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Originally Posted by AK lawyer

Incorrect. I believe that it is the Fair Debt Collection Reporting Act which prohibits credit reporting agencies from reporting a debt that is more than (as I recall) 7 years old.

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I would suggest double checking that. I think the rule is that after 7 years, the entry has to be removed from the report. I don't think it prohibits reporting an old date for the first time. Especially if the debt has changed hands or had some new activity.