 TITLE: What Is Account Re-Aging? CONTENT: A Lesser-Known Usage of \"Account Re-Aging\"\n------------------------------------------\nWhile account re-aging generally refers to an illegal change in the date of first delinquency, the term is also sometimes used to mean something completely different.\nIf you sign up for a debt management plan (DMP) with a nonprofit credit counseling agency, the counselor may negotiate with your creditors on your behalf. Part of the negotiation may be to waive late fees and bring your past-due accounts current, which the agency may call \"re-aging\" your accounts.\nBringing an account current can be especially helpful if you've fallen far behind on the bills and can't afford to pay the full past-due balance. Now, your monthly payments will be on-time and can help you build credit.\nHowever, even in this case, the record of your previous late payments won't be changed or removed. You'll still need to wait seven years for those negative marks to fall off your credit reports. END