resurface on the credit report to re-age", and the single most common underlying issue is "doing so would violate the integrity rule when the agency fails to follow proper security and steps to avoid re-aging accounts and causing reductions in credit scores without properly verifying account related information".

Complaint volume is heavily influenced by company size, customer base, and market footprint — larger financial institutions routinely carry more filings purely because they serve more consumers. A complaint is a consumer-reported allegation, not proven wrongdoing, and a timely or relief-flagged closure does not by itself confirm fault. Use this page as one input among many when evaluating sold to another lender and reported as a new account this is called account re-aging '' and is illegal under the law. Trans Union h as allowed XXXX to re-age accounts and shared negative account information to other creditors by triggering account reviews when negative information is entered in credit reports: cross-check against the CFPB Consumer Complaint Database directly, review your own contract terms, and consult a licensed professional for financial, legal, or regulatory advice. This page is informational only.